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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Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone

Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at

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Sky Gold & Diamonds Acquires Purvi Gems

Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is

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‘UNNATI’ to Power Women in G&J Industry

Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI

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QDE Widens its Scope with CIBJO Membership

Doha: The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO, the World Jewellery Confederation (CIBJO), the international jewellery industry’s principal representative and standards-setting body. QDE joins as a National Association Member, extending the exchange’s international standing beyond the diamond trade into the wider diamond, coloured gemstone and jewellery sector. QDE’s membership was approved in CIBJO’s centenary year.

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CIBJO Congress in Armenia, Oct 26-28 2016

Milan: CIBJO, the World Jewellery Confederation, will hold its 2016 annual congress in Yerevan, Armenia, October 26-28, 2016, with pre-congress meetings on October 24 and 25. The congress will be hosted by Armenian Jewellers Association (AJA), a non-governmental organization that since its inception in 1998 has worked to connect Armenian jewellers to their counterparts and markets around the world, and

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TBZ Announces Q4 & 2015-16 Results

Mumbai: Tribhovandas Bhimji Zaveri Limited (“TBZ”), India’s renowned and trusted jewellery retailer with a legacy of over 150 years, reported its audited results and financial performance for the fourth quarter and full financial year ending 31st March, 2016. Key Highlights: In Rs crores Q4 FY16 Q4 FY15 % YoY FY16 FY15 % YoY   Total Income from Operations 305.16 463.01

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Rio Tinto’s Largest Violet Diamond from Argyle

Perth: Rio Tinto’s Argyle Pink Diamonds business has unveiled the largest violet diamond recovered from the Argyle mine in Western Australia. The 2.83 carat polished oval shaped diamond, known as The Argyle Violet, will be the dazzling centre piece of the 2016 Argyle Pink Diamonds Tender, the annual showcase of the rarest diamonds from the Argyle mine. Argyle Pink Diamonds

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Diamond Producers to Participate in WDC

Antwerp: Exactly two weeks before the start of the 37th World Diamond Congress (WDC), the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), organizers are putting the final touches to the meeting schedule. Among the issues to be discussed at the Congress is the work and approach of the diamond producers,

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