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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Top News

DDC to Host Third Edition of IDW in New York

Ramat Gan: The Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC) will hold the third edition of the Israel Diamond Week in New York November 10-13, 2014, on the trading floor of the Diamond Dealers Club of New York, which is located on 580 Fifth Avenue in midtown Manhattan. The annual event is a joint

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KP Commission to Strengthen Diamond Industry

Luanda: The Kimberly Process Commission will strengthen the diamond industry in 2015 and face with more responsibility the challenge of sustainability in favour of the future generations. This was announced Thursday in Luanda by Kimberly Process Certification System official, Estanislau Buio. The official was speaking about Angola’s presidency of the Kimberly Process, during the 3rd Consultative Council of the Ministry

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Antwerp Diamond Pavilion Expands at HK Show

Antwerp: From 15 September to 19 September, Antwerp World Diamond Center (AWDC) will again participate at the Hong Kong International Jewellery Show. The Antwerp Diamond Pavilion at this fair keeps expanding every year. With three additional companies coming on board, no less than 99 Antwerp diamond companies will be exhibiting their goods. The Hong Kong Jewellery and Gem Fair in

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Alternate Venue for SDB Proposed

Surat: Faced with criticism and agitation by farmers and NGOs crusading for green environment in the city, diamond barons, who were lobbying with the state government for 2 lakh square metre of Navsari Agriculture University (NAU) land at Ghod Dod Road for the proposed Surat Diamond Bourse (SDB), have now decided to back off, reports The Times of India. They

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Botswana President to Headline WFDB Meeting

New York: The World Federation of Diamond Bourses (WFDB) Presidents’ Meeting, June 10–11 in New York, will feature an illustrious list of speakers, led by Botswana President Duma Boko and U.S. Secretary of Commerce Howard Lutnick and including Angolan Minister of Mineral Resources, Petroleum, and Gas Diamantino Azevedo and Botswana Minister of Minerals and Energy Bogolo Kenewendo. The meeting, which

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Platinum Love Bands Unveils ‘Wedding Edition’

Mumbai: As the summer wedding season reaches its vibrant peak, Platinum Love Bands unveils ‘The Wedding Edition’, a thoughtfully curated collection of couple bands designed to mark a once-in-a-lifetime love story. Rooted in the insight that real commitment comes from emotional clarity, these platinum bands are more than symbols — they are promises. Crafted in 95% pure platinum – Platinum

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Civil Society Questions the “Breakthrough”

Dubai: The Kimberley Process Civil Society Coalition (KP CSC) attended the Kimberley Process (KP) intersessional meeting in Dubai from 12–16 May. Statements made at the close of the meeting declared a breakthrough in the long-standing debate over revising the KP’s notoriously narrow definition of conflict diamonds. From the KP CSC’s perspective, it is unclear where such a breakthrough occurred—unless the

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Gemfields Showcases 36 Ct. Ruby at June 2025 Auction

London: Gemfields will offer a broader range of secondary-type material at its forthcoming mixed-quality ruby auction in June 2025. The auction will include rubies recovered from a newer section of its Mozambican mine that has not previously been represented at auction in meaningful quantities and with a notable 36-carat ruby forming part of the offering. The gems, from the newer

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