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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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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Icons Honoured as Industry Legends at IIJS Celebration Night

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the IIJS Celebration Night on 5th August 2026, following the first day of IIJS Bharat Premiere 2026, bringing together leading figures from the Indian and global gem and jewellery industry for an evening of recognition and celebration. A key highlight of the evening was the felicitation of nine global icons

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Australia to Withdraw Candidacy for KP Vice Chair

Luanda: In a surprise move, Australia will shortly confirm its withdrawal from the race for the vice chair of the Kimberley Process (KP), having expressed its intention to do so during the final day of the intercessional meeting in Luanda on Friday. When the KP meeting began on June 22, it was reported that both Australia and their rival for

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Ban on CAR Diamonds Partially Lifted

Luanda: Radio France International reports that at the intersessional meeting of the Kimberley Process in Luanda, the organization that regulates the diamond trade, the decision was made on Friday 26 to partially lift the embargo on the Central African Republic for two years. The diamonds mined in the “green zone”, that is to say in the west of the country,

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Andrew Bone to Head Responsible Jewellery Council

New York: Longtime De Beers executive Andrew Bone will take over the role of executive director of the Responsible Jewellery Council (RJC), according to JCK. A three-decade veteran of De Beers, Bone served as the company’s global head of government and industry relations and also served as vice president of the World Diamond Council. The appointment marks something of a

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IDE Selects New Biometric ID Security System

Ramat Gan: The Israel Diamond Exchange (IDE) has chosen FST Biometrics to provide a biometric identification security system for its new polishing house. FST’s system is a combination of facial recognition and body behavior biometric analysis. The system is a non-invasive and highly secure system, providing hands-free entry for staff and visitors. The system was chosen after a rigorous trial

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