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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
PGI’s BSM 2024 is Shaping Industry’s Future
Kochi: Platinum Guild International (PGI) India concluded yet another successful edition of its annual ‘Platinum Buyer-Seller Meet,’ on the 4th and 5th of July 2024. Every year, the prestigious event, brings together the leading names from across the jewellery industry and offers them a platform to collaborate and work towards collective business development for platinum. Held at the Grand Hyatt,
Shankar Mahadevan to Enthrall IIJS Networking Night
Mumbai: Shankar Mahadevan, the celebrated Indian singer and composer will enthrall the audience at the IIJS Networking Night on 8th August, 2024. The musical event is supposed to be unforgettable experience! Work hard and party even harder as you connect with buyers and live candid moments together. Shankar Mahadevan is among the greatest Indian vocalists alive, having risen to fame
GJEPC Targets Key Bangladesh Retailers
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has launched an extensive visitor promotion campaign for the upcoming IIJS Premiere 2024 in Bangladesh from 6th to 13th July. Mr. Kaushik Ghosh, Assistant Director Kolkata, GJEPC, is actively engaging with executive members of the Bangladesh Jewellers Association (BAJUS) to highlight the significance of this year’s IIJS Premiere. The promotion is
IIJS Celebrating 4 Decades of Global Business
Mumbai: India is the world’s 4th largest exporter of gold jewellery and the India International Jewellery Show (IIJS) is your ultimate destination to connect with the top gold jewellery manufacturers who are redefining the landscape of gold jewellery designs and making waves with their creative ingenuity, blending tradition with contemporary style. The show is being organized by India’s Gem &
WGC Launches ‘It’s Aaj ka Gold’ Campaign
Mumbai: The World Gold Council (WGC) recently announced the launch of its first India-focussed gold ETF campaign, built around the powerful core message ‘It’s Aaj Ka Gold’ (means ‘Today’s gold). The campaign is aimed at modernizing gold investment for the nation’s digital-savvy young investors. The campaign aims to address the awareness–action gap and reinforce the accessibility, liquidity and strategic relevance
GJSCI’s Initiative on Tribal Youth Empowerment
Mumbai: The Shrimad Rajchandra Skill Development Centre, set up in partnership with the Gem & Jewellery Skill Council of India (GJSCI) in September 2022, is helping tribal youth in Dharampur, Valsad, in southern Gujarat build sustainable careers in the gem and jewellery sector. The centre offers training in jewellery CAD design, a key skill in modern jewellery manufacturing. Supported by
Zen Diamond Opens Store in Chandigarh
Chandigarh: Zen Diamond continues to expand its presence in India with the opening of its latest boutique at Nexus Elante Mall, Chandigarh. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Bengaluru with two stores, Zen Diamond now brings its hallmark of exquisite craftsmanship and modern design to North India.
Rio Tinto Concludes Its Final Beyond Rare Tender
Perth: Rio Tinto has brought its celebrated Beyond Rare Tender series to a close, presenting 52 lots of exceptional fancy colour diamonds sourced from its Australian and Canadian mines. Titled “Into The Light,” the event was the third and final edition in Rio Tinto’s annual Art Series. With the Argyle Diamond Mine having ceased operations in 2020 and the Diavik
