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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India Planning Diamond Hub in Mumbai

New Delhi: The government is discussing a plan to set up a special zone with tax benefits for diamond import and trading in Mumbai, to try and develop the country’s financial capital as a rival to Antwerp and Dubai, which are currently trading hubs for the precious stone, reports The Times of India. Commerce & industry minister Nirmala Sitharaman held

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Reports about Diamond Discount Baseless: GJEPC

Mumbai: The GJEPC issued a strong rebuttal of media reports that Indian diamond companies were offering discounts of between 5 % to 20% as a fall-out of the closure of the Antwerp Diamond Bank (ADB) saying that the reports were “not only false but also baseless with news being reported without substantial understanding of the functionary guidelines of bank’s trade

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Tendulkar Presents Cricket Kits to Kids on Behalf of Jewellers For Hope

Mumbai: Iconic cricketer Sachin Tendulkar today presented complete cricket kits to six children suffering from life threatening medical conditions on behalf of Jewellers for Hope and Make a Wish Foundation, India. The presentation took place at the residence of the cricketing legend on October 9. Colin Shah and Ashish Kothari represented the Jewellers for Hope and Deepak Bhatia, CEO attended

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Zimbabwe Diamond Conference from 6th Nov 2014

Harare: The Second Zimbabwe Diamond Conference to take place next month will present the progress made by the country’s diamond industry following its admission as a member of the Kimberley Process Certification Scheme (KPCS) in 2011. The inaugural Zimbabwe Diamond Conference took place at Victoria Falls in November, 2012. The importance to the global diamond industry of the developing Zimbabwe

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India Pavilion Dazzles at Watch & Jewellery Show

Sharjah: The India Pavilion shined bright on the opening day of the Watch and Jewellery Show Middle East 2025 with 12 exhibitors (Badalia Gems Private Limited, Rajesh Gems, Diarah Jewels Private Limited, Sejal Exports (India), N K Jewels, Fine Colour Gems Private Limited, N.J. Gems, Shubham Motiwala & Jewellers Pvt. Ltd, Manoj Ornaments Pvt. Ltd.) The Pavilion is being organized

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Botswana President to Headline WFDB Meeting

New York: The World Federation of Diamond Bourses (WFDB) Presidents’ Meeting, June 10–11 in New York, will feature an illustrious list of speakers, led by Botswana President Duma Boko and U.S. Secretary of Commerce Howard Lutnick and including Angolan Minister of Mineral Resources, Petroleum, and Gas Diamantino Azevedo and Botswana Minister of Minerals and Energy Bogolo Kenewendo. The meeting, which

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Platinum Love Bands Unveils ‘Wedding Edition’

Mumbai: As the summer wedding season reaches its vibrant peak, Platinum Love Bands unveils ‘The Wedding Edition’, a thoughtfully curated collection of couple bands designed to mark a once-in-a-lifetime love story. Rooted in the insight that real commitment comes from emotional clarity, these platinum bands are more than symbols — they are promises. Crafted in 95% pure platinum – Platinum

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Civil Society Questions the “Breakthrough”

Dubai: The Kimberley Process Civil Society Coalition (KP CSC) attended the Kimberley Process (KP) intersessional meeting in Dubai from 12–16 May. Statements made at the close of the meeting declared a breakthrough in the long-standing debate over revising the KP’s notoriously narrow definition of conflict diamonds. From the KP CSC’s perspective, it is unclear where such a breakthrough occurred—unless the

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