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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De Beers Shares Latest Research on US Consumer Trends

London: Natural diamonds are the most desired luxury jewellery product, average purchase prices have increased 25%, Gen Z is now the second largest generation buying diamonds, and non-bridal occasions account for three-quarters of overall US demand. These are some of the key findings of De Beers Group’s latest US Diamond Acquisition Study, featuring responses from 18,500 women aged 18 –

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FTAs Offer Immense Export Opportunity for Indian Jewellery

Jaipur: The Department of Commerce, Ministry of Commerce & Industry, Government of India recently organized a focused outreach programme on “Leveraging FTAs for the Gems & Jewellery (G&J) Sector” in Jaipur, in partnership with the Gems & Jewellery Export Promotion Council (GJEPC). Exporters, manufacturers, MSMEs and other industry stakeholders participated in the programme. The workshop is part of the Government’s

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Golconda & Ancient Diamonds: A Historical Perspective

Singapore: On the third day of 41st World Diamond Congress, on July 15, distinguished jewellery historian and author, Dr. Usha Balakrishnan, of Mumbai, India, will be presenting a lecture entitled “Golconda and Ancient Diamonds – A Historical Perspective. ” “For nearly 2,000 years, every diamond the world had ever seen came from a mystical land, now known as India. These

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Call for African Unity to Defend Natural Diamond Industry

Freetown, Sierra Leone: Against a backdrop of mounting concern over the future of Africa’s diamond sector, ministers from leading diamond-producing nations convened in Freetown, Sierra Leone, on May 20, 2026, to address a challenge that is rapidly transforming the global jewellery landscape—the growing dominance of laboratory-grown diamonds. A key voice at the Council of Ministers meeting of the African Diamond

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GJSCI to Begin Worker Training in SEEPZ, Mumbai

Mumbai: Gem & Jewellery Skill Council of India (GJSCI) inaugurated the Jewellery Occupational Skilling Hub on 3rd May, 2022, for undertaking training in setting, filing and polishing, in SEEPZ, Mumbai. The training will be conducted in a batch of 25 persons for each process for a period of three months. An allowance of Rs. 5000 per month will be paid

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Coin Collection Featuring Argyle Pink Diamonds

Perth: The Royal Canadian Mint has unveiled the Opulence Collection consisting of numismatic masterpieces featuring pink diamonds from the famed Argyle mine. This new collection, headlined by the one-of-a-kind Ultimate, a 1kg pure platinum pink diamond coin, was unveiled at the Ottawa Art Gallery. Marie Lemay, President and CEO of the Royal Canadian Mint, said, “The Royal Canadian Mint’s reputation

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WDC Mourns the Demise of Sanjay Shah

New York: The World Diamond Council (WDC) mourns the untimely loss of Sanjay Shah, a serving member of its Board of Directors, who passed away in New York on April 29, 2022. Joining the WDC Board in November 2021, as the representative of India’s Gem & Jewellery Export Promotion Council (GJEPC), Mr. Shah was a long-time member of GJEPC’s Kimberley

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GJEPC to Organise its 1st Ever IGJS in Jaipur

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organising the first ever international physical show post pandemic – International Gem & Jewellery Show (IGJS), from 10th to 12th May 2022, in the pink city Jaipur, at the Jaipur Exhibition and Convention Centre (JECC). IGJS is a by-invitation show exclusively for the international buyers. Gemfields is the associate partner

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