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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20 under 40: Celebrating the Next Generation of Leaders

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)’s 20 Under Forty Awards celebrate exceptional young leaders shaping the gem and jewellery industry. The GJEPC recently opened nominations for the 2026 edition. Honorees will be recognized at IIJS Bharat – Premiere 2026, being held August 5–9 at the Jio World Convention Centre and August 6–10 at the Bombay Exhibition Centre

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GJEPC Gears Up Industry for India–UK CETA Rollout

Mumbai: The implementation of the landmark India–UK Free Trade Agreement (FTA) on 15 July 2026 marks a transformative milestone for India’s gem and jewellery industry, opening the door to significantly greater market access, enhanced competitiveness and accelerated bilateral trade with one of its key export markets. With zero-duty access for nearly 99% of Indian exports to the UK, the agreement

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Global Gold City Project Announced

Hyderabad: Goldsikka Limited, a Hyderabad based Company, has introduced the Global Gold City Project (GGC), a pioneering initiative to establish India’s first integrated gold ecosystem. This project will consolidate mining, refining, trading, manufacturing, and digital infrastructure into a single hub, positioning India as a global leader in the gold industry. The project’s main objective is to Build a world class gold

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P N Gadgil Jewellers Reports Revenue Growth of 41% YoY

Mumbai: P N Gadgil Jewellers has recently announced its quarterly results. The Company delivered a strong performance in Q1 FY27, reporting robust revenue growth of 41% YoY. The Retail segment grew 56% YoY, with robust same-store sales growth (SSSG) of 46% YoY as the primary driver, indicating that the growth was substantially organic in nature, driven by deeper customer engagement

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Price of Fancy Color Diamonds Rose 1.0% in Q3 2022

Ramat Gan: The Israel-based Fancy Color Research Foundation (FCRF) said the average price of all colours and sizes of fancy colour diamonds climbed by 1.0% in Q3 2022. This follows an increase of 0.8% in Q2 2022. This climb was in contrast to the trend in white diamonds, which declined by 6.7%, FCRF said. Fancy Vivids across all colour categories

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Bigger and Brighter JGT Dubai from 12th Feb 2023

Dubai: Building on the success of its maiden edition, Jewellery, Gem & Technology Dubai (JGT Dubai) is returning to the Dubai World Trade Centre (DWTC) from 12 to 14 February 2023 with more world-class exhibitors, product introductions and the second annual JWA Dubai Awards Presentation Ceremony and Panel Discussion. Designed around the show theme, “The Centre of Business,” and positioned

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Gaetano Cavalieri to Get IPMI Jun-ichiro Tanaka Award

Milan: The Awards Committee of the International Precious Metals Institute (IPMI) has named Gaetano Cavalieri, President of CIBJO, the World Jewellery Confederation, as the recipient of the 2023 IPMI Jun-ichiro Tanaka Distinguished Achievement Award. It its announcement, the IPMI Awards Committee recognized Dr. Cavalieri as “one of the most prominent leaders in the international jewellery industry, which includes more than

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NDC Launches New ASSURE 2.0 Program Online Portal

Mumbai: The Natural Diamond Council (NDC) has announced the launch of the new ASSURE 2.0 online portal. The updated portal enables all purchasers of Diamond Verification Instruments (DVI) to browse through the Directory, understand the features and analyse the results of the new series of ASSURE testing. Every Diamond Verification Instrument has unique benefits and choosing which device to purchase

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