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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Divine Solitaires Honoured Partner Jewelers at IIJS Premiere

Mumbai: Celebrating excellence, enduring partnerships and five years of shared growth, Divine Solitaires hosted its Annual Rewards & Recognition ceremony at Innov8 Launchpad, IIJS Premiere 2026, NESCO, Mumbai, honouring its highest-performing partner jewellers from across the country. The event also witnessed the first weekly lucky draw of The Solitaire Festival of India (TSFI) 2026, making it one of the key highlights of this year’s exhibition.

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Sky Gold and Diamonds Begins FY27 On a Strong Note

Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), a listed B2B gold jewellery manufacturer, today announced its consolidated financial results for the quarter ended June 30, 2026. The Company commenced FY27 with healthy growth in revenue and profitability, supported by sustained demand from organised jewellery retailers, continued traction in lightweight and value-added jewellery, and consistent execution across

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GJEPC Confers ’20 Under 40′ Awards

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) honoured 20 emerging industry leaders at the 20 Under 40 Awards, held at BEC during IIJS Bharat Premiere 2026 on 8th August. The awards recognised young entrepreneurs and professionals across manufacturing, retail, diamonds, jewellery, laboratories and allied businesses for their contribution to the industry. The GJEPC leadership present included Mr. Kirit

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Mehul Shah Conferred “Industry Legend” by GJEPC

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) honoured the ‘Legends of the Industry’ during the IIJS Bharat Premiere exhibition. Globally renowned change-makers in the Industry were invited and honoured in the presence of an august audience. This recognition by GJEPC honoring the change-makers as industry stalwarts descended to receive the recognition. Mr. Mehul Shah, Vice President of Bharat

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Summer Edition of IDW Kicks Off

Ramat Gan: The Summer Edition of the International Diamond Week in Israel (IDWI) kicked off on Sunday, August 30, with some 400 buyers attending. During the five-day event, the buyers and hundreds members of the Israel Diamond Exchange (IDE) will be frequenting the trading tables of some 300 Israeli, Belgian, American and Indian companies that are displaying polished diamonds in

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GIA to Open Diamond Synthesis Center

Ramat Gan: Speaking at the International Diamond Week in Ramat Gan, Tom Moses, GIA executive vice president, announced that the lab is planning to open a diamond synthesis facility in New Jersey. The facility, which the lab hopes will be operational by January,  is planned as a research laboratory where GIA gemologists will be able to investigate different treatments that

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Surat Diamond Sector Regains Normalcy

Surat: Due to eruption of violence by Patidar community members on last Wednesday in Surat, the Federation of Surat Textile Traders Association (FOSTTA) and the Surat Diamond Association (SDA) members, were forced to seek the help of police and the paramilitary forces. The Surat police and army personnel brought  the city back to normalcy,  thus helping the diamond factories and

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Botswana’s Deficit May be Wider than Projected

Gaborone: Botswana’s budget deficit for fiscal 2016 may be much wider than the projected 2.6 percent due to the slowdown in the diamond market, credit rating agency Moody’s said on August 27. Earlier, Botswana’s Finance Ministry forecast a deficit of $393 million (4.03 billion pula), or 2.6 percent of its gross domestic product for the fiscal year. Diamonds account for

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