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

Dhoni’s Unbreakable Legacy with Men of Platinum

Mumbai: As the IPL season kicks off, cricket fever reaches its peak and Thala gears up to don the yellow jersey once again, igniting passion in fans across the country. For every MS Dhoni loyalist, it’s more than just a game—it’s an unbreakable bond, built on faith, resilience, and moments that live forever. This season, honour the legend and wear

Read More »

Concern about Irradiated Rubies and Sapphires

Milan: The World Jewellery Confederation (CIBJO), the American Gem Trade Association (AGTA) and the International Colored Gemstone Association (ICA) are once again expressing concern about the presence in the marketplace of irradiated rubies and sapphires, particularly sourced in Sri Lanka. The materials in question, which have a pleasing but temporary appearance, were earlier reported upon in a 2022 press release

Read More »

Mia by Tanishq Opens in Oberoi Mall, Mumbai

Mumbai: Mia, from the house of Tanishq, one of India’s leading fine jewellery brands, strengthened its presence in Mumbai with the launch of its latest flagship store at Oberoi Mall, Goregaon. The store was launched by Mr. Sanjay Bhattacharjee, Retail Head, Mia by Tanishq. Designed to offer an immersive and elevated shopping experience, the new store reflected Mia’s commitment to making contemporary

Read More »

IIJS Tritiya Opens in Bengaluru

Bengaluru: The 3rd edition of IIJS Tritiya 2025, India’s 3rd largest and most comprehensive B2B jewellery show, organized by the Gem & Jewellery Export Promotion Council (GJEPC) opened at the Bangalore International Exhibition Centre (BIEC) from 21st to 24th March 2025. Mr. M.B. Patil, Minister of Large & Medium Industries and Infrastructure Development, Government of Karnataka, inaugurated IIJS Tritiya 2025 along with Dr. Sharavana

Read More »

Maharashtra CM Assures Full Support to G&J Ind

Mumbai: The Chief Minister of Maharashtra Mr. Devendra Fadnavis has assured the gem and jewellery industry of complete support from his government and promised a speedy solution that will allow exporters to provide bank guarantees instead of upfront payment on VAT charged on gold. He was speaking as Chief Guest at the 41st India Gem and Jewellery Awards (IGJA 2014)

Read More »

Falling Oil Prices to Spur Diamond Demand in India

Mumbai: De Beers is optimistic about an increase in demand for diamonds in India and US in 2015 following the downwardly trending oil prices. It expects the slide in oil prices to turbo charge the diamond consumer markets, according to a report published in The Times of India. At the recent reception to mark the first 12 months of sightholder

Read More »

Taxes May Force Rio to Close Gem Mine in Zim

Harare: Rio Tinto Group told staff in Zimbabwe that government taxes may force it to close its sole diamond mine in the country, a letter to staff shows. The Murowa Diamond Mine, which is 78 percent held by London-based Rio, was valued at $279 million by Deutsche Bank in 2013. It produced 101,000 carats of gems in the fourth quarter

Read More »

Alrosa Production Reaches 36.21 Million Carats

Moscow: Alrosa announced that production in its fourth quarter increased 8 percent over the previous quarter, to reach 10.56 million carats. In 2014, diamond production totaled 36.21 million carats, exceeding expectations by 210,000 carats. The company said the production increase was driven by the completion of planned maintenance at the plants that process ore from the International, Aikhal and Mir

Read More »

Latest Videos