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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Emmanuelle Nodale Appointed as Brand CEO, De Beers

London: De Beers Group today announced the appointment of Emmanuelle Nodale as Brand CEO, De Beers London, as the brand enters a new phase of global expansion and strategic evolution as part of the Group’s Origins strategy. With over 20 years of expertise in shaping and developing global brands, Nodale is recognised for her strategic leadership and ability to translate

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New Collaborations, Partner Alignments Expected from PGI’s Upcoming BSM

Mumbai: Platinum Guild International (PGI) is organizing its annual Buyer Seller Meet (BSM) in Kochi on 26-27 June. The 8th edition of India Buyer-Seller Meet is an exclusive, invitation-only event focused on fostering collaboration and business opportunities between platinum jewellery retailers and manufacturers. It serves as a platform for showcasing innovative designs, finalizing orders, and building partnerships ahead of key

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Gemfields Generates $31.7m from Auction of Mixed Ruby

London: Gemfields has reported good demand for fine-quality rubies on yesterday in spite of market turbulence, with its latest mixed-quality ruby auction generating $31.7m in revenue. “Demand and pricing for fine-quality rubies remain strong,” said Adrian Banks, Gemfields’ MD of product and sales. “Today’s auction result demonstrated the resilience of rubies in turbulent times,” he said. The auction, held between

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GJEPC Hosts Design Training Program

Mumbai: The Bharat Ratnam Mega Common Facility Centre (Mega CFC) at SEEPZ-SEZ, Mumbai, witnessed the inauguration of the much-anticipated Design Training Program by Mr. Guido Persico on 16th June. The initiative, launched by India’s Gem & Jewellery Export Promotion Council (GJEPC), aims to nurture next-gen jewellery design talent in India’s premier export hub. Mr. Dnyaneshwar Patil, Development Commissioner, SEEPZ-SEZ, graced

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De Beers “to Cut Sightholder Numbers”

Gaborone: De Beers is reportedly planning to further cut the number of sightholders. The UK-based has steadily reduced the number from an historic peak of 350 to a current total of just over 60, reports the idexonline.com. That number is to be further reduced, as of January 2026, according to a letter sent by De Beers last month. “Sightholder selection

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BDB Prepares Ind. Members for Sustainable Future

Mumbai: India’s Bharat Diamond Bourse (BDB) had organized a seminar to address Industry members, titled, “Polishing Our Future” on 11th October 2024 at BDB Convention Hall, Mumbai. Inviting world renowned speakers like Paul Zimnisky, Diamond analyst and expert, Tawhid Abdullah, CEO Jawhara Jewellery Group, Amit Pratihari, Managing Director, India, De Beers, Ananthanarayanan Hariharan, Head Retail and Merchandising, Novel Jewels, Aditya

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Augmont Unveils Char Dham Coin Collection

Mumbai: Augmont Gold for All, India’s leading provider of precious metals, unveils its limited-edition ‘Char Dham Coin Collection’ ahead of the festive season. Following the success of the Ram Mandir (Kan Kan Me Ram) coin just ahead of the Ram Mandir inauguration, this unique “Char Dham” series during the festive season provides devotees, collectors, and gift-givers an exceptional way to connect

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GSI & Dr. Homi Bhabha State Uni. Sign MOU

Mumbai: Gemological Science International (GSI), a global leader in gemological services, and Dr. Homi Bhabha State University, Mumbai, signed a significant Memorandum of Understanding (MoU) on 6th May, 2024 to collaborate on education, research, and technological advancements. The partnership marks a strategic step forward in bridging academia and industry to promote innovative learning and research, specifically in gemology and chemistry.

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