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

Read More »

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

Read More »

Top News

About 200 Tonne Gold may Enter India Illegally

New Delhi: The World Gold Council (WGC) speculates that out of India’s total gold import demand in 2014, almost 20 per cent would be served through the grey market. “The total demand in 2014 is estimated to be between 850-950 tonnes, out of which upwards of 200 tonnes is likely to be served by the grey market,” said Somasundaram PR,

Read More »

ALROSA Mulls Partnering with Jewelers

Moscow: ALROSA is considering the option of attracting renowned jewelry producers as strategic partners for its cutting and polishing facilities, the company reported. The announcement followed an executive committee meeting which looked at prospects for the development of its cutting and polishing business. The company did not specify which strategic partners in the diamond sector it was considering. However, ALROSA’s

Read More »

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

Read More »

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

Read More »

Bharat Diamond Bourse Firefighters Glitter

Mumbai: This year’s All India Fire Service Sports & Fire Service Meet witnessed a blaze of talent from the Bharat Diamond Bourse (BDB) Department of Security & Fire Safety. Held from February 1st to 4th at Gujarat University, Ahmedabad, the event saw 850 firefighters push their limits in various sports and fire drills. The meet kicked off with a Grand

Read More »

Gemfields Collaborates with House of Meraki

London: The House of Meraki x Gemfields fine jewellery collaboration is now available for purchase on Net-a-Porter, including exclusive pieces available only on the Net-a-Porter platform. The dazzling new drop of pieces, which has just gone live on the site, is a symphony of rings, bracelets, earrings and necklaces, reflecting House of Meraki’s marriage of modern and traditional influences and

Read More »

PGI CEO Huw Daniel to Retire

New York: Platinum Guild International (PGI), the jewellery industry’s authority on the world’s most precious metal, has announced that its longtime chief executive, Huw Daniel, will retire at the end of March, after twenty one years with the organization. Originally from Wales, Mr. Daniel spent a large portion of his career in advertising, working in both Europe and Asia, for

Read More »

Artisan Awards 2024 on 12-13 Feb

Mumbai: Come and fall in love with Design once again this Valentine’s Day! The Year’s biggest Wearable Artworks & Crafts Design Fest will be celebrated at The Gem & Jewellery Export Promotion Council’s Artisan Design Jewellery Awards 2024 on 12-13 February at the Ice Factory, Ballard Estate in South Mumbai. Among many design themes, ‘Jewellery as Art’ will take centre-stage

Read More »

Latest Videos