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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Japan’s First Lady Visits Rio Tinto’s Pink Diamonds

Perth: Rio Tinto’s iconic Argyle pink diamonds were part of the inaugural visit to Western Australia by Japan’s First Lady Mrs. Akie Abe at the invitation of the Western Australian Government. The 2014 Argyle Pink Diamonds Tender collection, comprising around 50 of the rarest and most valuable pink diamonds in the world, were showcased in an exclusive preview for Mrs.

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Forevermark Expands to UK and Ireland

London: Forevermark, the diamond brand from De Beers Group of Companies announced yesterday it will be expanding into the United Kingdom and Ireland this autumn. Crossworks Manufacturing Ltd. has been appointed as the only licensee partner and will be working with a select number of retailers to bring Forevermark diamonds to the region. Forevermark CEO Stephen Lussier comments, “London is

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Gaetano Cavalieri Addresses ECOSOC

Milan: CIBJO President Gaetano Cavalieri has addressed the High Level Segment of the UN Economic and Social Council in New York, and in his presentation stressed the commitment of both CIBJO and the international jewellery sector to assisting the United Nations meet its development goals. Dr. Cavalieri was addressing the annual keynote gathering of the UN agency as the head

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5th Edition of IIJW Inaugurated in Mumbai

Mumbai: After completion of four successful years, the 5th edition of India International Jewellery Week, popularly known as IIJW, was inaugurated this morning in Mumbai by Mrs. Rashmi Thackeray. Present at the inauguration were Mr. Vipul Shah, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), Mr. Pankaj Parekh, Vice Chairman of GJEPC and other degnitories. Conceived and conceptualized

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PGI Men of Platinum Launches New Campaign

Mumbai: There are a few men who show self-belief and display immense courage when faced with challenging situations. These are men who always stay true to their values no matter what. In doing so, these men of character inspire those around them. The cricket pitch too is a place that tests the character of many, including the icons we love.

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De Beers' 8th Cycle Worth $500 Mln.

Gaborone: De Beers said its eighth sight held from 19th September to 4th October witnessed rough diamond sales of $500 million, an increase of 1.62% on a year-on-year basis, but down 22% versus the preceding seventh sight of 2022. Mr. Bruce Cleaver, CEO, De Beers Group, said, “Demand for our rough diamonds during sales cycle 8 was in line with

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GJEPC Holds Awareness Drive at District Conclave

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) presented a brief overview of the Council’s various schemes and the possible avenues for growth in the gem & jewellery sector at the District Conclave on ‘Investment Promotion, Export, Ease Of Doing Business, and One District One Product’ organised by the Industries Dept., Directorate of Industries in association with Small Industries

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Orders Worth ₹49407 Cr. Placed at IIJS Premiere 2022

Mumbai: The 38th edition of IIJS Premiere held in Mumbai from 4th to 8th August 2022, was highly successful in driving sales and fulfilling the expectations & objectives of 1790 exhibitors and 50,000 domestic & international visitors, according to an exhaustive research survey conducted by Hansa Research, a consumer insights and analytics agency, commissioned by GJEPC. The survey, which measured

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