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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GIA Reintroduces Paper Certs after Backlash

New York: GIA has bowed to pressure and says it will re-introduce paper certificates, at no extra cost, as of Sunday (9 April), reports idexonline. The move to digital-only Diamond Dossiers, for stones up to 1.99-cts, provoked widespread criticism from retailers, who said some customers were refusing to buy a diamond without one. In a message to clients, GIA (Gemological Institute of America) said it “did

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Bharat Diamond Week Inaugurated

Mumbai: The 4th edition of Bharat Diamond Week (BDW) was launched yesterday at Bharat Diamond Bourse (BDB). Dr. M’zée Fula-Ngenge, Chairman, African Diamond Council was the chief guest along with Mr. CP Singh Chauhan, IRS, Jt Development Commissioner SEEPZ and Mr. Senthilnathan, Chairman ECGC. Dr. Ngenge in his inaugural address spoke on the strong bond that the Indian Diamond Industry

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NDC's Report Reflects Changing Consumer Behaviour

Mumbai: The Natural Diamond Council (NDC) has released the third edition of their Jewellery Trend Report that highlights the upcoming natural diamond trends for the season, with a focus on how these trends bring a new opportunity to start conversations and create consumer desire for these billion-year-old wonders of nature. The report has been compiled with inputs by ‘The Style

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Celebrate 'Vishu' with Platinum Jewellery

Kochi: Vishu, the traditional Malayali spring festival, is a time-honoured celebration of new beginnings and fresh aspirations, observed with great enthusiasm in Kerala and parts of Tamil Nadu. This revered occasion marks the advent of the New Year of the Malayalam calendar. At the heart of this much-anticipated festival lies the spirit of generosity and the exchange of gifts among

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Wesley Tucker to step down as CEO of Tracr

De Beers Group has announced that Wesley Tucker will step down from his role as Chief Executive Officer of Tracr and leave the business at the end of February 2026. Wesley joined De Beers Group in April 2021 as Head of Digital Transformation before taking on the role of CEO of Tracr, the blockchain technology platform and diamond traceability business

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GJC Requests Formation of Gujarat State Level Vigilance Committee

Ahmedabad: The All India Gem and Jewellery Domestic Council (GJC) yesterday informed that it had formally requested the Government of Gujarat to establish a State Level Vigilance Committee dedicated to protecting the interests of jewellers across the state. A high-level delegation from GJC, led by Chairman Mr. Rajesh Rokde, Vice Chairman Mr. Avinash Gupta, Director Mr. Salim Daginawala, ZCM Mr. Avi Shah,

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Before You Buy Gold, Follow the Golden Rule

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organization established by and for the Indian gold industry, has unveiled an exciting new campaign #PehlaCheckIAGES to elevate gold industry standards across the country. The IAGES framework of accreditation was formed with a vision to set the highest standards of integrity and excellence across the entire gold value

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De Beers & GJEPC Leaders Discuss Market Challenges

Mumbai: Mr. Paul Rowley, Executive Vice President, Diamond Trading, De Beers Group, met the GJEPC leadership at the Bharat Diamond Bourse in Mumbai on 28 November. Rowley was joined by Sean Lin, VP Sales, De Beers Group, and Sunil Dias, Diamond Consultant, De Beers. The De Beers officials were received by GJEPC’s leadership including Kirit Bhansali, Chairman; Shaunak Parikh, Vice

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