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 Gets Skill Development Leadership Award

Mumbai: World Education Congress 2025 at its 14th Edition honoured The Gem & Jewellery Skill Council of India “The Skill Development Leadership Award” under the title The New Education Paradigms. The World Education Congress 2025 is governed by Global Advisory Council which guides the strategic intent of the congress to its logical success. The World HRD Congress, is a global forum committed

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Top 100 UK Buyers Turn Up at India-UK BSM

London: Some of the UK’s most respected jewellery buyers, including Allied Gold, Brown & Newirth, Gemporia, Asprey, Optima, Astrid & Miyu and Gecko Jewellery among several others, turned out in strong numbers at the recently held India–UK Gem & Jewellery Buyer-Seller Meet (BSM) in London, underscoring the growing confidence in Indian manufacturing and the business potential unlocked by the forthcoming

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Chinese Buyers Make Strong Comeback at JGA Hong Kong

Hong Kong: The return of Chinese buyers and increased attendance from Southeast and Central Asia-based visitors energised the show floor of the recently concluded Jewellery & Gem ASIA Hong Kong (JGA), Informa Markets Jewellery announced recently. Held from 19 to 22 June at the Hong Kong Convention and Exhibition Centre (HKCEC), Asia’s No.1 mid-year B2B jewellery sourcing fair recorded a

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Global Platinum Jewellery Market Rebounds

London: Platinum Guild International (PGI), a worldwide marketing organisation dedicated to creating, expanding and strengthening consumer and trade markets for platinum jewellery, has shared its findings from its Platinum Jewellery Business Review update for Q1 2025, highlighting strong growth across key global markets, led by a significant recovery in China. Platinum jewellery is seeing renewed global momentum, with China leading

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Alternate Venue for SDB Proposed

Surat: Faced with criticism and agitation by farmers and NGOs crusading for green environment in the city, diamond barons, who were lobbying with the state government for 2 lakh square metre of Navsari Agriculture University (NAU) land at Ghod Dod Road for the proposed Surat Diamond Bourse (SDB), have now decided to back off, reports The Times of India. They

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$6m Diamond Goes Missing

Windhoek: Police in Namibia are hunting for a 78-carat diamond after the gem went missing during a recent strike by 1,500 workers of the Namibia Diamond Trading Company. NDTC, like the mining firm Namdeb, is a 50-50 joint venture between Anglo American’s De Beers unit and the Namibian government with a history dating back to the 1920s. Bloomberg reports the

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BDB Planning International Diamond Week

Mumbai: India’s Bharat Diamond Bourse (BDB) is planning an International Diamond Week in 2015, Mr. Anoop Mehta, President of the BDB has said in an interview with Rapaport. Stressing about the BDB’s future plans, Mr. Mehta said, “We are planning an International Diamond Week, which will take place in the bourse sometime in early 2015. It will have about 300

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Mugabe Seeks Polishing Partnership with China

Harare: President Robert Mugabe said Zimbabwe intended to partner a Chinese company, Chow Tai Fook, to process local diamonds to add value. At the moment, the country exports its diamonds, mainly mined in Marange, in raw form. Beneficiation of natural resources, especially minerals, forms the centre piece of Zimbabwe’s new five-year economic blueprint, the Zimbabwe Agenda for Sustainable Socio Economic

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