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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Senco Gold Opens Store in Bhubaneshwar

Bhubaneshwar: Senco Gold & Diamonds marked the beginning of the festive season with the grand launch of its flagship Janpath store in Bhubaneswar, inaugurated by actor Ms. Rakul Preet Singh. The occasion brought together festive glamour, timeless craftsmanship and contemporary design, offering customers an early glimpse into the season’s most coveted jewellery trends, from statement natural diamond creations for weddings

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Ekati Diamond Mine to Close Following Unsuccessful Sale Process

Toronto: Canada’s Ekati diamond mine is set to cease operations after owner Burgundy Diamond Mines failed to secure a buyer for the asset during a court-supervised sale process. According to documents filed with the Supreme Court of British Columbia, the sale process did not attract any compliant bids, leaving the company without the funding needed to continue operations. Burgundy has

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IIJS Bharat Premiere Receives Message from PM

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 42nd edition of IIJS Bharat – Premiere from 5th to 9th August 2026 at Jio Convention Centre, BKC and from 6th to 10th August at the NESCO, Goregaon, Mumbai. On this occasion, India’s Prime Minister Mr. Narendra Modi has sent a special message to the GJEPC wishing the

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IIJ Awards on 2nd October in Mumbai

Mumbai: The India International Jewellery Awards (IIJA), an initiative by IBJA (India Bullion and Jewellers Association Ltd.) & Tefla’s is back—bringing together industry excellence, inspiring stories, and a distinguished celebrity jury. A $90B+ industry — and until now, no single honour platform that recognized all of it: from the master karigar at the workbench to the global icon whose work

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GIA Bans Five Indian Companies

Mumbai: The Gemological Institute of America has banned five Indian companies from further submissions to its grading lab, alleging they inscribed diamonds with GIA report numbers not associated with those gems, reports jckonline. “We reasonably suspect that stones submitted under your client account, and other accounts for which we believe you to be partnered, have been inscribed with preexisting GIA

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6th IIJW Inaugurated in Mumbai

Mumbai: The much awaited 6th edition India International Jewellery Week (IIJW) was inaugurated on Monday by the Bollywood actress and Brand Ambassador of the Gem & Jewellery Export Promotion Council (GJEPC) Ms. Sonam Kapoor in presence of Mrs. Amruta Fadnavis, designer-cum-politician Ms. Shaina NC, Chairman of the GJEPC Mr. Vipul Shah, Convener of the IIJW Mr. Sanjay Kothari and other

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Dev Shetty Conferred with ‘Bharat Gaurav’ Award

Mumbai: Mr. Dev Shetty, Chief Operating Officer of Gemfields – the world’s largest supplier of coloured gemstones, was recently felicitated with “Bharat Gaurav Award” at the British Parliament. “Bharat Gaurav Award” is prestigious award for Indians, from all over the World who have achieved overwhelming success in their respective field and made India proud globally. Mr. Shetty was felicitated for

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RapNet Partners with IIJS 2015

Mumbai: RapNet has announced in partnership with the Gem & Jewellery Export Promotion Council (GJEPC), that the popular RapNet Show Listings service is now available for this year’s India International Jewellery Show (IIJS) taking place August 6 to 10, 2015. RapNet Show Listings is an online tool and mobile app enabling buyers to find diamonds and suppliers at major trade

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