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 Celebrates 13th Foundation Day

Mumbai: series of events unfolded on this day at GJSCI worth sharing.  It was GJSCI’s 13th Foundation Day along with Long Service Award distribution, JOSH Convocation Ceremony and Recognition of Centre of Excellence to IIGJ Delhi. On this auspicious occasion a ceremony was organized where the Chief Guest at the event were Mr. Dnyaneshwar B. Patil, IAS, Development Commissioner, SEEPZ-SEZ;

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India Signs Historic FTA Treaty with UK

London: India and the United Kingdom signed a landmark Free Trade Agreement (FTA) today; a deal anticipated to open up billions of dollars in trade and investment opportunities for both countries. The signing came as Prime Minister Narendra Modi made a visit to the UK-his fourth since assuming office in 2014. During the trip, he is scheduled to hold comprehensive

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Registrations Open for CIBJO Congress 2025

Milan: Registration for the 2025 congress of the World Jewellery Confederation (CIBJO) is open. Delegates and other participants may register for the congress via a dedicated congress website located at: www.cibjo.org/congress-2025/. The three-day event will take place from Monday, October 27, through Wednesday, October 29, 2025. Marking the start of the World Jewellery Confederation’s Centenary Year, the 2025 CIBJO Congress will

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SKY Gold & Diamonds Delivers Robust Q1 Results

Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer has announced its Q1FY26 results for the quarter ended June 30, 2025. With continued momentum from a record FY25, the company has started FY26 on a solid footing, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East

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DMCC Tradeflow Launches ‘Loans for Diamonds’

Dubai: Financing the trade in rough diamonds took a major step forward in Dubai as DMCC Tradeflow, the dedicated online platform for registering possession and ownership of commodities stored in UAE-based facilities, launched “Loans for Diamonds” in partnership with the Commercial Bank of Dubai (CBD) and Rocks International DMCC, the Dubai Multi Commodities Centre (DMCC) announced recently. According to DMCC,

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De Beers' Interest for Kimberley Mines

Gaborone: The De Beers Group of Companies yesterday announced its intention to explore the extension of the operating life of mine of its Kimberley Mines Tailings Operation beyond 2018 by placing the mine on the market. The Company has been investigating ways to extend the economic life of its tailings-based mining operation in Kimberley. In the past decade the mine

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India’s Polished Exports Down By 11% in April

Mumbai: India’s cut and polished exports for Apl.’15 registered a decrease of 11.03 percent recording $ 1635.71 million as against $ 1838.54 million during Apl.’14, according to the provisional figures announced by the Gem & Jewellery Export Promotion Council (GJEPC) of India. In volume terms, the decline of polished exports was 5.73 percent, recording 2.524 million carats in Apl.’15 as

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ICA Congress 2015 Concludes in Sri Lanka

Colombo: The 2015 Congress of the International Colored Gemstone Association concluded yesterday in Sri Lanka with a panel discussion that covered all the key themes discussed in different sessions over the previous two days. In his concluding address, ICA President Benjamin Hackman praised the organizers for creating an exceptional event. The panel discussion agreed that there was a need to

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