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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KP Fully Lifts CAR Diamond Exports Ban

Dubai: The Kimberley Process (KP) Plenary, which took place last week in Dubai, United Arab Emirates (UAE), saw members voting to lift a decade-long ban on rough diamond exports from the Central African Republic (CAR). KP suspended diamond exports from the country in May 2013 after the Seleka fighters seized the capital Bangui in March of the same year, overthrowing

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India’s Significant Achievement at KP

Dubai: The delegation, led by Mr. Siddharth Mahajan, Joint Secretary, Ministry of Commerce, Government of India, and consisted Mr. R. Arulanandan, Director and Mr. Sabyasachi Ray Executive Director and team from GJEPC, participated in discussions in order to promote conflict-free rough diamond trade. India’s proactive engagement with the KP process highlights our dedication to upholding ethical sourcing practices, combating conflict

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Civil Society Slams KP in Plenary Meeting

Dubai: The Kimberley Process Civil Society Coalition (KPCSC) has criticized the diamond industry’s regulatory body for its lack of meaningful reforms, accusing it of going in circles without real progress. Speaking at the Kimberley Process plenary in Dubai, KPCSC coordinator Jaff Bamenjo expressed frustration over the UN-backed organization entering its second year of another reform cycle while persistent challenges remain

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Oct. 2024 Marks Revival in CPD Exports 

Mumbai: India’s gem and jewellery exports has made strides in October 2024, marking a turning point with positive growth in multiple product categories, notably cut and polished diamonds, gold Jewellery (plain & studded), and polished lab-grown diamonds. In October 2024, the overall gross exports of gems and jewellery reached USD 2,998.04 million (Rs. 25,194.41 crores), marking a growth of 9.18% in

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Guests of Honour at Inauguration of IIJS Premiere

Mumbai: The countdown has begun for the 41st edition of IIJS Premiere, the most anticipated B2B gem & jewellery show of the year! With preparations in full swing, the show is all set to unlock new growth, new partnerships, and your biggest breakthrough to success. The show is being organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from

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GJEPC Hosted SAJEX 2025 ‘Curtain Raiser’ Event

Jeddah: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the Curtain Raiser event for the Saudi Arabia Jewellery Exposition (SAJEX) 2025 at The Ritz-Carlton, Jeddah on 6th July. The evening brought together key dignitaries and trade leaders, marking the formal launch of the much-anticipated exposition. The event was graced by Hon’ble Chief Guest Mr. Fahad Ahmed Khan Suri, Consul

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KISNA Opens Showroom in Borivali, Mumbai

Mumbai: KISNA Diamond and Gold Jewellery, one of India’s foremost jewellery brands, proudly announces the grand opening of its 82nd exclusive showroom at Sky City Mall, F-02, First Floor, Devipada, Western Express Highway, Borivali. This milestone reinforces KISNA’s commitment to making luxury diamond and gold jewellery more accessible across India, furthering its vision of ‘Har Ghar KISNA.’The prestigious launch event

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David Kellie to Step Down from NDC Post

Mumbai: Mr. David Kellie has announced that he will be stepping down as CEO of the Natural Diamond Council (NDC) by the end of 2025. He has expressed his decision in a post on the Linkedin. The post says, “Following the successful signing of the Luanda Accord committing more diamond producers to provide funding support for the promotion of natural

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