Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors

Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000

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Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors

Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000

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CIBJO Gemmological Commission to Focus in Brazil

Milan: With fewer than four weeks to go to the opening of the 2015 CIBJO Congress in Salvador, Brazil, on May 4, 2015, the fifth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Gemmological Commission, headed by Hanco Zwaan, the report looks at issues related to nomenclature and identification, and in particular how these have

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GJEPC welcomes New Foreign Trade Policy

Mumbai: The recently announced Foreign Trade Policy for 2015-20 aims to support services and exports along with improving the ease of doing business, while supporting Make in India campaign. Gem & Jewelry being one of the significant sectors that has been recognized for an impetus to boost the exports by announcing a critical regulatory framework related to SNZ. Special Notified

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RJC Restructures Management Team

New York: The board of directors for the Responsible Jewellery Council (RJC) resolved to restructure its management team and introduce the role of executive director in place of its former CEO, Ashish Deo, who left the organization. James Courage, the chairman of the board, or Charles Chaussepied, the board’s vice chair, is expected to address the changes in detail during

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GJEPC & IDI Inaugurate DDRC in Surat

Surat: The Gem & Jewellery Export Promotion Council (GJEPC) along with Indian Diamond Institute (IDI) launched the Diamond Detection and Resource Center (DDRC) on 3rd April, 2015 at the Indian Diamond Institute (IDI), Surat. The Facility was inaugurated by Chief Guest Shri Saurabhbhai Patel, Hon’ble Minster of Finance, Energy, Petro Chemicals & Mines, Tourism, Cottage & Salt Industry, Government of

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FTAs Offer Immense Export Opportunity for Indian Jewellery

Jaipur: The Department of Commerce, Ministry of Commerce & Industry, Government of India recently organized a focused outreach programme on “Leveraging FTAs for the Gems & Jewellery (G&J) Sector” in Jaipur, in partnership with the Gems & Jewellery Export Promotion Council (GJEPC). Exporters, manufacturers, MSMEs and other industry stakeholders participated in the programme. The workshop is part of the Government’s

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Golconda & Ancient Diamonds: A Historical Perspective

Singapore: On the third day of 41st World Diamond Congress, on July 15, distinguished jewellery historian and author, Dr. Usha Balakrishnan, of Mumbai, India, will be presenting a lecture entitled “Golconda and Ancient Diamonds – A Historical Perspective. ” “For nearly 2,000 years, every diamond the world had ever seen came from a mystical land, now known as India. These

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Call for African Unity to Defend Natural Diamond Industry

Freetown, Sierra Leone: Against a backdrop of mounting concern over the future of Africa’s diamond sector, ministers from leading diamond-producing nations convened in Freetown, Sierra Leone, on May 20, 2026, to address a challenge that is rapidly transforming the global jewellery landscape—the growing dominance of laboratory-grown diamonds. A key voice at the Council of Ministers meeting of the African Diamond

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Resilient Growth for Platinum Jewellery in 2025

Mumbai: Platinum Guild International (PGI) presented its annual Platinum Jewellery Business Review (PJBR) in an online presentation, themed “A year of resilience”. The review set out platinum jewellery demand across key markets in 2025 and the outlook for 2026, describing an exceptional year for platinum jewellery that was best characterized as a year of resilience.   Mr. Tim Schlick, CEO of PGI, reviewed

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