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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Isidore Mörsel Re-Elected President of AWDC

Antwerp: In the wake of Antwerp World Diamond Centre’s (AWDC) Board elections held two weeks ago, the organization recently announces the confirmation of Isidore Mörsel as President of the Board. Mörsel succeeds himself while Ravi Bhansali, who is joining AWDC’s Board for the first time, was appointed Vice-President. Isidore Mörsel, who is deeply respected within the Antwerp diamond community and

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JOSH Convocation Ceremony Held

Mumbai: JOSH (Jewellery Occupational Skilling Hub) an initiative of GJSCI which Imparts Skills to individuals which primarily focuses on Training Candidates from deprived backgrounds of Society.  A Convocation ceremony was held on 27th June, 2024 to felicitate 115 candidates, the pass outs of the 7th Regular batch of Candidates as well as the 1st batch of students from the Specially

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Piyush Goyal Commends Bharat Ratnam’s world-class status

Mumbai: India’s Minister Piyush Goyal visited Bharat Ratnam – Mega CFC on June 29th 2024, a project of the Gem & Jewellery Export Promotion Council (GJEPC) and SEEPZ. During the event, GJEPC highlighted its strategic initiatives, which have significantly contributed to the resilience, growth, and stability of the Indian gem and jewellery industry amidst global challenges. The event, held at the

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Gem-A’s New Issue of The Journal of Gemmology

London: The Gemmological Association of Great Britain (Gem-A) has launched the latest issue of its academic publication, The Journal of Gemmology (Volume 39, No. 2, 2024). Released digitally on June 25, this issue contains news and research from the international gemmological community, including an article focusing on the geographic origin determination of high-quality green jadeite-omphacite jade from Myanmar, Guatemala and Italy. The

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GJEPC Signs Historic ‘Luanda Accord’

Luanda: India’s Gem & Jewellery Export Promotion Council (GJEPC) has signed yesterday ‘The Luanda Accord’ in Luanda, Angola alongside the Mining Ministers of Angola, Botswana, South Africa, and Namibia, in collaboration with prominent industry bodies such as AWDC, Belgium, DMCC, Dubai, and De Beers. As the leading global organization driving the international growth of the jewellery industry, GJEPC’s efforts are

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Emmanuelle Nodale Appointed as Brand CEO, De Beers

London: De Beers Group today announced the appointment of Emmanuelle Nodale as Brand CEO, De Beers London, as the brand enters a new phase of global expansion and strategic evolution as part of the Group’s Origins strategy. With over 20 years of expertise in shaping and developing global brands, Nodale is recognised for her strategic leadership and ability to translate

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New Collaborations, Partner Alignments Expected from PGI’s Upcoming BSM

Mumbai: Platinum Guild International (PGI) is organizing its annual Buyer Seller Meet (BSM) in Kochi on 26-27 June. The 8th edition of India Buyer-Seller Meet is an exclusive, invitation-only event focused on fostering collaboration and business opportunities between platinum jewellery retailers and manufacturers. It serves as a platform for showcasing innovative designs, finalizing orders, and building partnerships ahead of key

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Gemfields Generates $31.7m from Auction of Mixed Ruby

London: Gemfields has reported good demand for fine-quality rubies on yesterday in spite of market turbulence, with its latest mixed-quality ruby auction generating $31.7m in revenue. “Demand and pricing for fine-quality rubies remain strong,” said Adrian Banks, Gemfields’ MD of product and sales. “Today’s auction result demonstrated the resilience of rubies in turbulent times,” he said. The auction, held between

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