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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India Pavillion at DJWE Inaugurated

Doha: The Doha Jewellery & Watches Exhibition (DJWE) is hosting a grand India Pavilion at its 20th edition, unveiling an extraordinary showcase of craftsmanship, tradition, and contemporary designs. The India Pavilion, spanning an impressive 216 square metres, features 17 exhibitors and 18 booths, presenting an unparalleled collection of Plain Gold, Studded Jewellery, and Diamond Studded Jewellery. The 20th edition of

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Celebrate Love with Platinum Love Bands

Mumbai: Platinum Love Bands aims to elevate the celebration of Valentine’s Day, with the ultimate symbol of love – rare platinum. Perfect for those ready to embark on a journey of commitment, or mark a big moment in their relationship journey, these bands will make Valentine’s Day truly unforgettable. With the ability to make passersby halt in their tracks, gigantic

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Bharat Diamond Bourse Firefighters Glitter

Mumbai: This year’s All India Fire Service Sports & Fire Service Meet witnessed a blaze of talent from the Bharat Diamond Bourse (BDB) Department of Security & Fire Safety. Held from February 1st to 4th at Gujarat University, Ahmedabad, the event saw 850 firefighters push their limits in various sports and fire drills. The meet kicked off with a Grand

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Gemfields Collaborates with House of Meraki

London: The House of Meraki x Gemfields fine jewellery collaboration is now available for purchase on Net-a-Porter, including exclusive pieces available only on the Net-a-Porter platform. The dazzling new drop of pieces, which has just gone live on the site, is a symphony of rings, bracelets, earrings and necklaces, reflecting House of Meraki’s marriage of modern and traditional influences and

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WFDB Accepts Canada and S. Korea as New Members

Antwerp: The World Federation of Diamond Bourses (WFDB) has accepted the applications for membership of two bourses – the Canada Diamond Bourse and the South Korean diamond exchange. WFDB members approved the applications at the 36th World Diamond Congress in Antwerp which opened yesterday. The Congress is the bi-annual meeting of WFDB and the International Diamond Manufacturers Association (IDMA). The

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Diamond Mfrg. Industry Fighting for Survival: IDMA

Antwerp: “Diamond manufacturers worldwide are fighting for their survival. They are caught between – and battered by – the proverbial hammer, a rough diamond supply system that is foul and faulty – and the anvil, a vertically integrated financial structure that basically continues to bleed them,” Maxim Shkadov, president of the International Diamond Manufacturers Association (IDMA), the representative body of

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Gold Prices Unlikely to Settle due to Iraq Tensions

Mumbai: With the turmoil in Ukraine almost gone from the headlines, gold’s status as a hard asset and storer of wealth in times of trouble lost some of its shine. But as Iraq spirals into all-out war and the US looks in danger of being pulled back into a conflict it has spent the last six years extricating itself from,

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122.52 Carat Blue Diamond Found at Cullinan

Johannesburg: In what is shaping up to be one of most the amazing diamond finds in recent times, a 122.52 ct. blue diamond—the size of a walnut—has been discovered at the Cullinan mine in South Africa, said mine owner Petra Diamonds. Blue diamonds are ultrarare, as are stones weighing more than 100 cts.—making this, as Petra puts it, a “truly

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