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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
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
Top News
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
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
‘Made in India’ Jewellery Must Become World’s Trusted Choice: Chirag Paswan at IIJS Bharat Premiere 2026
Mumbai: Mr. Chirag Paswan, Minister of Food Processing Industries, Government of India, today inaugurated the 42nd edition of IIJS Bharat Premiere 2026 at the Bombay Exhibition Centre (BEC), NESCO, Goregaon — highlighting the Indian gem and jewellery sector’s role in strengthening Brand India on the global stage. Joining him as Guests of Honour were Mr. Paul Rowley, Executive Vice President,
WGC Launches ‘Swarnim Udaan 2047’
Mumbai: The World Gold Council (WGC) yesterday released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness. As
IIJS Signature 2022 Rescheduled from 18th-21st Feb
Mumbai: India International Jewellery Show (IIJS) Signature 2022, the most-awaited jewellery event of the first half of the year, has been now rescheduled to be held from 18th – 21st February at Bombay Exhibition Centre Goregaon, NESCO. The show was initially scheduled in first week of January 2022, but Council decided to postpone the show due to surge in Covid-19
Gold Demand Hits Highest Level in more than 2 Years
Demand for gold reached 1,147t in Q4 2021, its highest quarterly level since Q2 2019 and an increase of almost 50% year-on-year, according to the World Gold Council (WGC). Gold bar and coin demand rose 31% to an 8-year high of 1,180t as retail investors sought a safe haven against the backdrop of rising inflation and ongoing economic uncertainty caused by the
JWA Dubai Unveils Inaugural Panel of Judges
Hong Kong: In line with its goal of recognising the growing importance of the gemstone and jewellery trade in the Middle East, Jewellery World Awards (JWA) Dubai has named the judges for the JWA’s first regional edition. Joining the esteemed panel are business leaders with solid track records in the jewellery and gemstone trade, as well as industry experts who
Stephen Lussier to Quit from Posts of De Beers
Mumbai: De Beers Group has announced that Stephen Lussier, De Beers Group Executive Vice President for Brands & Consumer Markets, will step down from his executive responsibilities on 1 April 2022 after 37 years with the company. Stephen will continue to contribute to De Beers as a strategic advisor and will continue to serve in his role as Chairman of
