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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Lighthouse invests Rs. 284 Cr. in Kushal’s

Bengaluru: Lighthouse India Fund IV AIF has invested INR 284 crores in Kushal’s, India’s leading fashion and silver jewellery brand.  Kushal’s is the first investment by Lighthouse from its newly raised, fourth private equity fund. This round also includes a secondary buy-out providing part exit to its first institutional investor India SME Investments, which invested in 2019. Founded in 2006

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GJNRF Wins ‘NGO Leadership Award’

Mumbai: Gem & Jewellery National Relief Foundation (GJNRF), the apex body coordinating the common social intervention efforts of the gem and jewellery industry in India, was conferred with the NGO LEADERSHIP AWARD at the prestigious 13thWorld CSR Day Awards organised by World CSR Congress and certified by the World Federation of CSR Professionals. The award was received by GJNRF Jt.

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Sachin Jain Appointed as CEO of WGC

Mumbai: The World Gold Council (WGC) has appointed Mr. Sachin Jain as its new CEO, India, who will take up the role from March 2024. Mr. Sachin joins from De Beers where he has held several senior roles for the past 13 years. As Managing Director of De Beers India, he has led the De Beers Forevermark business in India

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WGC Launches New ‘You are Gold’ Campaign

Mumbai: World Gold Council (WGC) has launched new ‘You are Gold’ multimedia campaign to reinvigorate the relationship of millennials and Gen Z with gold in a meaningful way in India. The campaign introduces a film that embraces a broader audience, presenting gold as an ally for youth, both women and men. The film focuses on highlighting stories of individuals that are getting

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