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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"Be Sensitive To Festival Dates": WFDB

Antwerp: The World Federation of Diamond Bourses (WFDB) is calling on international trade fair organizers to “be sensitive to dates” when scheduling events so they don’t fall on religious festivals and thus prevent some industry members from taking part. “The fast expanding number of trade shows and exhibitions held across the world has often been scheduled in such a way

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AGS Launches Virtual Guild

New York: The American Gem Society (AGS) has launched a virtual guild, which is open to all members of the trade. The first GoTo Guilds meeting will be a presentation by Peter Yantzer, executive director of AGS Laboratories, on “Light Performance 101,” an in-depth primer on the American Gem Society’s Light Performance Cut Grade on July 8. “Originally, the intention

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Quality Label ‘Antwerp’s Most Brilliant’

Antwerp: The City of Antwerp and the AWDC awarded three additional Antwerp jewelers the quality label ‘Antwerp’s Most Brilliant’, indicating they meet the strictest requirements in terms of quality, service and transparency. Antwerp’s Most Brilliant was launched earlier this year and collects the city’s most qualitative and reliable jewellers, living up to Antwerp’s reputation as a diamond centre of excellence.

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“Please Withdraw Gold Import Curbs…”

New Delhi: Commerce Minister Nirmala Sitharaman said that her ministry has recommended that the finance ministry seriously consider easing import curbs on gold to help the beleaguered gems and jewellery export sector, reports The Economic Times. Speaking to ET, Sitharaman, who is also minister of state for finance, said that while the current account deficit (CAD) crisis had been somewhat

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India’s PM Appeals People Not to Buy Gold

New Delhi: India’s Prime Minister Mr. Narendra Modi has appealed country’s citizens not to buy gold for one year. His may have sounded unusual at first, especially in a country where gold is deeply linked to tradition, savings and family celebrations. But behind the statement lies a larger economic concern: pressure on India’s foreign exchange reserves and the weakening rupee

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WDC ‘A Champion for Natural Diamond Trade’

Antwerp: The World Diamond Council (WDC) is a champion for the natural diamond trade, with the primary objective of building confidence in natural diamonds and helping the trade sell them, according to its incoming President Ronnie VanderLinden. He was speaking at the Annual General Meeting of the WDC, which took place May 7, 2026, in Antwerp, Belgium. Taking office at

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Feriel Zerouki Forced Diamond ind. to Face Itself

Antwerp: Feriel Zerouki forced the diamond industry to confront the questions it had long avoided during her presidency of the World Diamond Council (WDC), a tenure defined by service to those most exposed at the front line of the trade. Taking office at a time of rising scrutiny, tightening regulation and changing consumer expectations, Zerouki placed reform of the Kimberley

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Anoop Mehta Elected as Vice President of WDC

Antwerp: Mr. Ronnie Vanderlinden was elected as the president of World Diamond Council (WDC) and Mr. Anoop Mehta was elected as Vice President of the WDC un-opposed. During the recently held AGM of WDC in Antwerp, Mr. Ronnie Vanderlinden was appointed President of WDC and Mr. Anoop Mehta who is currently serving as the President of Bharat Diamond Bourse (BDB),

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