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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GJEPC Analizes Reciprocal Tarrif

Mumbai: The US President Donald Trump announced reciprocal tariffs affecting over 180 countries, including a 26% tariff on India. As a result, the market has reacted negatively. Trump’s ‘Liberation Day’ announcements had no country-specific exclusions as he announced new tariff rates for more than 180 countries. Apart from country-specific tariffs, Trump also announced the imposition of a 10% baseline tariff.

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India Gem and Jewellery Show 2025 from 4th

Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex industry body has announced the 7th edition of its flagship event, the India Gem and Jewellery Show (GJS), scheduled from 4th to 7th April 2025, at the Jio World Convention Centre in Mumbai. Also known as #HamaraApnaShow, the GJS has become a must-attend platform for driving future business growth

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Rio Tinto Discovers Exceptional Yellow Diamond

Yellowknife: Rio Tinto has unearthed one of the largest gem-quality yellow diamonds ever discovered in Canada, from its Diavik Diamond Mine. The 158.20 carat rough diamond was discovered at Diavik located 200km south of the Arctic Circle in the remote Northwest Territories of Canada. It is one of only five yellow diamonds weighing more than 100 carats ever unearthed at

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Men of Platinum Invites Fans to ‘HONOURTHE7’

Mumbai: As IPL 2025 electrifies cricket fans across the country, Men of Platinum unveils #HonourThe7, a powerful tribute to MS Dhoni, an icon whose resilience, leadership, and composure have defined an era. This fan-driven initiative transforms admiration into action, inviting Thala fans to express their love for their hero in a unique and meaningful way. Building on the Men of Platinum x MS Dhoni Signature Edition, the #HonourThe7 initiative invites fans

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Congolese Diamonds Tender Gets 40% Higher Sales

Antwerp: From 16 to 20 February, the Congolese diamond company SACIM SARL organised a particularly successful diamond tender in Antwerp. More than 288,000 carats of rough Congolese diamonds were sold at prices that were on average over 40% higher than those achieved in other, competing diamond trading centres. The result once again underlines Antwerp’s unique position as an international hub for rough diamond trading

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GJEPC Hosted IIJS Bharat Retailer Connect Session

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the IIJS Bharat Retailer Connect session at the PHD Chamber of Commerce, Delhi, on 19th Feb 2026, in association with the Maliwara Jewellers Association, Delhi Jewellers Association, Greater Kailash Jewellers Association and East Delhi Jewellers Association. Mr. Antarpal Singh Sawhney, Regional Chairman–North, inaugurated the seminar, which saw participation

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US & Japan to Invest $550 bln. on Synthetics

New York: The governments of the United States and Japan are reportedly considering directing a portion of a proposed $550 billion investment package toward establishing synthetic diamond production in the U.S., as part of a broader effort to strengthen critical technology supply chains. At the heart of the initiative is a planned synthetic diamond manufacturing facility in the United States,

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The Tariff is Illegal: US Supreme Court

Washington: US trading partners, including India, that have reached tariff deals with Donald Trump’s administration before the Supreme Court verdict, will now face a 10 per cent duty, despite higher levels they may have agreed on previously, the White House has said. The certification came after the US Supreme Court struck down Trump’s sweeping and often arbitrary duties, delivering a

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