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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Varda Shine Joins Miner Lonmin

London: Varda Shine, who previously headed the Diamond Trading Company of De Beers, has joined the board of platinum miner Lonmin as an independent nonexecutive director. In addition to running the DTC, Shine, a British national, also served as nonexecutive chairperson of DTC Botswana, a 50-50 split between De Beers and the Botswana government, and as nonexecutive chairperson of Namibia

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De Beers February Sight Estimated at $550M

Gaborone: De Beers February sight closed with an estimated value of $550 million and rough diamond prices declined an estimated 2 percent to 3 percent, on average. Minor improvements in assortment qualities were also reported. Sightholders said deferrals were lower than they had been in January, but still remained relatively high, reports Rapaport. Notably, De Beers continued to allow sightholders

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GIA & De Beers to Speak on Synthetic Diamonds

Basel: The Gemological Institute of America (GIA) and De Beers Technologies U.K. will host a panel of speakers on the topic of synthetic diamonds during GIA GemFest Basel 2015 on Sunday, March 22 at the Congress Center Basel in Switzerland. Tom Moses, the executive vice president and chief laboratory and research officer for GIA, will moderate the discussion with Dr.

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Israel to Host the Biennial Presidents’ Meeting

Tel Aviv: The Israel Diamond Exchange (IDE) and the Israel Diamond Manufacturers Association will host the biennial Presidents’ Meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) in Israel, at the Tel Aviv Hilton Hotel, June 14-16, 2015. During the two-and-a-half-day event, the leaders of the 30 diamond bourses affiliated to the WFDB,

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Dassani Brothers to Launch New Collections at IIJS Premiere 2026

Mumbai: Dassani Brothers, a pioneer in the manufacturing of exquisite Polki and Jadau jewellery, will unveil two signature collections GATSBY and RAAGINI at IIJS Premiere 2026. Inspired by the brand’s Heritage Meets Modern philosophy, the collections showcase four generations of craftsmanship, blending timeless artistry with contemporary design. The GATSBY Collection draws inspiration from the bold geometry and glamour of the Art Deco era,

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Grow Your Business, Attend ‘Innov8’ at IIJS Bharat Premiere

NATURAL DIAMONDS: DESIRE, CONFIDENCE, COLLABORATION & LEADERSHIP: Mumbai: The Count down for IIJS Bharat Premiere 2026, being organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) has begun. At IIJS Bharat Premiere 2026, GJEPC × GIA presents Innov8 Talks, powered by IGM (India Gold Metaverse), bringing together global leaders from the natural diamond industry to explore the future of

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India’s CG, Dubai, V V Reddy, Interacts with BDB Committee

Mumbai: India’s Consul General (CG) to Dubai, Mr. Vishnu Vardhan Reddy, visited the Bharat Diamond Boure (BDB) complex on July 24. He engaged with members of the BDB Committee. The visit enabled the CG to gather better insights into the functioning of the diamond trade, the operations within the Bourse. He also observed the smooth functioning of import-export trade in

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Dhoni Joins Malabar Gold as Brand Ambassador

Mumbai: Malabar Gold & Diamonds, a responsible jeweller, recently announced MS Dhoni as its Brand Ambassador, marking the beginning of a long-term association centred around The Responsible Jeweller, the brand’s philosophy of taking responsibility beyond jewellery. At a time when consumers are placing greater emphasis on transparency, authenticity and trust, Malabar Gold & Diamonds is reinforcing its commitment to responsibility across every

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