Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

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Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors

Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly

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Stage is Set for Platinum BSM in Kochi

Mumbai: All roads now lead to the Platinum Guild International (PGI) – India’s 8th annual flagship event, the Platinum Buyer-Seller Meet (BSM). Scheduled to take place on June26th and 27th, 2025, in Kochi, this marquee industry event will bring together leading retail and manufacturing partners across India’s platinum jewellery industry to showcase innovation, foster strategic partnerships, and drive category growth in a dynamic

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Endiama, Sodiam Join Natural Diamond Council

Mumbai: Angola’s two leading state-owned diamond institutions, ENDIAMA E.P. and SODIAM E.P., have formally announced their joint commitment to generic category marketing by joining the Natural Diamond Council (NDC) as contributing members, effective July 1, 2025. As the third-largest global producer of natural diamonds and one of the most promising in terms of future deposit discoveries, Angola continues to strengthen

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GJEPC Champions Diamond Sustainability at Russia Forum

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) made a strong statement on diamond sustainability and global collaboration at the 28th St. Petersburg International Economic Forum (SPIEF) held in Russia on 19 June. Representing India at the forum were Mr. Kirit Bhansali, Chairman, GJEPC; and Mr. Ajesh Mehta, Convener, Diamond Panel, GJEPC. The GJEPC delegation also met Mr. Pavel

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HRD Ceases Certifying Synthetic Diamonds

Antwerp: HRD Antwerp, the Antwerp-based diamond laboratory and subsidiary of the Antwerp World Diamond Centre (AWDC), has announced that it will cease certifying synthetic diamonds. With this decision, HRD becomes the first and only diamond lab in the world to focus exclusively on natural diamonds. The move reaffirms Antwerp’s role as the international hub for natural diamond trading and marks

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Gold Smuggling Arrests Jump 750% YoY in India

Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have

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