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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Top News

JCK Show to Remain a Four-Day Format

Las Vegas: JCK Las Vegas will continue as a four-day show, according to an announcement sent out to exhibitors. “While some customers had expressed a desire for JCK to extend to five days, the research simply did not indicate enough interest to justify a fifth day and the costs associated with an extra day,” said a note sent out to

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De Beers Sending AMS Machines to Sightholders

Gaborone: Jonathan Kendall, President of De Beers’ International Institute of Diamond Grading & Research (IIDGR), said the Automated Melee Screening (AMS) instrument is being dispatched to Sightholders across the globe. The first installation and training sessions successfully took place at the end of June with Tasaki and Rosy Blue in Japan. “The focus has now shifted to installing the AMS

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Antwerp Diamond Trade Fair in February 2015

Antwerp: The organizers of the Antwerp Diamond Trade Fair (ADTF) announced the 2015 dates of this unique by-invitation-only international loose diamond trade show. The sixth edition of the ADTF will open its doors on Sunday, February 1st, and close on Tuesday, February 3. The ADTF’s dates are in sync with those of other prestigious jewellery industry events in the region

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Angola Sets 10M Carat Output Target in 2014

Luanda: Angola, the fourth-largest diamond producer in the world, aims to ramp up production this year, setting itself an output target of 10 million carats. “This year we have an ambitious target of 9.5 million carats in production and 550,000 carats in artisanal production, which means we have to produce 10 million carats,” said Angola Geology and Mining Minister Francisco

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17th Edition of IIJS Signature Inaugurated

Mumbai: Mr. Mangal Prabhat Lodha, Minister of Skill Development, Employment, Entrepreneurship & Innovation, Govt. of Maharashtra, inaugurated the 17th edition India International Jewellery Show (IIJS) Signature organized by India’s apex trade body, Gem & Jewellery Export Promotion Council (GJEPC). The inauguration ceremony was also graced by the presence of several esteemed dignitaries, including Guest of Honour Mr. Saurabh Gadgil, Managing Director

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Rajesh Rokde Elected as New Chairman of GJC

Mumbai: Mr. Rajesh Rokde has been elected as the new Chairman and Mr. Avinash Gupta the new Vice Chairman of the All India Gem & Jewellery Domestic Council (GJC), the apex body representing the Indian gem and jewellery industry. This was announced during the council’s first Board Meeting of the COA 2025 – 26 post completion of their COA elections

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Industry Leaders Expect Promising 2025

Mumbai: India’s Gems and Jewellery industry (GJ) experienced significant developments in 2024, navigating market dynamics and emerging stronger by the year-end. As the year concluded we have received feedbacks from some of the industry leaders about the industry’s performance in 2024 and its outlook of the 2025. Mr. Saiyam Mehra (Chairman of the All India Gem and Jewellery Domestic Council,

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Gold Hallmarking Initiative Sees Growth in 2024

New Delhi: India’s Department of Consumer Affairs (DCA) announced a successful year for its hallmarking initiatives, with increased registrations and a wider reach for consumers. In its 2024 year-end review, the DCA highlighted significant progress in ensuring the purity and quality of gold jewellery and artifacts. Between 1st April and 25th November 2024, hallmarking registrations saw a 4% increase, rising

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