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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Delhi HC Seeks Govt. Reply in Gold Import Case

New Delhi: In a major setback for the government, the Delhi High Court on Thursday ordered all major departments and ministries of trade and commerce to present files pertaining to the process of decision making which allowed a handful of private star trading houses to import gold, reports Business Standard. Hearing the case filed by Delhi Bullion and Jewellers Welfare

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Anna Martin Joins GIA

New York: Anna Martin, who oversaw diamond and jewelry lending at both Standard Chartered Bank and ABN AMRO, has joined GIA as senior vice president of global development. “Martin will be responsible for broadening and deepening GIA’s relationships with clients and stakeholders and overseeing the Institute’s global beneficiation efforts,” said a statement. She will be based in New York City,

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GII Installs AMS at BDB

Mumbai: Gemological Institue of India (GII) recently inaugurated the Automated Melee Screening (AMS) machine by Mr. Anoop V. Mehta, President, Bharat Diamond Bourse (BDB) and Mr. Arunkumar Mehta, Rosy Blue (India) Pvt. Ltd, installed in the Diamond Detection Resource Center (DDRC) at Bharat Diamond Bourse (BDB) Mumbai. On the occasion, Mr. Vipul Shah, Chairman, GJEPC said, “We are glad to

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Artisan Jewellery Design Awards by GJEPC

Mumbai: The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body of the gem & jewellery industry in India announces ‘The Artisan Jewellery Design Awards 2014’ scheduled in December 2014. Having hosted award and reward programs for the industry over 25 years, GJEPC now invites participation from all established and budding designers across the nation to bring

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Industry Faces New Challenges Now

Milan: With the world finally emerging from the restrictions imposed during the COVID crisis, the jewellery industry is now required to compete without certain of the strategic advantages it had during the pandemic, and this is occurring during a period of economic slowdown in many regions, CIBJO President Gaetano Cavalieri has told the Global Pearl Development Conference in Zhuji, China,

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GJEPC Organized 6th Artisan Awards

Mumbai: In a grand event held in Mumbai, the Gem and Jewellery Export Promotion Council of India (GJEPC) unveiled the winners of the highly anticipated 6th edition of Artisan Awards 2023, the country’s esteemed jewellery design competition. This prestigious event, organized by GJEPC, showcased the exceptional talent and creativity of jewellery designers from across the nation and around the world.

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Slight Decline in Sales of 4th Cycle

Gaborone: De Beers announced that sales of rough diamonds in the fourth sales cycle of 2023 saw a small decrease from the previous cycle. The provisional sales value for Cycle 4 2023 is $480 million, down 11% from $542 million in Cycle 3, and down 21% from Cycle 4 of 2022. Al Cook, CEO, De Beers Group, said: “Sales of

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12th Edition of National Jewellery Awards

Mumbai: All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry, has announced the 12th edition of National Jewellery Awards (NJA). Known for its stand for craft, devotion, and motivation for the industry, NJA is considered to be Industry’s biggest and widest award show that recognizes all sector of the industry and

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