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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GJEPC Explores Partnership with France’s Luxury Sector

Mumbai: India and France are looking to strengthen their ties in the luxury sector, as they held a meeting on 28th February to discuss the opportunities and challenges of collaboration. The meeting was attended by Mr. Eric Fajole, Trade Commissioner at the Embassy of France in India, and Mr. Ashish Kothari, Co-Convener, SEZ Sub-Committee, GJEPC, along with other representatives from

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WFDB Calls to Action Regarding G7 Diamond Restrictions

Antwerp: The World Federation of Diamond Bourses (WFDB) has launched a campaign to unite the industry in presenting its concerns regarding the proposed G7 restrictions on diamonds. The WFDB has sent out a letter recently to the G7 and EU government representatives, detailing the challenges that the “one import node” solution creates for the industry. In addition to the signature

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Lighthouse invests Rs. 284 Cr. in Kushal’s

Bengaluru: Lighthouse India Fund IV AIF has invested INR 284 crores in Kushal’s, India’s leading fashion and silver jewellery brand.  Kushal’s is the first investment by Lighthouse from its newly raised, fourth private equity fund. This round also includes a secondary buy-out providing part exit to its first institutional investor India SME Investments, which invested in 2019. Founded in 2006

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GJNRF Wins ‘NGO Leadership Award’

Mumbai: Gem & Jewellery National Relief Foundation (GJNRF), the apex body coordinating the common social intervention efforts of the gem and jewellery industry in India, was conferred with the NGO LEADERSHIP AWARD at the prestigious 13thWorld CSR Day Awards organised by World CSR Congress and certified by the World Federation of CSR Professionals. The award was received by GJNRF Jt.

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IAGES Directory Brings Verified Partners on One Platform

Mumbai: The Accredited Partner Directory launched by the Indian Association for Gold Excellence and Standards (IAGES) in November, 2025, has gained significant momentum among consumers and gold businesses since its inception. This one-stop digital platform now hosts a growing network of over 700 IAGES partner outlets across 200 cities, allowing consumers to find verified, trusted jewellers nearest to them before

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De Beers Sets out Portfolio & Organizational Actions to Support Long-Term Value Creation

London: De Beers Group is advancing delivery of its business streamlining by setting out a number of planned portfolio and organisational changes to ensurean efficient cost base that strengthens resilience in the near-term while enhancing future competitiveness and retaining optionality as industry conditions improve. Since 2024, De Beers has been streamlining its business in line with its Origins strategy to

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Kering Holds 2nd “Kering Generation Award X Jewelry” Ceremony

Milan: The second edition of the Kering Generation Award X Jewelry took place on July 9, 2026, at the luxury group Kering’s headquarters in Paris during Paris Haute Couture Week. The World Jewellery Confederation (CIBJO) is a partner of Kering in the awards, which aim to support visionary talent whose work demonstrates excellence in sustainable design and practices in jewellery-making.

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41st World Diamond Congress Kicks Off in Singapore

Singapore: With almost every seat taken in the Atrium Ballroom of Singapore’s Park Collection Hotel in City Island’s Marina Bay district, the 41st World Diamond Congress kicked off on July 13. In his welcome speech, Fabio Cascapera, Chair of the Congress Organising Committee and President of the Diamond Exchange of Singapore (DES), noted that since the 24th World Diamond Congress was held in Singapore

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