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 Hosts Virtual Briefing on GCC Design Lab

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), along with its knowledge partner, the UAE-based World Academy of Design (WAOD), hosted an engaging virtual introductory session to unveil a unique cross-cultural initiative titled GJEPC x GCC Design Lab: Co-Creating for SAJEX. Ms. Dolly Choudhary, Director of Promotions & Marketing, GJEPC, opened the session by outlining the objectives of this special

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GJEPC to Participate in Meeting on Natural Diamond Promotion

Luanda: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the Indian gem and jewellery industry, will be participating in the Ministerial RoundTable on Natural Diamond Promotion, scheduled to take place on 18 June 2025 in Luanda, Angola. Representing India at this prestigious global forum will be Mr. Shaunak Parikh, Vice Chairman, GJEPC, and Mr. Sabyasachi Ray, Executive Director, GJEPC. Their

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GJEPC Employees Embrace Hindi in Nationwide Language Competition

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) conducted a special programme to encourage greater use of Hindi among its employees on 12 June. As part of this initiative, a Hindi Sentence Formation and Translation Competition was organized across various GJEPC offices. The objective of the contest, organised by the Council’s Rajbhasha (Official Language) Department, was to motivate employees to use

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Gemfields Successfully Completed Rights Issue

London: Gemfields Group Limited (GGL) has successfully completed its fully underwritten Rights Issue, raising approximately USD 30 million through the issuance of 556,203,396 new shares. The capital raise was initially announced on April 11, 2025. The Rights Issue received strong investor interest, with valid acceptances submitted for 458,330,512 new shares—representing around 82.40% of the total offering. The remaining 97,872,884 shares

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World Diamond Conference Begins in New Delhi

New Delhi: The much awaited event ‘World Diamond Conference-India’ (WDCI) began today in New Delhi. The Gem & Jewellery Export Promotion Council (GJEPC), in association with the World Diamond Mark Foundation (WDMF) and with the support from the Ministry of Commerce and Industry, Government of India, has organized the first ever-global congregation of diamond industry leaders in India. Mr. Vipul

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WDCI Proceedings Can be Viewed across the World

New Delhi: Industry members from across the world have the opportunity to follow the entire proceedings of the World Diamond Conference India(WDCI) as they unfold in Delhi on December 11-12, 2014. The organisers have made arrangements for live streaming of every session on the website of The Gem & Jewellery Export Promotion Council at www.gjepc.org. “This is a first-of-its-kind event

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Israel is Best Place to Do Diamonds Business

Ramat Gan: The Israel Diamond Exchange (IDE) released a taped invitation to the International Diamond Week in Israel (February 8-12, 2015) that within hours after it was posted online, received a great number of viewings, and it is therefore expected to go viral in the next few days. “We are determined to make the winter edition of the International Diamond

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Belgian Court Dislodges Attachment of Zim Gems

Antwerp: The court of First Instance in Antwerp has ruled in favour of Zimbabwe, a move which dislodged the attachment of 500 000 carats of diamonds worth over $45 million that belonged to Marange mining companies, The Herald reports. The diamonds were seized three months ago in Belgium by a South African mining company, Amari Platinum and later by a

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