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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Put Gold to Work for Economy: WGC

Mumbai: Gold should be put to work for the Indian economy, creating jobs, developing skills, generating exports and revenues, the World Gold Council (WGC) said on Saturday unveiling its Vision 2020 for the industry, reports The Times of India. “Our vision for gold is that it should be put to work for the economy, creating jobs, developing skills, generating exports

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Workshop on Enameling by IIGJ

Mumbai: The Indian Institute of Gems & Jewellery Tardeo, Mumbai, (IIGJ) recently organized a ‘Workshop on Enameling’ by Mr. Kana Lomror which was well attended. The institute now proposes to organize another full day workshop on Enameling on 11th October 2014, a News Release from the Institute says. IIGJ Tardeo participates actively in Career Fairs. The institute motivates artistic and

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De Beers Investing Billions in Business

Gaborone: Diamond mining and manufacturing company De Beers Group is making major investments in its business operations as diamond demand is expected to almost outstrip growth in diamond carat production in the next ten years, given the lack of new discoveries in the last decade, reports miningweekly.com. Industry analyst Goldman Sachs indicates that diamond demand is expected to expand at

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Diamantaires Demand EDI Facility at SHB

Surat: Diamantiares in the world’s biggest diamond cutting and polishing centre in Surat have demanded the Electronic Data Interchange (EDI) facility at the Surat Hira Bourse (SHB) customs house for the hassle-free export and fast reimbursement of duty draw back, reports The Times of India. Recently, an industry delegation led by the Gem and Jewellery Export Promotion Council (GJEPC) represented

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Aurostar Joins NDC’s Select Stalwart Partners

Mumbai: The Natural Diamond Council (NDC), a leading advocate for the integrity and positive impact of the diamond industry, announced a new partnership with Aurostar today. This collaboration unites two industry leaders with a shared vision for a sustainable future.  Aurostar is a globally recognized diamond manufacturer and builds on a legacy that started in 1966. It is helmed by

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GJEPC Explores Growth Opportunities in Latin America

Mumbai: The Gem and Jewellery Export Promotion Council (GJEPC) has organised a Latin American delegation visit from 21st to 29th May 2024. The delegation will tour Brazil (São Paulo and Rio de Janeiro), Colombia (Bogotá), and Panama (Panama City). The visit aims to explore markets to boost India’s exports in the Latin American and Caribbean (LAC) region. Led by Mr.

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PGI Creates Jewellery Demand that Otherwise would not Exist

Hong Kong: Creating an ounce of demand in platinum jewellery requires deliberate actions that can incorporate various differences along the product journey, according to the latest insights from the 2024 Platinum Jewellery Business Review by Platinum Guild International (PGI), the global marketing organisation dedicated to creating and strengthening the market for platinum jewellery. “Driving sales and value for platinum jewellery

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WDC Welcomes Support for Listing Countries of Mining Origin on KP Certificates

Dubai: The World Diamond Council (WDC) concluded the 2024 Kimberley Process (KP) Intersessional with a renewed commitment to ethical practices, transparency and industry reform. The event, hosted by the United Arab Emirates, brought together key stakeholders to discuss the future of the diamond industry under the theme, “Year of Delivery.” In her closing remarks, WDC President Feriel Zerouki honored the late

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