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

Read More »

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

Read More »

Top News

Mehul Shah Elected President of WFDB

Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and 6 affiliated members.  The election took place on Monday, July 12, during the ongoing World Diamond Congress in Singapore.  Leaders of the 21

Read More »

HRD Design Awards Coming to India

Mumbai: For 40 years, the HRD Design Awards have celebrated the world’s finest jewellery design talent. Now, for the first time in its history, the awards are coming to India. Designers, jewellers, students, goldsmiths, and creative talents from around the world are invited to submit their entries and compete on a global stage. THEME “Where Earth Meets Eternity Born from the

Read More »

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

Read More »

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

Read More »

GJEPC Holds Stall Allotment for Inaugural IIJS Tritiya

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) conducted the stall allotment procedure for its brand new Bengaluru-based show IIJS Tritiya, at Jio World Centre in Mumbai on 19th December. Some 1500+ booths were allocated to 800+ exhibitors on the same day through a transparent process via an online platform that provided a real-time view of the booths being

Read More »

India's Platinum Jewellery Sales Grow by 35%: PJBR

Hong Kong: Despite global geopolitical and economic challenges and the dampening effect of COVID-19, strategic efforts by Platinum Guild International (PGI) to boost sales and heighten the desirability of precious platinum have forged upswings in key markets, as evidenced by the Platinum Jewellery Business Review (PJBR) Q3 2022. “PGI’s mission to boost the desirability of platinum and drive sales for

Read More »

CBI Files 3 New Cases against Mehul Choksi

Mumbai: India’s Central Bureau of Investigation (CBI) filed three FIRs on Friday against fugitive Mehul Choksi for cheating and causing a loss of ₹6,800 crore to a consortium of banks. All the FIRs are filed by Mr. Vijay Wadhwa, Deputy General Manager of Punjab National Bank (PNB) on March 21, 2022. The first one states that Mehul Choksi, director of

Read More »

Stage Set for Nirav Modi's Extradition to India

London: In his appeal, Nirav Modi argued that there was a high risk of suicide if he was extradited to India to face trial in the multi-crore PNB scam case. Diamond merchant Nirav Modi, accused in the Punjab National Bank (PNB) fraud and money laundering case, suffered another setback in his legal battle against his extradition to India. The High

Read More »

Latest Videos