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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Gemfields Records $16M Profit

London: Gemfields plc. reported that revenue rose to $160.1 million for the fiscal year that ended on June 30, far surpassing revenue of $48.4 million one year earlier. The integrated gemstone mining company’s profit surged to $16.3 million compared with a loss of $22.8 million. Gemfields held cash of $36.8 million on June 30 and it estimated that inventory on

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Zac Posen & Fabrikant-Tara Int'l Sign Partnership

Mumbai: Zac Posen, luxury apparel and accessories brand, and Fabrikant-Tara International, luxury diamond and gemstone wholesale company have announced their partnership to create a new collection of handcrafted fine Jewellery. The collection, scheduled to launch in Fall 2014, will be infused with the signature Zac Posen modern American glamour and detailed craftsmanship that the brand embodies. The collection will focus

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Rio Tinto’s Red & Pink Diamonds Tender in HK

Hong Kong: Rio Tinto’s iconic annual Argyle Pink Diamonds Tender, comprising the best of a year’s production of extremely rare red and pink diamonds, is being hosted in Hong Kong during the final leg of a global showcase tour. Almost the entire world supply of rare pink diamonds comes from Rio Tinto’s Argyle diamond mine in the remote east Kimberley

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De Beers Diamond Jewellers to Begin Campaign

Gaborone: De Beers Diamond Jewellers’ new brand advertising campaign will launch in October 2014. The campaign is a key milestone for the jeweler, which epitomizes natural beauty and brings to life the power and grace of the brand. The campaign features Andreea Diaconu, who was chosen for her natural beauty and elegant charm. Diaconu was photographed for the campaign by

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Sachin Jain Appointed as CEO of WGC

Mumbai: The World Gold Council (WGC) has appointed Mr. Sachin Jain as its new CEO, India, who will take up the role from March 2024. Mr. Sachin joins from De Beers where he has held several senior roles for the past 13 years. As Managing Director of De Beers India, he has led the De Beers Forevermark business in India

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WGC Launches New ‘You are Gold’ Campaign

Mumbai: World Gold Council (WGC) has launched new ‘You are Gold’ multimedia campaign to reinvigorate the relationship of millennials and Gen Z with gold in a meaningful way in India. The campaign introduces a film that embraces a broader audience, presenting gold as an ally for youth, both women and men. The film focuses on highlighting stories of individuals that are getting

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Evara Launches New Campaign: IGotThis

Mumbai: The rise of women’s cricket in our country has been nothing short of inspirational and it offers the perfect platform for Platinum Evara, platinum jewellery aimed at the young woman segment. As a brand that stands for a celebration of womanhood, the rise to prominence of women’s cricket provides an ideal backdrop to bring the brand world alive. Platinum Evara has been

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India Honoured With ‘Partner Country’ Status at Inhorgenta 2025

Mumbai: India’s Gem & Jewellery Promotion Council (GJEPC) and Messe München GmbH, one of the world’s leading trade fair organisers, signed an MoU to announce India as the Partner Country at Inhorgenta 2025. The trade fair, which will take place in Munich, Germany, from February 21 to 24, 2025, will feature a special pavilion dedicated to showcasing Indian jewellery and

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