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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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

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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

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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

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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

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PGI Launches New Campaign for Platinum Season of Love

Mumbai: Platinum Guild International (PGI) India announces the of launch of its signature annual retail activation– Platinum Season of Love, a month-long initiative from 6th May 2022 to 5th June 2022. Emboldened by the immense success of its previous editions, this fifth edition of Platinum Season of Love, brings together all 3 brands of platinum to celebrate choosing love first as we

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IGJS 2022: Reaffirming India as Jeweller to the World

Jaipur: The Gem & Jewellery Export Promotion Council (GJEPC) successfully kickstarted the IGJS 2022 in association with Gemfields in India’s colored gemstone capital, Jaipur today. It is the first ever gem and jewellery physical event hosted exclusively for international buyers in India to increase exports and to exemplify India’s strong hold on the G&J industry. The show was graced with the

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GJEPC Organised Outreach Program

Surat: India’s Gem & Jewellery Export Promotion Council (GJEPC), the nodal agency appointed by the Ministry of Commerce & Industry to organise state outreach programs for the gem & jewellery industry on the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and India-Australia Economic Cooperation and Trade Agreement (ECTA), held the first such outreach program in Surat on 5th May, 2022. The objective

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Indian Economy May Take 12 Years to Recover: RBI

Mumbai: The Indian economy may take more than a decade to overcome the losses emanating from the COVID-19 pandemic, said a report published by the Reserve Bank of India. In an analysis of the impact of COVID-19 on the economy, the report has estimated the output losses during the pandemic period at around ₹ 52 lakh crore. The perturbations from repeated waves

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