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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GSI Takes Students on a Trip to Elahera Gem Mine

Mumbai: Gemological Science International (GSI) recently organized an insightful mine visit for students enrolled in its prestigious Colored Stone Professional (CSP) programme. The visit to the Elahera Gem Mine in Sri Lanka, a world-renowned source of high-quality sapphires, provided students with invaluable real-world experience as part of their holistic learning journey. GSI’s CSP programme is known for its blend of

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Submit Scatches for Artisan Awards by 25th Oct

The 2025 Artisan Awards presents the following theme for designers to create, play & push the limits of design: Mumbai: Indian jewellery craft techniques have long been revered for their intricacy, cultural significance, and timeless beauty. In the global contemporary jewellery landscape, these techniques are being revived and reimagined by designers both in India and abroad, highlighting the versatility of

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IGJA: Application Date Extended

Mumbai: The 51st India Gem & Jewellery Awards (IGJA) nominations are still open, with the last date to apply being extended now to 5th November, 2024. The IGJA is an award given by the Gem and Jewellery Export Promotion Council (GJEPC) to recognize the best gem and jewelry exporters. The awards also recognize banks and other entities that contribute to the growth

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Jignesh Mehta Honored with Vyapaar Ratna Award 

Mumbai: Mr. Jignesh Mehta, Founder and Managing Director of Divine Solitaires, has been honored with the esteemed Vyapaar Ratna Award 2024 – Changemaker of the Year. This prestigious recognition highlights Mr. Mehta’s remarkable contributions to the MSME sector and his visionary leadership in the diamond industry. The Vyapaar Ratna Award celebrates individuals who have demonstrated exceptional innovation, leadership, and commitment

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Global Diamond Production +11% to $14B in 2013

Gaborone: Global diamond production by value rose 11 percent year on year to $14.09 billion in 2013, due mainly to an increase in the average price of rough diamonds, according to annual data published by the Kimberley Process Certification Scheme. By volume, global production increased 2 percent to 130.48 million carats, while the average price of production grew 9 percent

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PDE President to Present Project in India

Panama: With more than 40 of the 59 available offices in the Phase 1 building of the Panama Gem & Jewelry Center already accounted for, Erez Akerman, President of the Panama Diamond Exchange (PDE), is visiting the Indian cities of Mumbai and Surat, and then New York, where he is meeting with companies interested in obtaining space in Latin America’s

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Bunder’s Education Initiatives Deliver Strong Results

Bhopal: Rio Tinto’s Bunder project in the central Indian state of Madhya Pradesh announced the results of a number of educational initiatives aimed at improving opportunities for families in the 15 communities surrounding the diamond project. Through a range of coaching initiatives and adult education programs the Bunder project is working towards its goal of enhancing opportunities in the local

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The 31st Edition of IIJS Ended with Success

Mumbai: The 31st Edition of India International Jewellery Show (IIJS) ended today with a success note. The show was organized from 17th to 21st July 2014 by the Gem & Jewellery Export Promotion Council (GJEPC) with over 850 plus exhibitors occupying about 1800 booths from India and Overseas. Over 35,000 genuine buyers from all over India and abroad visited the

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