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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NDC Unveils Fancy Color Diamond Report

Paris: The Natural Diamond Council (NDC), in partnership with Choron Group and the Fancy Color Research Foundation (FCRF), has unveiled a groundbreaking report celebrating fancy colour diamonds. Released to coincide with Paris Couture Week, the Fancy Colour Diamond Report casts a global spotlight on these exceptionally rare and natural gems. This is the first comprehensive report of its kind, offering

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Platinum BSM Ignites Fresh Momentum for India’s Jewellery Market

Kochi: Platinum Guild International (PGI) India recently concluded the 2025 edition of its annual Platinum Buyer-Seller Meet (BSM) on a high note in Kochi, bringing together leading industry voices right from key manufacturers to major jewellery retail partners from across the country. The event continued its legacy as a key platform for platinum jewellery manufacturers and retailers to collaborate on

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GJEPC Proposes Sector Priorities to Piyush Goyal

New Delhi: Mr. Kirit Bhansali, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC), along with Mr. Sabyasachi Ray, Executive Director, GJEPC, met Union Commerce & Industry Minister Mr. Piyush Goyal on 30th June during an interactive meeting with Export Promotion Councils and industry associations at Vanijya Bhawan, New Delhi. The GJEPC delegation highlighted several critical policy concerns and

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GJEPC Participated in Mega MSME Sammelan

Lucknow: India’s Gem & Jewellery Export Promotion Council (GJEPC) participated in the Mega MSME Sammelan 2025, organised by ASSOCHAM in Lucknow on 26-27 June to mark MSME Day. The event celebrated the contributions of MSMEs to India’s economy and exports and explored ways to strengthen their growth. Mr. Antarpal Singh Sawhney, Regional Chairman (North), GJEPC, addressed the gathering, highlighting the

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Focus on Expanding Definition of Conflict Diamonds: Feriel Zerouki

Dubai: In a keynote address at the opening of the Kimberley Process (KP) Intersessional meeting, Feriel Zerouki, President of the World Diamond Council (WDC), urged participants to focus on expanding the definition of conflict diamonds, while recognizing the vital role of industry efforts to strengthen and complement the KP framework. “Expanding the definition of conflict diamonds is at the heart

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SAJEX to Open New Horizens for GJ Industry

Riyadh: The Saudi Arabia Jewellery Expo (SAJEX) 2025, organised by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to be a landmark event for Indian jewellery manufacturers looking to tap into the lucrative and largely untapped Saudi Arabian market. With a focus on strengthening trade relations between India and Saudi Arabia, SAJEX offers a unique platform for exhibitors

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Kagem to Resume Focused Open-Pit Mining

London: Gemfields has recently announced that its Kagem emerald mine in Zambia will recommence focused open-pit mining to enhance the recovery of premium emeralds. Following a strategic suspension of all mining activities announced on 23 December 2024, Kagem shifted its focus to processing ore from its stockpile. While 2025 emerald production has met carat recovery expectations, the proportion of higher-quality

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Platinum Jewellery Sales Grew 15% on Akshay Tritiya

Mumbai: On Akshaya Tritiya 2025, despite high gold prices, overall gold and silver sales in India reached a significant ₹16,000 crore, with gold jewelry and related items contributing around ₹12,000 crore. While sales volumes saw a dip due to the price increase, the total value of sales remained strong. Gold prices were near peak levels during Akshaya Tritiya 2025, leading

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