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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Gold Prices on Down Trajectory

Mumbai: The price of gold continued its downward trajectory for the third consecutive day in India, reflecting a mix of domestic and global market influences. The decline in gold prices is evident across major markets. In Delhi, 10 grams of 24-carat gold is priced at Rs 76,963, a sharp drop from Rs 78,003 recorded yesterday. In Chennai, the price stands

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Platinum Love Bands Launches ‘SeaItwithPlatinum’

Mumbai: The month of love calls for a celebration that is as rare and meaningful as the bond it honours. This Valentine’s Day, Platinum Love Bands by PGI India unveils its ‘SealItWithPlatinum‘ campaign, capturing the essence of love that is rare, precious, and everlasting—just like platinum. The campaign beautifully captures the journey of modern relationships—where love is a choice made every day, built on

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‘VAIRAM’ Charts Course for India’s LGD Supremacy

Chennai: The Vajra Industry Research & Academic Meet (VAIRAM) Workshop 2025, held on 10th February at the Indian Institute of Technology (IIT) Madras Research Park in Chennai, emerged as a landmark event in the lab-grown diamond (LGD) sector in India. Organized by India Centre for Lab Grown Diamond (InCent-LGD) at IIT Madras in association with GJEPC, the VAIRAM workshop provided

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GJC Requests a Reduction in GST to 1.25%

Mumbai: All India Gem & Jewellery Domestic Council (GJC), the premier body for jewellers, has urged the government to rationalize the Goods and Services Tax (GST) on bullion and precious ornaments, reducing it to 1.25% from the current 3% to ease the burden on consumers and boost sales. GJC appreciates Finance Minister Smt. Nirmala Sitharaman while urging the GST council

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IDE to Hold Raffle Promote Israel Diamond Week

Ramat Gan: Diamond buyers arriving at the Diamond Dealers Club of New York (DDC) for the Israel Diamond Week in New York can take part in a special raffle and a chance to win a free flight and guaranteed, free hotel accommodation for the next edition of the Israel Diamond Week that will take place February 8-12, 2015, at the

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WDMF and JTR Sign MoU: Launch Magazine

Hong Kong: The World Diamond Mark Foundation (WDMF), and the Turkish Jewellery Exporters Association (JTR) signed a Memorandum of Understanding during a joint press conference held to announce the stepping up of cooperation between the WDMF and JTR. The MoU was signed in the presence of other Turkish partners, such as Borsa Istanbul and HRD Antwerp Turkey. At the press

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Israel Holds Diwali Celebration at Bourse

Ramat Gan: Israel Diamond Exchange (IDE) President Shmuel Schnitzer has held a festive reception for the Indian diamond community working in Israel to mark the start of the Diwali festival. The celebration has become a traditional event at the bourse, taking place for the seventh year in a row. The event was held in the presence of India’s ambassador to

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Kalyan Jewellers Raises $196M from Warburg Pincus

Mumbai: Kalyan Jewellers India Pvt. Ltd, a Kerala-based jewellery retailer, has raised Rs 1,200 crore ($195.6 million) from private equity firm Warburg Pincus, which also marks the second biggest bet on an Indian company ever by the PE firm, reports vccircle.com. In a separate filing with Competition Commission of India (CCI), Warburg Pincus had said it is acquiring 24 per

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