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

Read More »

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

Read More »

Top News

Gemfields Updates ‘G-Factor for Natural Resources’ Figures

London: Gemfields has confirmed its ‘G-Factor for Natural Resources’’ figures for the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique, which now stand at 20% and 25% respectively for the 10-year period from 2015 through 2024. The ‘G-Factor for Natural Resources’ reveals the percentage of natural resource revenue paid to the government of the country from

Read More »

GJEPC Advocates ‘Green Exhibitions’ with IIJS

Mumbai: On World Environment Day, The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex trade body sponsored by the Union Ministry of Commerce & Industry, reinforces Commitment to Sustainability with Green Practices at its flagship India International Jewellery Show (IIJS) exhibitions – one of the world’s top 2 B2B Trade shows in the gem & jewellery sector. With the theme of

Read More »

Registrations for CIBJO Congress 2025 Open

Milan: Registrations for the 2025 congress of the World Jewellery Confederation (CIBJO) have opened now. Delegates and other participants may register for the congress via a dedicated congress website located at: www.cibjo.org/congress-2025/. The three-day event will take place from Monday, October 27, through Wednesday, October 29, 2025. The 2025 CIBJO Congress will mark the start of the World Jewellery Confederation’s Centenary

Read More »

IIJS Premiere 2024 Wins Excellence Award

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) recently announced that the India International Jewellery Show (IIJS) Premiere 2024 has been awarded the coveted “Top Source from India Show” honour at the Exhibition Excellence Awards 2025 — for the second year in a row. The award was received by Mr. Shamal Pote, Director – National Exhibitions, GJEPC, in recognition

Read More »

Winners of Baselworld Design Competition

Basel: Jewellery-focused 3D wax printing specialist Solidscape has announced the winners of the fourth annual Baselworld Design Competition. Capturing the Platinum Award for jewellery the third year in a row is the OG-Art Studio team from Bialystok, Poland. The brand produced a spectacular Dragon Pendant design that features complex geometry and incredible detail requiring the highest precision in 3D printing

Read More »

Israel to Revive Diamond Manufacturing

Ramat Gan: An advanced “one-stop shop” for diamond manufacturing, recently opened near the Israel Diamond Complex in Ramat Gan, is the first step in an ambitious plan by Israeli diamond leaders to bring back a large part of the offshore diamond polishing business to the country. The plan is being supported by the Israel Diamond Exchange (IDE), the Israel Diamond

Read More »

Zimbabwe Miners ‘Afraid of Saying No’ to Merger

Harare: Some diamond miners operating in Zimbabwe are said to be “afraid of saying no” to the proposed merger of their operations, according to a report published in Rough & Polished. Zimbabwe recently announced plans to merge all six diamond mining operations in Marange as well as Rio Tinto’s Murowa and DTZ-OZGEO into one firm in which the State would

Read More »

Platinum Becomes Cheaper Than Gold

Mumbai: As platinum becomes cheaper than gold, demand for platinum jewellery is zooming in the Indian market. Platinum jewellery retailers said that in February and March, demand shot up 40-50% and this trend is likely to continue in the upcoming wedding season that kicks off next month. Platinum price is currently hovering around Rs 26,300 per 10 gm as compared

Read More »

Latest Videos