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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GJEPC Begins Process of Issuing ID Cards

Mumbai: The Gem & Jewellery Export Promotion Council has begun the process of issuing GJEPC Photo ID card to its members, which will have an annual validity up to March 31st of every year. It will be renewed subject to the renewal of membership of the card holder. The GIEPC Photo ID card will contain the name of the member

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ALROSA and IDE Sign MoU

Ramat Gan: ALROSA and Israel Diamond Exchange (IDE) signed a Memorandum of Understanding (MoU) aimed at strengthening partnership between the company and Israel diamond community, to develop the diamond industries of both countries and promote the business in the international market. The document was signed at the sidelines of International Diamond Week in Israel on February 9 by Andrey Polyakov,

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America to Set up Jewellery Units in India

Mumbai: In what could be a significant boost for the ‘Make in India’ campaign, the gem and jewellery sector could see participation from the U.S., the world’s largest market for jewellery, to set up manufacturing hubs in India, reports The Hindu. In this direction, the Federation of Indian Chambers of Commerce and Industry’s (FICCI) Gems & Jewellery, Luxury and Lifestyle

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Important Clarification from EGL

Ramat Gan: The holders of the worldwide rights of EGL hereby notify you, the members of the Israel Diamond Exchange, and all members of the diamond industry and trade, that on November 25th, 2014, the license agreement with the gemological laboratory operated by Mr. Guy Benhamou (a former EGL laboratory that also uses the name EGL INTERNATIONAL), located in the

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Mehul Shah Elected President of WFDB

Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and 6 affiliated members.  The election took place on Monday, July 12, during the ongoing World Diamond Congress in Singapore.  Leaders of the 21

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HRD Design Awards Coming to India

Mumbai: For 40 years, the HRD Design Awards have celebrated the world’s finest jewellery design talent. Now, for the first time in its history, the awards are coming to India. Designers, jewellers, students, goldsmiths, and creative talents from around the world are invited to submit their entries and compete on a global stage. THEME “Where Earth Meets Eternity Born from the

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IAGES Directory Brings Verified Partners on One Platform

Mumbai: The Accredited Partner Directory launched by the Indian Association for Gold Excellence and Standards (IAGES) in November, 2025, has gained significant momentum among consumers and gold businesses since its inception. This one-stop digital platform now hosts a growing network of over 700 IAGES partner outlets across 200 cities, allowing consumers to find verified, trusted jewellers nearest to them before

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De Beers Sets out Portfolio & Organizational Actions to Support Long-Term Value Creation

London: De Beers Group is advancing delivery of its business streamlining by setting out a number of planned portfolio and organisational changes to ensurean efficient cost base that strengthens resilience in the near-term while enhancing future competitiveness and retaining optionality as industry conditions improve. Since 2024, De Beers has been streamlining its business in line with its Origins strategy to

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