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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Gemfields Showcases 36 Ct. Ruby at June 2025 Auction

London: Gemfields will offer a broader range of secondary-type material at its forthcoming mixed-quality ruby auction in June 2025. The auction will include rubies recovered from a newer section of its Mozambican mine that has not previously been represented at auction in meaningful quantities and with a notable 36-carat ruby forming part of the offering. The gems, from the newer

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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

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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,

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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

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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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New Method Discovers Unknown Precious Coral Species

Zurich: A refined DNA-based method to distinguish look-alike “precious corals” used in luxury jewellery, developed by a joint team from the Swiss Gemmological Institute SSEF and the Zurich Institute of Forensic Medicine at the University of Zurich, has uncovered a precious coral species hitherto unknown in the gem trade and to science. It belongs to the Pleurocorallium norfolkicum species complex. “Several precious

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GJEPC Expresses Deep Sorrow over Vijay Rupani’s Demise

Mumbai: The former Chief Minister of Gujarat Mr. Vijay Rupani has died in the ill fated plane crash yesterday. He was travelling to London from Ahmedabad by an Air India flight. India’s Gem & Jewellery Export Promotion Council (GJEPC) has expressed profound grief over the untimely and sad demise of the departed leader. The condolence message issued by the GJEPC

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