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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Smriti Irani Commends Indian Women Exporters

Dubai: Mrs. Smriti Zubin Irani, India’s Former Union Minister, visited the India Jewellery Exposition Centre (IJEX) in Dubai recently, where she engaged with women exporters from India and women jewellery professionals based in Dubai. Her visit highlighted the remarkable contributions of women in the jewellery industry and the pivotal role of IJEX, an initiative of GJEPC, in boosting exports and

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NDC-Jos Alukkas Collaborate To Strengthen Natural Diamond Business

Mumbai: The Natural Diamond Council (NDC), a global not-for-profit organization dedicated to promoting and supporting the natural diamond industry, has partnered with Jos Alukkas, a highly trusted name in the jewellery industry known for its heritage and commitment to quality. This collaboration aims to create an enriching experience for consumers, empowering them with knowledge and in-depth understanding on the inherent

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Urgent Need for Differentiation Between Natural & LGDs

New Delhi: India’s Central Consumer Protection Authority (CCPA), organized a Stakeholder Consultation on Consumer Protection in the Diamond Sector to deliberate on the use of appropriate terminology for diamonds. The consultation, chaired by Mrs. Nidhi Khare, Chief Commissioner of CCPA, brought together key industry stakeholders and experts. The meeting addressed critical concerns regarding the lack of standardized terminology and inadequate

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Smriti Irani Highlights Role of Women in G&J Sector

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized a session titled “Empowering Women Entrepreneurs in the Business of Gem & Jewellery Exports” at the Deputy Speaker Hall, Constitution Club of India in New Delhi on 19th November. The event highlighted the critical role of women in driving innovation and growth in the gem and jewellery (G&J) sector. Former

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AWDC Welcomes Postponement of Mandatory Traceability

Antwerp: Antwerp World Diamond Centre (AWDC), the industry organization representing the interests of Belgian diamond companies, has welcomed the provisions of the 16th sanctions package against Russia, announced recently by the G7. AWDC considers the postponement of the deadline for the mandatory implementation of a traceability mechanism for diamonds to January 1, 2026, an important signal, as it grants diamond

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Argyle Pink Diamonds Partners with West Australian Ballet

Mumbai: Argyle Pink Diamonds has forged a collaboration with the West Australian Ballet, Australia’s oldest ballet company, to establish the Rare Gem partnership. This initiative will fund a 12-month scholarship within the prestigious Young Artists Program, providing emerging ballet dancers with invaluable stage experience, mentorship, and preparation for a professional career. Lauren Major, Executive Director of West Australian Ballet, expressed

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Gemfields Held Auction of Unsold High Quality Emeralds

London: Gemfields has generated $4.8-million in revenue from a mini auction, held from February 19 to 21, of previously unsold higher-quality emeralds. The Gemstone miner says 10 of the 13 lots on offer were sold, with 45 864 ct sold out of the 59 192 ct on offer. An average sales price of $105.49/ct was achieved. Gemfields product and sales MD Adrian Banks said

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India Takes Centre Stage as Partner at INHORGENTA

Munich: India proudly takes centre stage as the role of official partner country at INHORGENTA 2025, marking a pivotal moment in the global gem and jewellery industry. The show, INHORGENTA 2025, was inaugurated at the India Pavilion recently by Mr. Shatrughna Sinha, IFS, Consul General of India, Munich; Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Stefan Rummel, CEO of Messe München;

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