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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
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
Top News
GJEPC Urges Simpler Path to Gold Monetization
Mumbai: India’s gold monetization efforts must focus on simplicity, trust and convenience if the country is to unlock the vast stock of idle household gold, said Khushboo Ranawat, Regional Chairperson – West, and Member – National Exhibitions, GJEPC, during a panel discussion at the ‘India’s Gold Revolution: Monetization, Tokenization & Financial Transformation’ seminar organized by the Bombay Chamber of Commerce &
GJEPC Hosts U.S. Senators, State Lawmakers for Industry Dialogue
Mumbai: Against the backdrop of deepening India-U.S. trade ties, GJEPC hosted a delegation of U.S. senators, state legislators and National Conference of State Legislatures (NCSL) officials at its Mumbai headquarters on 22nd June to provide an overview of India’s gem and jewellery industry and discuss key sectoral trends. The delegation comprised Wayne Harper, President Emeritus and President Pro Tempore, National Conference
Jewellery Crafts Design Competition at IIJS Bharat-Premiere 2026
Mumbai: IIJS Bharat – Premiere 2026 invites you to participate in the “Jewellery Crafts Design Competition”, presented under this year’s Brilliant Bharat – “Music of India” theme. For the 42nd edition of IIJS Bharat – Premiere, exhibitors are encouraged to create jewellery inspired by India’s rich and diverse musical heritage. From classical ragas, folk traditions, devotional music, and regional instruments
PGI (India) Strengthens its Consumer Visibility
Mumbai: Platinum Guild International (PGI) India has announced a focused hyperlocal activation programme ahead of the upcoming wedding season, aimed at strengthening consideration for platinum jewellery across key markets. The programme will run from mid-June to mid-July 2026. Designed to deliver high reach and frequency across premium catchments, the initiative aims to increase visibility for platinum jewellery closer to key
World Gold Council India CEO to Step Down
Mumbai: The World Gold Council (WGC) has announced that Mr. Somasundaram PR, Regional CEO, India, will step down from his current position next year when his successor has been appointed. Mr. Somasundaram PR joined the WGC in January 2013 and during the last decade has played an instrumental part in supporting many of the India gold market’s structural reforms, from
Augmont Partners with Leading Brands
Mumbai: Augmont, India’s Gold Platform has forged strategic partnerships with some of the most esteemed brands like Home Credit, Kalyan Jewellers, PNG, ONeCode, and EbixCash to promote Digital Gold as a product. These collaborations are a significant step towards Augmont’s vision of revolutionising how customers engage with Digital Gold investments. Augmont has always been committed to innovation, and its belief
Plot Allotted for Jaipur Gem & Jewellery Bourse
Jaipur: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex trade body sponsored by the Ministry of Commerce & Industry, Govt of India has teamed up with the Jewellers Association Jaipur (JAJ) to form a special purpose vehicle (SPV), Jaipur Gem & Jewellery Board (JGJB) to implement the first-of-its-kind Jaipur Gem & Jewellery Bourse ‘dream project’. This global gemstone
Govt. of Wallonia invests €250,000 in iTraceiT
Hennuyeres, (Wallonia, Belgium): iTraceiT, an independent, third-party company specializing in traceability solutions and the creator of the world’s first digital diamond passport, has received a grant of €250,000 from the Walloon government’s investment fund W.IN.G (Wallonia Innovation and Growth). The funding will contribute toward the expansion of iTraceiT’s marketing and sales program and the company’s foothold in India and the
