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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Aditi Tatkare Inaugurates InnovNXT 40 Under 40

Mumbai: The future of India’s gem and jewellery industry came alive at the launch of InnovNXT 40 Under 40 in Mumbai on 25th June 2025 — a dynamic initiative by the Gem & Jewellery Export Promotion Council (GJEPC), the apex body for the gem and Jewellery industry in India, aimed at recognising and empowering its next generation of leaders. With

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Candere Unveils New Store in Panvel

Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers, has further expanded its presence in Mumbai with the launch of its 7th store in the city, located in Panvel, Navi Mumbai. With this addition, Candere now operates 77 stores across India, reflecting its commitment to bringing distinctive jewellery collections to a wider audience in the region. This expansion marks a

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GJEPC Organizes INNOVNXT 40 UNDER 40

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organized INNOVNXT 40 UNDER 40 SESSION on 25th June. It is an initiative by GJEPC to recognize and celebrate 40 young innovators in the jewelry industry, under the age of 40, who are driving growth through new-age marketing techniques and adaptability. The program aims to foster industry growth by equipping the

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WFDB Praises Luanda Accord to Support Natural Diamonds

Antwerp: The World Federation of Diamond Bourses expressed full support for the Luanda Accord, the agreement reached last week among major diamond-producing countries and trading centers to fund the promotion of natural diamonds, in a meeting in Luanda, Angola. All the signing parties have agreed to contribute 1% of the annual revenue they generate from rough diamonds to the Natural Diamond

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WFDB Exco Meeting and Asia Summit Ended

Shanghai: The World Federation of Diamond Bourses (WFDB) Executive Committee (Exco) Meeting and Asia-Pacific Presidents’ Summit held in Shanghai on March 9 and 10 have ended after two days of intensive discussions on a range of crucial issues affecting the global diamond industry. Regional WFDB presidents, along with WFDB President Ernie Blom, were hosted by the Shanghai Diamond Exchange. Among

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WDMF Lauds Miners for Coming Together

Hong Kong: The World Diamond Mark Foundation (WDMF) was very pleased with the outcome of the meeting held by a number of the major producers – as reported by Bloomberg – who gathered in London to discuss diamond marketing, industry research and the threat to consumer confidence from undisclosed synthetic stones entering the market. Reportedly, the meeting was attended by

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Pure Gold Jewellers Investing $25 Miln in GIFT City

Dubai: Dubai-based Pure Gold Jewellers recently announced its plans to invest $25 million in the Gujarat International Finance Tec-City (GIFT) City project, which will create the first global financial hub in India. GIFT City is a 50:50 joint venture between the Gujarat Urban Development Company Limited (GUDCL) and Infrastructure Leasing and Financial Services (IL & FS) Limited. The project was

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Argyle Pink Diamond Coin Released

Perth: The Perth Mint has released a 2oz pink gold coin featuring a hand-set pink diamond from the Argyle diamond mine. The limited-edition Kimberley Sunset coin, created in association with Rio Tinto, is being sold for AU$8,000 ($6,253). The small diamond in each coin is sized between 0.035 and 0.045 carats. The reverse side of the coin depicts a boab

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