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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Israeli Companies Take on Rapaport List

Ramat Gan: A group of leading Israeli diamond traders and manufacturers have decided to post their diamond stocks at full prices on the RapNet Diamond Trading Network (RapNet). The decision follows the publication of the latest Rapaport price list which showed that Rapaport had reduced the prices of a wide range of diamond categories without any commercial justification. The group

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GJEPC-De Beers Discusses Key Industry Issues

Mumbai: Delegations of the GJEPC and De Beers exchanged views on key industry issues at a meeting held in the GJEPC premises yesterday. The De Beers team was led by Group CEO Phillipe Mellier, while the GJEPC team included Chairman Vipul Shah, Vice Chairman Pankaj Parekh and other senior members of the trade. The GJEPC presented its perspective of the

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Zimbabwe Asks RBZ to Plug Diamond Leakages

Harare: Zimbabwe President Robert Mugabe has tasked the Reserve Bank of Zimbabwe (RBZ) to come up with ways to plug diamond leakages as government institutes desperate measures to increase revenues inflows that have been perilously dwindling, the Zimbabwe Independent has learnt. Top government sources say Mugabe’s office has tasked the central bank to assist with measures to ensure all diamond

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Gold Recycling to Gain Ground in Asia: WGC

Boston: Gold recycling in Asia is expected to gain ground as China and India continue to be major centres of global gold demand, according to a recent report by the World Gold Council (WGC) and the Boston Consulting Group. The report, “The Ups and Downs of Gold Recycling,” discussed market drivers and challenges in the global gold recycling industry. According

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