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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Lucara Recovers Two More Large Diamonds

Vancouver: Lucara Diamond Corp. has announced that two more exceptional white stones have now been recovered through the XRT diamond recovery units. The two white diamonds, an 813 carat stone and a 374 carat stone, have been added on Wednesday to the roster of incredible diamonds recovered from the prolific south lobe of Lucara’s Karowe mine in Botswana. The weights

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IDWI Aiming for Global Participation

Ramat Gan: The organizing committee of the Winter Edition of the International Diamond Week in Israel (IDWI), to be held at the Israel Diamond Exchange (IDE), February 14-18, 2016, is aiming to make the event accessible to members of all the bourses that are affiliated to the World Federation of Diamond Bourses (WFDB). Moti Fluk, the IDWI’s Chairperson, said letters

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Amnesty International Raps Diamond Companies

Luanda: Amnesty International said diamond companies must stop using the cover of the Kimberley Process to claim that their stones are free from human rights abuses and conflict. “Diamond companies continue to hide behind the veneer of respectability offered by the Kimberley Process rather than taking responsibility for what happens along their supply chains,”  said Amnesty researcher Lucy Graham as

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Lucara Recovers Historic 1,111 Carat Diamond!

Vancouver: Lucara Diamond Corp. has announced the recovery of a 1,111 carat gem quality, Type IIa diamond.  According to their press release, “The magnificent stone, which originated from the south lobe of Lucara’s Karowe Mine [in Botswana], is the world’s second largest gem quality diamond ever recovered and the largest ever to be recovered through a modern processing facility. The

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