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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De Beers Launches ‘Ombré Desert Diamonds’ Jewellery Beacon

Las Vegas: De Beers Group yesterday unveiled compelling new downstream propositions focused on driving desire for natural diamonds as a category and on differentiating polished diamonds sourced from De Beers Group, according to a press release published on the Group’s website. At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers

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SAJEX ’25:Where the World of Luxury Jewellery Unites

Jeddah: SAJEX 2025 is the definitive B2B jewellery exhibition, bringing together the finest jewellers, designers, manufacturers, and industry leaders from around the world. As the premier trade platform in Saudi Arabia, SAJEX 2025 serves as a gateway to the thriving Middle Eastern jewellery market, fostering business opportunities, innovation, and global collaborations. Explore Sajex- 2025, the world gem and jewellery fair

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RBI Cuts Repo Rate by 50 BPS

Mumbai: The Reserve Bank of India (RBI) today announced its second bi-monthly monetary policy of FY26. The RBI Governor Mr. Sanjay Malhotra-led Monetary Policy Committee (MPC) decided to cut the repo rate by 50 basis points (bps) to 5.50% from 6.00% earlier. This is RBI’s third consecutive repo rate cut. The MPC also decided to change the policy stance to

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Winners of HRD Design Awards Declared

Antwerp: Since its inception in 1985, the HRD Design Awards have given young and innovativedesigners the chance to showcase their talent on a global stage. This edition, HRD Antwerp decided to plan it’s final night outside of the European Union for the first time ever. The oldest, most international and biggest jewellery design competition wanted to bring this finale to

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De Beers Lowers Prices

Gaborone: De Beers cut prices some 2–3 percent at its latest allocation in Botswana, sources say, as attendees noted a more conciliatory tone from the company CEO. The slashed prices and smaller allocation—estimated at around $450 million—were stark signs of the manufacturing community’s ongoing troubles; executives previously hinted the company would hold the line on prices since it expected the

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PGI USA Appoints Deedy to Oversee Marketing

New York: Platinum Guild International USA (PGI USA) appointed Meg Deedy as its director of marketing to oversee digital media, social media and public relations strategies and programs. Deedy most recently led the social media practice for TD Ameritrade at Havas Worldwide and has more than 10 years of experience in the U.S. and abroad with leading agencies TracyLocke, MRM/McCann

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IIJS Adopts Big Changes to Achieve 25% Growth

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has introduced over-hauling changes in the up-coming India International Jewellery Show (IIJS) to achieve about 25% growth in one of the Asia’s largest B2B trade shows. IIJS has been experiencing acute space constraint since last many years, as a result of which at least 400 aspiring exhibitors are being left out

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RJC Concludes AGM with Visit to Surat & SEEPZ

Mumbai: The Responsible Jewellery Council (RJC) held its Annual General Meeting (AGM) in Mumbai on April 13, 2015, followed by visits to key diamond and jewellery manufacturing centres in Surat and the SEEPZ Special Economic Zone. The event was co-hosted by The Gem and Jewellery Export Promotion Council (GJEPC) and Bharat Diamond Bourse (BDB). This was the first RJC AGM

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