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

De Beers Revenue +15% to $4B

Gaborone: Anglo American’s group underlying earnings rose 3 percent to $1.284 billion for the first half that ended on June 30 and De Beers contribution of $469 million reflected an increase of 59 percent. The second greatest contribution to Anglo’s profit, of $443 million, came from the iron ore and manganese unit. Anglo’s profit attributable to shareholders jumped 263 percent

Read More »

India’s Rough Imports Inceased by 16.19%

Mumbai: India’s cut & polished diamond exports for month of June 2014 has registered $1,469 million (2,695,000 carats), showing a decrease of 0.66 percent against $1,478.81 million (2,806,000 carats) during June 2013, according to the provisional figures announced by the Gem & Jewellery Export Promotion Council (GJEPC) of India. For the period of April 2014 to June 2014 too, cut

Read More »

3 Carat Synthetic Largest-Ever Grown Gem

New York: Pure Grown, the man-made diamond company formerly known as Gemesis, is selling a 3 ct. K SI stone­—which it calls the largest colorless diamond ever produced by nonnatural means, reports jckonline. Lisa Bissell, the Fabrikant veteran recently appointed president and CEO of the company, says that she has every intention of selling the gem, which has a report

Read More »

Zimbabwe Imposes Embargo on Rough Export

Harare: The Zimbabwean government has reportedly banned the export of rough diamonds to ensure the country realises maximum value for its gems. NewsDay quoted Mines and Mining Development minister Walter Chidhakwa as saying that the issue was extensively discussed and Cabinet agreed and directed that “we implement the new institutional programme”. He said Harare had recognized that it was “not

Read More »

Celebrate Valentine’s Day with Platinum Days of Love

Mumbai: What better way to celebrate the spirit of love than with the metal that embodies rarity, purity and preciousness – platinum? This Valentine’s Day, immerse yourself in the essence of love with a metal that’s an eternal symbol of commitment. Few things spell love and thoughtfulness like platinum jewellery. Whether you decide to celebrate a special milestone in your

Read More »

GJEPC Signs MoU for Mumbai Jewellery Park

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) and the Government of Maharashtra marked a significant milestone recently with the official signing of a Memorandum of Understanding (MoU) during the World Economic Forum 2024. The agreement has paved the way for the development of India’s first and largest Jewellery Park in Navi Mumbai. The MoU was signed by Hon’ble

Read More »

GJEPC Rcommands Budget Proposals to Govt.

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), representing the country’s global gem & jewellery trade, has proposed several recommendations to the Government ahead of the upcoming budget. India’s gem and jewellery industry heavily relies on imports for its raw materials, including gold, diamonds, silver, and colored gemstones. These materials are brought into the country and undergo either cutting

Read More »

Tanishq Presents ‘Festival of Diamonds’

Mumbai: India’s jewellery retail brand Tanishq from the house of Tata, extends invitation to celebrate life’s little moments with the enchanting Festival of Diamonds. Breaking away from the wait for significant milestones, Tanishq welcomes you to embrace the magic now, adorned with the timeless allure of diamonds. The Festival of Diamonds displays an extensive range of diamond jewellery pieces, the

Read More »

Latest Videos