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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Golden Carat Launches Jewel of Time Awards

Mumbai: Golden Carat Pvt Ltd, India’s Diamond Jewellery Manufacturer launched GOLDIS | ‘Jewel of Time Awards’ at the IIJS Premiere show in Mumbai. The award was launched during the India Jewellery Designer & Artisan Forum held at the IIJS Premiere 2025. ‘Jewel of Time Awards’ is initiated by Golden Carat Pvt Ltd to recognize the valuable services offered by Industry

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De Beers Unveils Landmark Initiatives at IIJS’25

Mumbai: At the 41st edition of the India International Jewellery Show (IIJS Premiere), held at the Jio World Convention Centre, Mumbai, De Beers Group unveiled a trio of landmark initiatives that mark a new chapter for the natural diamond industry in India. As the country has become firmly established as the world’s second largest market for diamond jewellery, De Beers

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Kalyan Jewellers Grows in Q1 Results

Thissur: Kalyan Jewellers has recorded consolidated revenue of Rs 7,268 crore in Q1 FY26 as against Rs 5,528 crore in the same period in the previous financial year, a growth of 31%. Consolidated PAT for the quarter was Rs 264 crore as against a PAT of Rs 178 crore in the same period in the previous financial year, a growth of 49%. Standalone revenue (India) for Q1 FY 26 was Rs 6,142 Cr a growth of 31% when compared with the same period in the previous financial year and

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50% Tariff: GJEPC Seeks Relief from Govt.

Mumbai: The US announcement of a sweeping 50% tariff on all Indian goods is a deeply concerning development. This move would have far-reaching repercussions across India’s economy—disrupting critical supply chains, stalling exports, and threatening thousands of livelihoods. The Indian gem and jewellery sector, in particular, stands to be severely impacted. The United States is our single largest market, accounting for

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Gems and Jewellery Forum Launched in Dubai

Dubai: DMCC, Dubai’s and the region’s global gateway for commodity trade and enterprise officially launched the Middle East Gems and Jewellery Forum (‘MEGJF’). The event was inaugurated by His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of the Department of Civil Aviation, CEO and Chairman of The Emirates Group and Chairman of Dubai World, held at the DMCC headquarters

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Alex Popov Addresses 2nd ZDC

Harare: Alex Popov, Chairman of the World Diamond Mark Foundation (WDMF) proposed to participants of the Second Zimbabwe Diamond Conference that the WDMF could play a big part in bringing African diamonds and the message of their economic beneficiation to diamond jewelry consumers as part of its generic diamond promotion campaigns. Referring to the theme of the November 6-7 conference

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Second Zimbabwe Diamond Conference Ended

Harare: The Second Zimbabwe Diamond Conference ended on November 7 with a vigorous panel debate on the issue of beneficiation as the engine of growth for the country’s diamond industry. The panel included Mr. Richard Mvududu, Chair of the Diamond Beneficiation Association of Zimbabwe, Mr. Tafadzwa Musarara from Resources Exploitation Watch, Mr. Shamiso Mtisi, KP Civil Society Coalition Representative in

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CIBJO President Speaks at ZDC

Harare: Noting the responsibility of the jewellery industry towards society, CIBJO President Gaetano Cavalieri has recognized the need of African diamond producing countries to leverage their natural resources into sustainable economic development for their countries’ citizens. He was speaking during the opening day of the Zimbabwe Diamond Conference in Harare. “These are historic days for the diamond industry. Whereas once

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