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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KISNA Opens Showroom in Borivali, Mumbai

Mumbai: KISNA Diamond and Gold Jewellery, one of India’s foremost jewellery brands, proudly announces the grand opening of its 82nd exclusive showroom at Sky City Mall, F-02, First Floor, Devipada, Western Express Highway, Borivali. This milestone reinforces KISNA’s commitment to making luxury diamond and gold jewellery more accessible across India, furthering its vision of ‘Har Ghar KISNA.’The prestigious launch event

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David Kellie to Step Down from NDC Post

Mumbai: Mr. David Kellie has announced that he will be stepping down as CEO of the Natural Diamond Council (NDC) by the end of 2025. He has expressed his decision in a post on the Linkedin. The post says, “Following the successful signing of the Luanda Accord committing more diamond producers to provide funding support for the promotion of natural

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De Beers to Relaunch Institute of Diamonds at IIJS

Mumbai: Are you attending the India International Jewellery Show Premiere (IIJS) 2025 this July? If so, make sure to save the date for the De Beers Group ‘Show & Tell’ event being held in partnership with the India Natural Diamond Retailers Alliance (INDRA). India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the IIJS from 30th July to 4th

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NDC Unveils Fancy Color Diamond Report

Paris: The Natural Diamond Council (NDC), in partnership with Choron Group and the Fancy Color Research Foundation (FCRF), has unveiled a groundbreaking report celebrating fancy colour diamonds. Released to coincide with Paris Couture Week, the Fancy Colour Diamond Report casts a global spotlight on these exceptionally rare and natural gems. This is the first comprehensive report of its kind, offering

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When Love is the Feeling, Gift must be Platinum!

Mumbai: When love is intentional, enduring, and deeply felt, it deserves a symbol that reflects its significance. Platinum stands apart as the metal of love – resilient and lasting, naturally white, with jewellery that is uncompromisingly pure. This Valentine’s season, Platinum Love Bands spotlights women’s platinum rings – each designed to convey what makes ‘her’ special…celebrating your love for her, and the woman that she

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India-US Reach Framework for an Interim Agreement

Mumbai: India’s gem& jewellery (G&J) industry is elated by the announcement of zero-duty access for diamonds and coloured gemstones to the US under the Interim Agreement framework — a decisive turning point that breathes new life into the sector. The diamond sector had taken a severe hit over the past year, with India’s cut and polished diamond exports to the

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De Beers Declares 35% Fall in Diamond Production

Mumbai: De Beers Group has reported a big fall of 35% in diamond production for Q4 of 2025, mainly due to maintenance shutdowns at its Jwaneng and Orapa mines. In its Q4 report for the year, the diamond mining major revealed it recovered 3.78 million carats between October and December, down from 5.83 million carats during the same period in

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Maryam Al Hashemi to Steer KP Committee on Participation & Chairmanship

Dubai: DMCC confirmed that Maryam Al Hashemi, Senior Director of Precious Stones and Metals at DMCC and the UAE KP Director, has been appointed Chair of the Kimberley Process (KP) Committee on Participation and Chairmanship (CPC). The CPC is a vital body within the Kimberley Process, responsible for evaluating new participants, reviewing compliance matters, and assessing Vice-Chair candidates. Its recommendations

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