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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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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14th Edition of NJA ’25 Announced

Mumbai The All India Gem & Jewellery Domestic Council (GJC) has announced the 14th Edition of WGC presents National Jewellery Awards (NJA’25). Organized by GJC, NJA recognizes and honours outstanding talent in the jewellery sector, celebrating excellence, creativity, craftsmanship, and innovation while shaping the industry’s future. NJA is known for its unbiased and relentless efforts for the welfare of the

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GJEPC Road Show Strengthens Outreach in Vietnam

Mumbai: In a bid to boost bilateral cooperation, India’s Gem & Jewellery Export Promotion Council (GJEPC) held a series of constructive meetings with key stakeholders from Vietnam’s gemstone and investment sectors. A key meeting was held with Mr. K.S. Ngo The Hoc, Vice President and General Secretary of the Vietnam Association of Gemstones (VAG), accompanied by representatives from seven member

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Nearly 80% of Belgian Diamond Traders Pass First-Ever Anti-Money Laundering Exam 

Antwerp: For the very first time, the Belgian FPS Economy and the Antwerp World Diamond Centre (AWDC) organized a large-scale anti-money laundering (AML) exam for Belgian diamond traders. The sector delivered strong results, with nearly 80%of the 196 participants passing the test. The exam, which assesses knowledge of Belgian AML obligations, is part of broader efforts to further strengthen compliance

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Gemfields CEO to Step Down: Ruby Auction Fetches $23.1 Mln.

London: Gemfields Group recently announced that its CEO Mr. Sean Gilbertson will step down by mutual agreement on 15 July 2026, with Chief Financial Officer Mr. David Lovett appointed Interim CEO while retaining his current role. The Board has begun the process of identifying a permanent successor. The announcement coincided with the results of Gemfields’ inaugural Trade Select ruby auction,

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GJC Calls for Balanced Policy & Consumer Friendly Reforms

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) released yesterday its half‑yearly review of the gold and silver market for 2026, noting that the first six months of the year were marked by historic peaks in bullion prices, followed by corrections that reshaped consumer sentiment and industry outlook. The Council emphasized that taxation changes, customs duty hikes, and global geopolitical

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Two New Gold & Silver Vending Machines Launched in Mumbai

Mumbai: Aspect Bullion & Refinery, the pioneer behind India’s first-ever Gold & Silver Vending Machine, has launched two new vending machine installations in Mumbai this June. This expansion marks another significant milestone in the company’s mission to make buying gold and silver more accessible, seamless, and convenient through an innovative, secure, and hassle-free purchasing experience. A vending machine was launched at

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