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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Top News

Augmont Gold For All Wins Top Honours

Mumbai: Augmont Gold For All, one of India’s largest fully integrated Gold-Tech companies, announced its double victory at the India Gold Conference 2023-24. The company has secured two of the industry’s most prestigious awards: Leading Gold Bullion Refiner (All-India) of 2023-24 and Innovative Digital Gold Player of 2023-24. These accolades underscore Augmont’s dominance and pioneering spirit in the gold market. The

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PNG Jewellers’ IPO Opens on 10th September

Mumbai: P N Gadgil Jewellers Ltd. (the “Company”) proposes to open its initial public offering (“Offer“) on Tuesday, September 10, 2024. Bid/ Offer Closing Date will be Thursday, September 12, 2024. Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, that is, Monday, September 09, 2024.  The Price Band of the Offer has been fixed from ₹456

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Celebrate Onam with Platinum Jewellery

Kochi: Onam, a festival that symbolizes new beginnings and the promise of prosperity, brings with it the perfect opportunity to celebrate with something truly special. As families gather to create vibrant Pookalams, share the sumptuous Onam Sadhya, and celebrate the legendary return of King Mahabali, there’s no better way to elevate your festivities than with the timeless beauty of platinum

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CIBJO to Hold 4 Seminars at Sep. VICENZAORO

Milan: CIBJO’s popular Jewellery Industry Voices webinar and seminar series will continue at the VICENZAORO show in Vicenza, Italy, with four hybrid seminars – in person at the Palladio Theatre at the Fiera di Vicenza exposition centre, and simultaneously live streamed. They will take place on Sunday, September 8, 2024.   The event is being hosted by the VICENZAORO organizer, the

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GJEPC Employees Embrace Hindi in Nationwide Language Competition

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) conducted a special programme to encourage greater use of Hindi among its employees on 12 June. As part of this initiative, a Hindi Sentence Formation and Translation Competition was organized across various GJEPC offices. The objective of the contest, organised by the Council’s Rajbhasha (Official Language) Department, was to motivate employees to use

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Gemfields Successfully Completed Rights Issue

London: Gemfields Group Limited (GGL) has successfully completed its fully underwritten Rights Issue, raising approximately USD 30 million through the issuance of 556,203,396 new shares. The capital raise was initially announced on April 11, 2025. The Rights Issue received strong investor interest, with valid acceptances submitted for 458,330,512 new shares—representing around 82.40% of the total offering. The remaining 97,872,884 shares

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New Method Discovers Unknown Precious Coral Species

Zurich: A refined DNA-based method to distinguish look-alike “precious corals” used in luxury jewellery, developed by a joint team from the Swiss Gemmological Institute SSEF and the Zurich Institute of Forensic Medicine at the University of Zurich, has uncovered a precious coral species hitherto unknown in the gem trade and to science. It belongs to the Pleurocorallium norfolkicum species complex. “Several precious

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GJEPC Expresses Deep Sorrow over Vijay Rupani’s Demise

Mumbai: The former Chief Minister of Gujarat Mr. Vijay Rupani has died in the ill fated plane crash yesterday. He was travelling to London from Ahmedabad by an Air India flight. India’s Gem & Jewellery Export Promotion Council (GJEPC) has expressed profound grief over the untimely and sad demise of the departed leader. The condolence message issued by the GJEPC

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