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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GJEPC Launches New Business Development and Marketing Campaign

Las Vegas, 31st May: The Gem & Jewellery Export Promotion Council (GJEPC) of India announced a major, new, multi-level business development campaign at a news conference focused on the U.S., Canadian and South American markets. The purpose of the campaign is to re-invigorate, strengthen and expand GJEPC’s business development efforts and build trusted relationships between India’s key jewelry industry companies

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Overseas Traders Invited to Buy Offices in SDB

Surat, 30th May: After Mumbai, now Surat diamantaires are inviting diamond traders from abroad to set up offices at the proposed Surat Diamond Bourse (SDB) here. Road Shows are being organized at Antwerp, Dubai, Hong Kong, China, UAE and Europe, to impress upon diamond traders to buy office space at the proposed diamond bourse, according to a report in The

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Demand for Indian Gold Jewellery to Rise

Mumbai: India’s gems and jewellery exporters are set to shine brighter than domestic retailers. Positive signs from export destinations such as higher disposable income and consumer spending as well as improvements in consumer confidence is set to support export volumes of gems and jewellery, maintain analysts. An economic recovery is also set to benefit exporters, reports Mineweb.com. Indian exporters are

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IGI Becomes Premier Affiliate Sponsor of NCDIA

New York: The International Gemological Institute (IGI) has joined the Natural Color Diamond Association (NCDIA) as its first premier affiliate member. With an aim to educate consumers and increase global demand and desire for natural color diamonds, NCDIA is a not-for-profit, membership-based organization. Beyond the record-breaking blue and orange diamonds sold recently at auctions, the association has been working to

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India's Policy will Make India Gold Trading Hub: GJEPC

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has been spearheading brainstorming and multi stakeholder discussions at structural policy reforms of India’s bullion sector. It helped the Govt. to understand the opinion of the stakeholders from three previous editions of its annual India Gold & Jewellery Summit (IGJS). In the backdrop of the same, the 4th edition of IGJS

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Russia, Belgium Sign MoU on KP Certificates

Moscow: Russia and Belgium signed a memorandum of understanding (MoU) on the electronic exchange of the Kimberley Process (KP) Certificates. The signing took place on the sidelines of the KP Plenary session, attended by the Federal Customs Service of Russia and the Federal Public Service Economy of Belgium. The memorandum will accelerate the turnover of diamond products between business partners

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KL Rahul Presented "The League of Platinum Men"

Mumbai: Putting the team before personal glory, reaching out to a rival player, being a pillar of strength to a nervous debutant, on the cricket pitch, choices are made at every moment. Choices that don’t just decide the fate of the game, but determine the values and strength of character of the players. These are the moments of truth in every game. They

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CIBJO Releases Special Coral Report

Milan: With the 2021 Virtual CIBJO Congress already underway, the ninth of this year’s CIBJO Special Reports has been released. Prepared by CIBJO’s Coral Commission, headed by Vincenzo Liverino, the report looks predominantly at research being conducted in the sector, both by gemmologists developing a colour description system, and scientists seeking to revive coral reefs, as well as dating the

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