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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41st IIJS Premiere Inaugurated at JWCC

Mumbai: The biggest-ever India International Jewellery Show (IIJS), the 41st edition, is the biggest-ever edition of the famous gem & jewellery B2B trade show organised by India’s apex trade body,The Gem & Jewellery Export Promotion Council (GJEPC). Showcasing “Brilliant Bharat” theme, IIJS 2025 is eyeing big business generation of billions of dollars in exports with several policy initiatives such as the recently

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The Platinum BSM Sparks Fresh Thinking

Kochi: Platinum Guild International (PGI) India recently concluded the 2025 edition of its annual Platinum Buyer-Seller Meet (BSM) on a high note in Kochi, bringing together leading industry voices right from key manufacturers to major jewellery retail partners from across the country. The event hosted at the Grand Hyatt, Kochi, brought together 60 retailers & 14 manufacturers, making it one

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Tabu Inaugurates Kalyan Jewellers’ Showroom in Mumbai

Mumbai: Kalyan Jewellers yesterday launched its all-new showroom at Phoenix Marketcity, Mumbai. Bollywood Actor Tabu inaugurated the showroom, which features an extensive range of designs from various collections of Kalyan Jewellers. Addressing the crowd, Tabu said, “I am delighted to be here today for the inauguration of the new Kalyan Jewellers showroom. It is a privilege to represent Kalyan Jewellers,

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The ‘Game-Changer Move’ for India’s G&J Sector

Mumbai: India and the United Kingdom formalized a landmark Free Trade Agreement (FTA) on Thursday after years of negotiations. Officially titled the Comprehensive Economic and Trade Agreement (CETA), the deal is designed to significantly enhance bilateral trade and investment, with both nations aiming to double trade volume from the current $56 billion to over $100 billion by 2030. The CETA

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GIA Appoints Pritesh Patel as President & CEO

Mumbai: The Board of Governors of the Gemological Institute of America, Inc. (GIA) has named Pritesh Patel, currently GIA’s Chief Operating Officer, as the Institute’s President and Chief Executive Officer, effective August 4, 2025, according to a press release. Mr. Patel succeeds Susan M. Jacques, GIA’s President and CEO since 2014, who will continue at GIA as a strategic advisor

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Stage is Set for Platinum BSM in Kochi

Mumbai: All roads now lead to the Platinum Guild International (PGI) – India’s 8th annual flagship event, the Platinum Buyer-Seller Meet (BSM). Scheduled to take place on June26th and 27th, 2025, in Kochi, this marquee industry event will bring together leading retail and manufacturing partners across India’s platinum jewellery industry to showcase innovation, foster strategic partnerships, and drive category growth in a dynamic

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Endiama, Sodiam Join Natural Diamond Council

Mumbai: Angola’s two leading state-owned diamond institutions, ENDIAMA E.P. and SODIAM E.P., have formally announced their joint commitment to generic category marketing by joining the Natural Diamond Council (NDC) as contributing members, effective July 1, 2025. As the third-largest global producer of natural diamonds and one of the most promising in terms of future deposit discoveries, Angola continues to strengthen

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GJEPC Champions Diamond Sustainability at Russia Forum

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) made a strong statement on diamond sustainability and global collaboration at the 28th St. Petersburg International Economic Forum (SPIEF) held in Russia on 19 June. Representing India at the forum were Mr. Kirit Bhansali, Chairman, GJEPC; and Mr. Ajesh Mehta, Convener, Diamond Panel, GJEPC. The GJEPC delegation also met Mr. Pavel

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