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

Read More »

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

Read More »

Top News

Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund

Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President

Read More »

GJEPC Showcases India’s Craftsmanship at JCK Las Vegas

Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning

Read More »

Edward Asscher Re-Elected as RJC Vice Chair

London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run

Read More »

NDC Welcomes GJEPC Membership

Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second

Read More »

De Beers Finds a Diamond within Diamond

London: A De Beers sightholder found an “anomaly” in one of its parcels: a diamond encased within another diamond. India-based VD Global discovered the 0.329-carat, D-color, type IaAB diamond, named the Beating Heart, in October, and returned it to De Beers for testing, the miner said last week. The stone originated from one of De Beers’ mines in Botswana, Canada,

Read More »

GIA to Join De Beers' Tracr Blockchain Platform

London: The Gemological Institute of America (GIA) will join De Beers’ Tracr, the world’s first distributed diamond blockchain platform. The diamond group said GIA’s participation in Tracr will enable the world’s leading diamond grading laboratory to include an immutable record of the provenance of polished diamonds in its diamond grading reports for the first time, as the industry moves towards

Read More »

GIA Reintroduces Paper Certs after Backlash

New York: GIA has bowed to pressure and says it will re-introduce paper certificates, at no extra cost, as of Sunday (9 April), reports idexonline. The move to digital-only Diamond Dossiers, for stones up to 1.99-cts, provoked widespread criticism from retailers, who said some customers were refusing to buy a diamond without one. In a message to clients, GIA (Gemological Institute of America) said it “did

Read More »

Bharat Diamond Week Inaugurated

Mumbai: The 4th edition of Bharat Diamond Week (BDW) was launched yesterday at Bharat Diamond Bourse (BDB). Dr. M’zée Fula-Ngenge, Chairman, African Diamond Council was the chief guest along with Mr. CP Singh Chauhan, IRS, Jt Development Commissioner SEEPZ and Mr. Senthilnathan, Chairman ECGC. Dr. Ngenge in his inaugural address spoke on the strong bond that the Indian Diamond Industry

Read More »

Latest Videos