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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
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
Top News
Arvog Opens First Gold Loan Branch in Chennai
Chennai: Arvog, a smart-tech-enabled diversified finance company that provides financial products and services, particularly focusing on digital lending for personal and gold loans, announced the launch of its first Gold Loan Branch in Chennai, marking a strategic milestone in the company’s expansion into South India. The setting up of the branch will serve as a physical touchpoint for consumers to
Aupulent Jewellery Marks Milestone in Ethical Luxury
Mumbai:: Aupulent Jewellery, India’s lab-grown diamond brand, is redefining modern luxury with a powerful blend of legacy craftsmanship and sustainable innovation. Founded in 2021 by Surya Jain, a 5th-generation jeweller with a 150-year family heritage, the brand has quickly emerged as a frontrunner in the lab-grown diamond sector—championing a future where fine jewellery is both ethical and accessible. From its inception,
Rosy Blue Foundation Launches Scholarship
Mumbai: The Rosy Blue Foundation, the philanthropic arm of Rosy Blue, a global leader in the diamond and jewellery industry, proudly announces the official launch of the Arunkumar & Ramniklal Mehta (ARRA) Scholarship, following a successful pilot phase in 2024. Established in memory of Late Shri Ramniklalbhai Rajmalbhai Mehta and Late Shri Arunkumar Ramniklalbhai Mehta, this flagship initiative aims to
Candere Signs Shah Rukh Khan as Brand Ambassador
Mumbai: Candere, the lifestyle jewellery brand from the House of Kalyan, has appointed Shah Rukh Khan as its brand ambassador, marking a pivotal moment in its national expansion strategy. This partnership underscores Candere’s commitment to redefining jewellery for a new customer category – celebrating individuality, meaningful gifting, and everyday self-expression. With his global appeal and timeless charm, Shah Rukh Khan
Zen Diamond Opens 2 New Stores in Bengaluru
Bengaluru: Zen Diamond, a fine jewellery brand with a presence in over 450+ stores worldwide, is strengthening its footprint in India with the launch of two new stores in Bengaluru. Following its successful debut in Mumbai with stores in Bandra and Borivali, Zen Diamond now expands its presence to South India with openings at Phoenix Mall of Asia and Phoenix
A New Book on ‘Theft of Koh-i-Noor’ by Britain
Mumbai: A new children’s picture book relating the story of the Koh-i-Noor as one of theft and colonial conquest, has just been published in India. Supriya Kelkar, a US-based author and illustrator of Indian origin, tells how the world’s most famous diamond was “stolen” by the British East India Company after the defeat of the Sikh Empire in 1849 and presented to Britain’s
National Jewellery Awards 2025 Presented
Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly hosted the 14th edition of the World Gold Council (WGC) Presents National Jewellery Awards (NJA’25), powered by IDT Gemological Laboratories Worldwide, at Jasmine Hall, Jio World Convention Centre, Mumbai, in conjunction with the India Gem & Jewellery Show (GJS). The evening was a dazzling celebration of India’s finest jewellery
Rio Tinto Launches its Final Beyond Rare Tender
Mumbai: Rio Tinto has launched its final Beyond Rare TM Tender, the third in its annual Art Series, featuring 52 lots of extraordinarily rare masterpieces of nature, from its Canadian and Australian diamond mines. Titled Into the Light, this unique event marks a special chapter in world diamond history. With Rio Tinto’s Australian Argyle Diamond Mine ceasing operations in November
