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

Read More »

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

Read More »

Top News

“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

Read More »

New Device Grades Fancy Colored Diamonds

London: A new device can color-grade both fancy colored diamonds as well as diamonds with secondary hues, says a release from manufacturer ImaGem. The device uses data from thousands of samples to derive its grades for fancy colored stones, says Dr. Lalit K. Aggarwal, chairman of ImaGem, which manufactures the device. The device, called the GL3200, can “identify which stones

Read More »

WDC Warns against Trading Diamonds with CAR

New York: The World Diamond Council has issued a warning that, despite the Administrative Decision of the Kimberley Process of May 23, 2013, which ordered the temporary suspension of trading in diamonds from the Central African Republic (CAR), production of diamonds in that country is continuing and there is evidence of diamonds from the CAR reaching the markets. The WDC

Read More »

Entries Invited for Artisan Awards

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has been recognizing and rewarding the best in jewellery design. The Artisan celebrates the highest levels of artistry, innovation and individuality, elevating jewellery designers to their rightful status of artists. The Artisan jewellery Design Awards 2014 invites India’s finest jewellery designers to push their design boundaries and reveal their utmost creativity

Read More »

GJC Making India a Jewellery Tourism HUB

Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex trade body that unites manufacturers, wholesalers, retailers and exporters, announced today that it is organising the India Jewellery Shopping Festival (IJSF), the first its kind in the world, to uplift the business scenario across the industry. IDT Gemmological Laboratories Worldwide is the Title sponsor and Divine Solitaires is the

Read More »

Registrations Open for CIBJO Congress

Jaipur: CIBJO’s 2023 annual congress will take place in in Jaipur, in the Indian State of Rajasthan, from October 3 to October 5. Pre-congress meetings will be held on October 1 and 2. The hosts of the congress is the Gem & Jewellery Export Promotion Council (GJEPC) and the co-host is the National Gem & Jewellery Council of India (NGJCI).

Read More »

KP’s Diversity Should be Source of Strength

Victoria Falls: In her first speech to the Kimberley Process as President of the World Diamond Council, Feriel Zerouki has stressed that the diversity of opinion and background of the KP’s members – Participants and Observers alike – should be considered not a deficiency but rather a source of strength. She was speaking during the Opening Session of the organization’s

Read More »

Branded Collections Drive Growth of Platinum Jewellery

Mumbai: As jewellery industry trends continue to evolve, branded jewellery is expected to be a major growth engine in the coming years. Effective branding builds strong consumer relevance and connectivity, which younger consumers appreciate, according to the latest insights from the 2023 Platinum Jewellery Business Review, organised in London by Platinum Guild International (PGI), the global marketing organisation dedicated to

Read More »

Latest Videos