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

Read More »

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

Read More »

Top News

KP Wants Firm Action on CAR Conflict Diamond Trade

Shanghai: Kimberley Process Certification Scheme members are upset by reports that conflict diamonds being extracted in the Central African Republic and are finding their way into the legitimate global diamond trade. After an inter-sessional meeting in Shanghai in June, the KPCS resolved to take action to stem the spillover of diamonds from the CAR, Israelidiamond.co.il reported. The KPCS determined that

Read More »

Alrosa Diamonds Evade EU Sanctions

Moscow: Diamantaires in Russia and beyond were relieved to learn that Alrosa was not on the list of firms that the European Union has decided to slap sanctions on, JCK Online reports. In recent weeks, some diamond industry players worried that the Russian state-owned firm would be hit by trade restrictions, but these fears did not materialize. The sanctions were

Read More »

Retailers Liable for Undisclosed Synthetics They Sell

New York: If a retailer sells a lab-grown diamond without disclosing its origin, it bears legal responsibility for that, even if that fact was not disclosed to the retailer, Jewelers Vigilance Committee president and CEO Cecilia Gardner said at a JA New York panel on synthetic diamonds on July 28, sponsored by the Natural Color Diamond Association (NCDIA). “A retailer

Read More »

GJEPC to Design Sustained Marketing Campaign

Mumbai: Mr. Vipul Shah, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) said in an exclusive interview given to Mr. Suresh Chotai, editor of gems2jewellery.com that the Council has designed a sustained marketing campaign that would directly address the need faced by India and other emerging consumer markets. The promotion is aimed at boosting confidence in diamonds and

Read More »

Platinum Jewellery Shines at Golden Globe Awards

Mumbai: The 2024 awards show season kicked off in high gear with Hollywood’s most notable celebrities opting for a stunning array of jewellery designs set in platinum at the 81st Annual Golden Globe Awards. The luxurious and timeless metal is the perfect fit to complement couture dresses and custom suits. Overall, there was a return to classic Hollywood glamour with sophisticated

Read More »

India Gold & Jewellery Summit 2024

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council (WGC) has organized ‘India Gold & Jewellery Summit 2024’ in New Delhi’s Bharat Mandapam on 23rd & 24th January 2024. India’s Minister for Commerce & Industry Mr. Piyush Goyal is expected to be the Chief Guest of the event. The two-day will be

Read More »

DMIA to Launch Diamond Screening & Verification Lab

New York: The Diamond Manufacturers & Importers Association of America (DMIA) will hold a special member meeting to announce the launch and opening of the DMIA Diamond Screening and Verification Laboratory and the collaboration between DMIA and the International Gemological Institute (IGI) to develop a same-day diamond verification service. The event will be held at 12:00 noon on Wednesday, January

Read More »

Devendra Fadnavis Inaugurated Signature & IGJME

Mumbai: Gems & jewellery industry belongs to Mumbai as Mumbai accounts for 72% of the annual USD 37 bn of exports, proclaimed Dr. Devendra Fadnavis, Hon. Dy. Chief Minister of Maharashtra, while inaugurating the largest-ever IIJS Signature & IGJME 2024 twin Exhibitions organised by the Gem & Jewellery Export Promotion Council (GJEPC) at the Bombay Exhibition Centre, NESCO Goregaon. For

Read More »

Latest Videos