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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New Method Discovers Unknown Precious Coral Species

Zurich: A refined DNA-based method to distinguish look-alike “precious corals” used in luxury jewellery, developed by a joint team from the Swiss Gemmological Institute SSEF and the Zurich Institute of Forensic Medicine at the University of Zurich, has uncovered a precious coral species hitherto unknown in the gem trade and to science. It belongs to the Pleurocorallium norfolkicum species complex. “Several precious

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GJEPC Expresses Deep Sorrow over Vijay Rupani’s Demise

Mumbai: The former Chief Minister of Gujarat Mr. Vijay Rupani has died in the ill fated plane crash yesterday. He was travelling to London from Ahmedabad by an Air India flight. India’s Gem & Jewellery Export Promotion Council (GJEPC) has expressed profound grief over the untimely and sad demise of the departed leader. The condolence message issued by the GJEPC

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PGI Highlights Platinum’s Bright Opportunity in Jewellery

London: Platinum Guild International (PGI) successfully hosted the 2025 Platinum Jewellery Business Review (PJBR) event in London on 21st May 2025, themed “Platinum Jewellery – Ready to Shine in a New Era of Demand”. The event brought together platinum producers, industry experts and leaders, investors and analysts to explore new opportunities for platinum in the jewellery sector. Tim Schlick, CEO

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AWDC Takes Leading Role in Global Campaign for Natural Diamond

Antwerp: On June 18, the Chairman of the Antwerp World Diamond Centre (AWDC), Isidore Mörsel, will represent the Antwerp diamond sector at a ministerial meeting in Luanda, Angola. The summit will be fully dedicated to broad-based generic marketing to promote natural diamond worldwide. AWDC has played a central role in successfully uniting all players in the diamond value chain behind

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Kama Jewelry Turns 30

Mumbai: Mumbai-based Kama Jewelry has marked three decades of fine jewelry manufacturing, Rs.982 Crore in revenue, 1,200 craftspeople, 260+ clients across four continents, and a 27% CAGR that rivals the best long-term compounders in Indian business. • Rs.982 Cr — FY2025-26 Revenue | +22% YoY growth• 27.1% — 30-Year CAGR | No outside capital raised• 1,200+ — Master craftspeople, all

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Record Gold Prices Continue to Shift Demand Dynamics

Mumbai: The World Gold Council’s (WGC) Q1 2026 Gold Demand Trends report reveals that total quarterly gold demand (including OTC) reached 1,231t, a 2% increase year-on-year. While volumes increased modestly, the value of demand surged to a record US$193bn, up 74% year-on-year. Around the world, retail investors were drawn to gold’s price momentum and safe-haven appeal,driving bar and coin demand

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NDC Plans Higher Spend for India: Amber Pepper

Mumbai: Ms. Amber Pepper, the newly appointed CEO of the Natural Diamond Council (NDC), signalled a major strategic shift towards the Indian market during a high-level meeting at the Gem & Jewellery Export Promotion Council (GJEPC) head office in Mumbai on 30th April. Accompanied by Ms. Richa Singh, Managing Director for India and the Middle East, NDC, Pepper met with top

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‘Know Your Diamonds-From Basics to Boosting Sales’

Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:

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