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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India’s G&J Exports Stood at US$ 4.27 Bln in April–May 2026

Mumbai: India’s gem and jewellery exports stood at US$ 4.27 billion (Rs. 40,398.97 crore) during April–May 2026 as compared to US$ 4.55 billion (Rs. 38,848.42 crore) during the corresponding period of the previous year. While overall exports declined by 6.03% in dollar terms, they registered a growth of 3.99% in rupee terms. The figures are provided by India’s Gem &

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Fraudulent Filling of Fissures in Emeralds

Basel: Based on a number of recent cases, the Swiss Gemmological Institute SSEF is issuing a trade alert concerning a fraudulent practice that has resurfaced in the emerald market. It concerns the filling of fissures in stones after they have been tested, with the emerald stone being offered for sale along with the earlier report that indicated little or no

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Global Jewellery Industry Meets at IIJS Bharat Premiere 2026

Mumbai: Over 2,700+ international visitors from 80+ countries & 50,000+ trade visitors are set to converge in Mumbai for the most anticipated gathering of the global jewellery industry. Among them is Suzan Von Zahn of SVZ Jewellery, South Africa, who shares her excitement about attending IIJS Bharat Premiere 2026 and exploring the exceptional craftsmanship and business opportunities the show has

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A Golden Milestone in India–Oman Trade Relations

Kolkata: Marking a significant step in strengthening bilateral trade ties, the first gold jewellery export shipment from Kolkata to Oman was successfully dispatched under the India–Oman CEPA framework. India’s gems & jewellery exports to Oman currently stand at -USD 35 million, including ~USD 10 million in gold jewellery. Exports could reach nearly USD 150 million over the next three years.

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India's G&JExports Down 20% in April

Mumbai: India’s gems & jewellery exports slumped for a fourth consecutive month in April, owing to weak global demand and seasonal adjustments. Data compiled by the Gems and Jewellery Export Promotion Council (GJEPC) showed these exports plunged 20 per cent to $1,979 million in April from $2,476 million in the corresponding month last year. These exports started falling in January,

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April-May Platinum Jewellery Sales Up 30% in India

Mumbai: Platinum jewellery purchase has outpaced gold during the initial two months of the current fiscal year. The platinum jewellery sales during April to May this year surged higher by 30% over the previous year. The strong growth in sales was primarily driven by sharp plunge in platinum prices relative to gold and growing demand for bridal jewellery and chains.

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2,000-year-old pearl found in Western Australia

Perth: Archaeological excavations undertaken by the University of Wollongong (UOW) and the University of New England (UNE) on the north Kimberley coast of Western Australia have led to the discovery of a 2,000-year-old natural marine pearl, UOW said in a media release. The Brremangurey Rockshelter in the Admiralty Gulf contains over 12,000 years of Indigenous history, including shell middens and

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12th Edition of Jovella Opens on June 30

Tel Aviv: The 12th edition of JOVELLA, Israel’s international jewelry and diamond exhibition, will be held on June 30 – July 1, 2015 at Tel Aviv’s Trade Fairs and Convention Center. JOVELLA, the leading event of the jewelry industry in Israel, offers both domestic and foreign buyers an opportunity to explore Israel’s diamond and jewelry industries, to meet some of

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