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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Antwerp to Mark 30 Years of Ties with Shanghai

Antwerp: Antwerp’s two major export industries, diamonds and designer wear, are joining forces to celebrate the 30th anniversary of the ties between the city and Shanghai. The Antwerp World Diamond Centre (AWDC) and BVBA 32, the financial force behind fashion designers Ann Demeulemeester, Haider Ackermann and Jean-Paul Lespagnard, will be organizing an exclusive diamond evening with a fashion show in

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Diamond Circle Launches First Bitcoin ATM

Brisbane: Bitcoin ATM maker Diamond Circle has installed its first kiosk at a cafe in Queensland, Australia. The new unit is located at the Bluff Cafe at Burleigh Heights, by the Gold Coast’s Surfers Paradise. The company describes its machine, unveiled earlier this year, as the first “cashless bitcoin ATM” kiosk to hit the market. The Diamond Circle ATM works

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Gold Smuggling into India Hits New Record Highs

Mumbai: Customs officials at India’s main airports are failing to curb the increasing number of gold smuggling cases, as about 50 tonnes of the precious metal reportedly made it into the country only in the past 10 days. According to a report in the Hindustan Times earlier this week, the peak is tied to the seasonal increased demand related to

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India’s Two Biggest Diamonds to Be Auctioned

Bhopal: National Mineral Development Corporation (NMDC) of India may take two of its biggest ever diamonds, produced from Panna mines in Madhya Pradesh, for auction in Belgium after having failed to get potential buyers despite repeated attempts, reports The Times of India. Last auction was held in Panna district, which concluded on Wednesday. Panna diamonds – a 37.68 carat and

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SAJEX: a Catalyst for Enhancing Bilateral Relations

Jeddah: Saudi Arabia presents significant opportunities for the Indian gem and jewellery (G&J) market, and SAJEX serves not merely as an exhibition, but as a vital catalyst for enhancing bilateral relations and creating shared value for both economies. GJEPC aspires for this event to gain widespread recognition and to become a staple on Jeddah’s event calendar, thereby stimulating the local

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New Export Opportunities for India’s G&J in Saudi Arabia

Jeddah: The Saudi Arabia Jewellery Exposition (SAJEX 2025), the first-ever dedicated B2B gems and jewellery (G&J) exhibition in the Kingdom, was inaugurated yesterday at the iconic Jeddah Superdome. Organized by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of the Ministry of Commerce & Industry, Government of India, the Embassy of India in Riyadh, and the Consulate

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IFJA, a Design School for Jewellery Launched

Milan: The International Fine Jewellery Academy (IFJA), a jewellery craftsmanship and design school that will be based in Milan, Italy, was officially launched on September 6, during a presentation about the new institution that was a highlight of the CIBJO seminar series at the September 2025 edition VICENZAORO jewellery show in Vicenza. As described by its founders, the International Fine

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BDB Shines at Secure India Summit 2025

New Delhi: The Bharat Diamond Bourse (BDB) has been shortlisted and ultimately crowned the Winner of the Safe and Secure Corporate of the Year 2025 Award.  The event was organized by the Times Group at the inaugural ‘Secure India Summit 2025’ at the iconic Bharat Mandapam, New Delhi. This incredible achievement underscores BDB’s unwavering commitment to maintaining the highest standards

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