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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Sky Gold & Diamonds Unveils Innovative Designs

Mumbai: Sky Gold & Diamonds showcased its strong focus on innovation and design excellence at IIJS Premiere 2026, unveiling a diverse portfolio of products reflecting evolving consumer preferences and market trends. The showcase was attended by Mr. Rajesh Kalyanaraman, Executive Director, Kalyan Jewellers, and Mr. Ba Ramesh, Joint Managing Director, Thangamayil Jewellery Ltd., along with Sky Gold & Diamonds’ Directors

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GJC Announces 15th Edition of National Jewellery Awards

Mumbai:   The All India Gem & Jewellery Domestic Council (GJC) proudly announces the 15th edition of the National Jewellery Awards (NJA’26), India’s most prestigious celebration of excellence in the gem and jewellery industry. Widely regarded as the industry’s highest honour, the National Jewellery Awards recognise and celebrate exceptional achievements in jewellery design, manufacturing, retailing, craftsmanship, innovation, and branding. Entries for NJA 2026

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Namibia Delegation Explores Direct India Diamond Trade

Mumbai: A senior Namibian delegation led by Ms. Gaudentia Krohne, Deputy Minister, Ministry of Industries, Mines and Energy, visited India’s Gem & Jewellery Export Promotion Council (GJEPC) office on 11 August as part of a B2B engagement aimed at exploring greater cooperation between Namibia and India’s diamond industry. The delegation included Rehabeam Nepaya, Deputy Director, Diamond Affairs; Secret Ruhaka and

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LML Brand Holdings Expands into Jewellery Segment

New Delhi: Driven by its vision of identifying and revitalising iconic Indian brands that have earned lasting consumer trust, LML Brand Holdings recently announced the acquisition of Asmi and Sangini, marking its entry into the branded jewellery segment. The acquisitions further strengthen the company’s “Reimagining Legends” philosophy of preserving the legacy of well-loved brands while unlocking their next phase of

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Andrey Polyakov Elected Vice President of WDC

Moscow: ALROSA vice president Andrey Polyakov was elected World Diamond Council (WDC) vice president at the council’s annual general meeting held in Moscow. According to the council’s bylaws, the vice president subsequently assumes the role of president – in this case Polyakov will take over the role in 2016. Also at the annual general meeting, delegates met to discuss a

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Ronnie Elected President of US Jewelry Council

New York: Mr. Ronnie VanderLinden, the incumbent President of the Diamond Manufacturers & Importers Association of America (DMIA), was elected President of the newly-formed United States Jewelry Council (USJC), a coalition of leading diamond, gem and jewelry trade associations in the United States that have come together to assure that the U.S. jewelry industry is collectively represented at government and

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WDM Supports World Diamond Museum

Hong Kong: Last week, Alex Popov, chairman of the World Diamond Mark Foundation (WDM) published a blog entitled “Art encapsulates history, culture and preserves value – it should enfold diamonds, too.” In his article, he asked “What do diamonds have to do with art? It all depends on how we imagine the identity and position of diamonds in the future.

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More Rate Cuts Unlikely in FY16: Ind-Ra

Mumbai: Factory Output Surprises on the Upside: Index of Industrial Production (IIP) grew 6.4% in August 2015, much higher than India Ratings and Research’s (Ind-Ra) forecast of 4.3%. Cumulatively for the period April-August 2015 the industrial output grew 4.1% compared with 3.0% for the same period last fiscal. This sustained growth, though still low, indicates that industrial recovery is on

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