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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Surat to Get De Beers' 1st Research Institute

Surat: With the diamond consumers in the country accounting for the third largest share in the global polished diamond demand, a fiery competition is all set to start in the diamond certification business, reports The Times of India. De Beers, the world’s biggest mining company, has zeroed in on Surat to set up its International Institute of Diamond Grading and

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De Beers Briefs NY Banking Community

New York: Rough diamond supplies are likely to plateau by 2020 and then significantly decline during the following decade, according to Howard Davies, the head of commercial development for De Beers, who briefed members of the New York banking community recently about fundamentals affecting the state of the diamond market. Estimated global rough production, according to De Beers projections, will

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DDC, IDE Create 'Diamond Supply Platform'

New York: The Diamond Dealers Club (DDC) of New York and the Israel Diamond Exchange (IDE) are creating an unparalleled “Diamond Supply Platform” on the trading floor of the DDC, at a time that North American diamond buyers need it most, DDC’s president, Reuven Kaufman, and IDE’s president, Shmuel Schnitzer, said in a joint statement recently. The two pledged to

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Gem-A Confirms Two New Conference Speakers

London: The Gemmological Association of Great Britain (Gem-A)) has announced two new extra-special speakers for the Gem-A Conference 2014 from 1 – 4 November at the Business Design Centre in Islington. Joining the confirmed group of 13 top-international speakers, world-renowned specialist Dr Franz Herzog will run two exclusive workshops on Chemical Analysis using a portable Energy Dispersive X-Ray Fluorescence device

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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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