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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Zimbabwe Eyes More Antwerp Diamond Auctions

Harare: Zimbabwe is set to conduct diamond auctions in Antwerp, Belgium, before it convenes its own domestic exchange in November this year. The Herald newspaper quoted mines and mining development minister Walter Chidhakwa as saying that Harare was looking at one or two auctions in Antwerp   between now and November. He also said that the planned local auction would coincide

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India's Silver Demand Down by 75%

Mumbai: The demand for Silver in India has fallen rapidly since the start of the current fiscal year, said Indian Bullion and Jewellers Association (IBJA) in its latest report. The association cites scarce monsoon and buoyant stock markets as the key factors that led to the sudden drop in demand for Silver in the country, reports metal.com. The country’s silver

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Grib Diamonds NV to Auction First Production in Antwerp

Antwerp: Grib Diamonds NV, a 100% owned subsidiary of OAO LUKOIL, announced that on September 23, 2014, it will hold a first auction of rough diamonds from the diamond mine named after V. Grib in Arkhangelsk region (Russian Federation), according to a press release issued by the Company. Grib Diamonds will hold diamond viewings from September 15, 2014, in Antwerp,

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Air India Conducts Survey in Surat

Surat: The Air India (AI) has started a fresh survey to assess passenger traffic potential from Surat towards Mumbai, Delhi and Bangalore, reports The Times Of India. A team of AI officials led by general manager Mukesh Bhatia was in the city to meet members of trade and commerce, Surat Diamond Association (SDA), Southern Gujarat Chamber of Commerce and Industry

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Diwali Edition of GJS Opens in Mumbai

Mumbai: The India Gem & Jewellery Show (GJS2025) – Diwali Edition officially opened yesterday with a grand inauguration ceremony at the Jio World Convention Centre, Mumbai. The prestigious event was inaugurated by Chief Minister of Maharashtra, Mr. Devendra Fadnavis who attended the #HamaraApnaShow as Chief Guest, marking a proud moment for the Indian gem and jewellery industry. Also graced by

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Augmont Receives Promising Gold Bullion Refiner Award

Mumbai: Augmont Enterprises Ltd., one of India’s established gold platforms, has been recognized with the prestigious “Promising Gold Bullion Refiner (All India)” award at the India Gold Conference (IGC) 2025. This recognition reflects the company’s role in contributing to the evolving bullion industry. At the conference, Mr. Ketan Kothari, Director at Augmont, was presented with the IGC Excellence Award 2025:

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Take Blood Donation Pledge on Jeweller’s Day

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is calling upon every citizen to take a Blood Donation Pledge on Jeweller’s Day and actively participate in blood donation drives that will follow, in honour of the skilled craftsmen who are the backbone of India’s gem and jewellery industry. This initiative reflects the industry’s deep commitment to social responsibility and

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Elton John Reveals Golden Moments of His Life

Mumbai: The World Gold Council (WGC) has unveiled a new documentary, ‘Touched by Gold’, a powerful exploration of gold’s enduring influence on culture, creativity, and society, told through the voice and life stories of Elton John. Touched by Gold charts his pervasive connection to gold, granting audiences an exclusive look at his personal archive and revealing the intimate ways gold

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