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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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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Countdown Begins for IIJS Premiere 2025

Mumbai: Your wait is almost over as the year’s most ICONIC B2B Gem & Jewellery show India International Jewellery Show (IIJS) Premiere is just a few days away. Get ready for a spectacular show, featuring breathtaking jewellery and cutting-edge technological innovations, all under one roof. Organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from 30th July to 4th

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Encouraged to See ‘Unity in Diamond Industry’: Yoram Dvash

Antwerp: The diamond industry is currently at a critical juncture. The meteoric rise in the penetration of synthetic diamonds into the market – which began as a marginal phenomenon – has become an unprecedented flood that threatens the value, image and future of the natural diamond, says Yoram Dvash, The President of World Federation of Diamond Bourses (WFDB). In less

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Mah. Minister to Inaugurate IIJS Signature

Mumbai: In a major boost for the jewellery industry, Mr. Uday Samant, the honourable Minister for Industries, Government of Maharashtra, has confirmed his participation as the Guest of Honour for the inauguration of IIJS Signature 2024 on 5th January 2024 at Bombay Exhibition Centre (BEC). The announcement was made after a productive meeting between Mr. Samant and the representatives of

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Statement by IDMA: Leave No One behind!

Antwerp: “At this pivotal moment for the global diamond industry, it is vital that we protect the lives and livelihoods of all those employed in the mining and manufacturing of diamonds,” IDMA President Ronnie VanderLinden said. “We are pleased that the G7 will seek further engagement with diamond industry organizations such as the World Diamond Council (WDC) and IDMA, to

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De Beers Rough Sales Rise to $130 Million

Gaborone: De Beers said its rough diamond sales for the tenth and final cycle of 2023 showed a sharp decline from the previous year. According to the company, the provisional sales value for the period between 9th November and 19th December was $130 million. This is a 69% drop from the $417 million recorded in the same cycle of 2022,

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Unearthing Challenges: Is KP ‘Dead’ or ‘Alive’?

(By Suresh Chotai): The Kimberley Process (KP), established in 2003, emerged as a beacon of hope to curb the trade in conflict diamonds, aiming to eliminate the link between diamond sales and funding for armed conflict. However, over the years, the KP has encountered a myriad of challenges that have tested its efficacy and raised questions about its ability to

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