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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GJSCI and YGROO Launch P.R.E.C.I.O.U.S.

Mumbai: The Gem & Jewellery Sector Skill Council of India (GJSCI), in partnership with YGROO (A Social Enterprise) recentky announced the launch of P.R.E.C.I.O.U.S. Insights for Retail Gems & Jewellery – a pioneering 60-minute, in-store masterclass that brings micro-learning directly to the shop floor. Key Highlights: • First-of-Its-Kind In-Store Masterclass – A compact, high-impact session delivered on-site in just one

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HRD Antwerp-Bharat Ratnam Mega CFC Forge Collaboration

Mumbai: HRD Antwerp, Europe’s leading authority in Diamond and Jewellery Grading, Education and Equipment, has officially launched its operations within the Bharat Ratnam Mega Common Facility Centre (CFC) in Mumbai. This collaboration was unveiled during the prestigious IIJS Premiere 2025 and marks a significant leap in advancing India’s jewellery ecosystem with world-class diamond certification services. The inauguration ceremony was held

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Anil Kapoor Illuminates the ‘Jewellers for Hope’

Mumbai: The 10th edition of Jewellers for Hope, the flagship charity initiative by the Gem & Jewellery Export Promotion Council (GJEPC), illuminated the city with a powerful blend of compassion, commitment, and celebration. Held alongside IIJS Premiere 2025, this landmark edition brought together industry stalwarts, philanthropists, and dignitaries to mark a decade of impactful giving. Organized in collaboration with De

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GJEPC Renames India International Jewellery Show as ‘IIJS Bharat’ 

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex trade body,has got received official confirmation from the Government to rename the biggest-ever India International Jewellery Show (IIJS) as IIJS Bharat, as announced by Mr. Kirit Bhansali, Chairman, GJEPC, during the inauguration of IIJS Premiere 2025.  In a significant announcement, Mr. Bhansali revealed that the Council has received official

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Platinum Love Bands for Your Summer Wedding

Mumbai: As we enter the summer wedding season, draw inspiration from your favourite celebrities when it comes to engagement ring choices. Celebrities worldwide have long favoured engagement rings set in platinum for their memorable “I Do” moments as this naturally white metal is renowned for its elegance, durability, and timeless appeal. From A-list actors to music sensations, these celebrities have embraced platinum

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GJEPC Organized InnovNXT, Forty Under 40 Leadership Summit

Mumbai: Indian diamond jewellery market will grow to US$ 17 bn by 2031 out of India’s total gem & jewellery of US$ 120 bn from $ 79 bn in 2021. 2024 is likely to be a record year for gold mine production and jewellery demand will be firm but vulnerable to gold prices. These interesting nuggets were revealed through several compelling

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Global Gold Demand Stays Strong: WGC

Mumbai: The World Gold Council’s (WGC) Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year to 1,238t, marking the strongest first quarter since 2016. Demand excluding OTC fell 5% to 1,102t in Q1 compared to the same period in 2023. Healthy investment from the OTC market1 , persistent central

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De Beers Moving Auctions HQ to Botswana

Gaborone: De Beers is moving its auctions headquarters from Singapore to Botswana in a move designed to streamline its operations and cut costs, according to media reports. The UK-based miner sells around 10 per cent of its rough, by value, via online auctions to almost 1,000 registered buyers. The other 90 per cent is sold to sightholders. In a statement

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