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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AGL Celebrates Five Years under New Management

New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did

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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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GJEPC Analizes Reciprocal Tarrif

Mumbai: The US President Donald Trump announced reciprocal tariffs affecting over 180 countries, including a 26% tariff on India. As a result, the market has reacted negatively. Trump’s ‘Liberation Day’ announcements had no country-specific exclusions as he announced new tariff rates for more than 180 countries. Apart from country-specific tariffs, Trump also announced the imposition of a 10% baseline tariff.

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India Gem and Jewellery Show 2025 from 4th

Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex industry body has announced the 7th edition of its flagship event, the India Gem and Jewellery Show (GJS), scheduled from 4th to 7th April 2025, at the Jio World Convention Centre in Mumbai. Also known as #HamaraApnaShow, the GJS has become a must-attend platform for driving future business growth

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Rio Tinto Discovers Exceptional Yellow Diamond

Yellowknife: Rio Tinto has unearthed one of the largest gem-quality yellow diamonds ever discovered in Canada, from its Diavik Diamond Mine. The 158.20 carat rough diamond was discovered at Diavik located 200km south of the Arctic Circle in the remote Northwest Territories of Canada. It is one of only five yellow diamonds weighing more than 100 carats ever unearthed at

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Men of Platinum Invites Fans to ‘HONOURTHE7’

Mumbai: As IPL 2025 electrifies cricket fans across the country, Men of Platinum unveils #HonourThe7, a powerful tribute to MS Dhoni, an icon whose resilience, leadership, and composure have defined an era. This fan-driven initiative transforms admiration into action, inviting Thala fans to express their love for their hero in a unique and meaningful way. Building on the Men of Platinum x MS Dhoni Signature Edition, the #HonourThe7 initiative invites fans

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