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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WFDB Concludes the International Summit

Gaborone: The World Federation of Diamond Bourses (WFDB) has concluded its International Summit in Gaborone, Botswana, bringing together senior government representatives, industry leaders and stakeholders from across the global natural diamond value chain to examine the sector’s future amid shifting market dynamics and evolving consumer expectations. Held from 18-19 May in collaboration with Botswana’s Ministry of Minerals and Energy under

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WDHB Opens Nominations for World Diamond Heritage List

Singapore: The World Diamond Heritage Board (WDHB) has announced the official opening of the public nomination phase for the World Diamond Heritage List (WDHL); an inaugural selection of 100 natural diamonds of outstanding historical importance. Nominations are open from May 18 to June 18, 2026. Every person — from industry professionals to diamond lovers — is invited to nominate up

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GJEPC Meets Maharashtra CM to Discuss Key Ind. Priorities

Mumbai: Mr. Kirit Bhansali, Chairman of Gem & Jewellery Export Promotion Council (GJEPC) and Mr. Anoop Mehta, Convener, Diamond Panel & President, Bharat Diamond Bourse (BDB), yesterday met Hon’ble Chief Minister of Maharashtra Mr. Devendra Fadnavis to discuss key priorities concerning the growth and development of the gem and jewellery sector in the state. The discussions focused on strategic initiatives

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India is Committed to Strengthening Credibility in Diamond Sector

Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 concluded in Mumbai under India’s Chairship, bringing together representatives from KP Participants, Observers, industry stakeholders and civil society organizations for four days of deliberations on the future of the natural diamond sector. Welcoming the conclusion of the Intersessional, Union Minister of Commerce and Industry Mr. Piyush Goyal said India, as the world’s

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GJEPC Opens New Office at Zaveri Bazar, Mumbai

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the leading authority in India’s gem and jewellery trade, inaugurated its second office on 1st November, located at Zaveri Bazaar, Mumbai. The opening ceremony was graced by Dr. Harshdeep Kamble, IAS, Principal Secretary of Industries for the Government of Maharashtra, along with Mr. Vipul Shah, Chairman, GJEPC, Mr. Kirit Bhansali, Vice Chairman,

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Land Allocated for Worker Housing Near IJPM

Mumbai: Maharashtra’s Minister of Industry Mr. Uday Samant during his visit to GJEPC and Bharat Diamond Bourse (BDB) announced that the State has taken a decision to allocate additional land adjacent to the Park for India Jewellery Park workers’ residence. India’s first-ever Jewellery Park in MHAPE (Navi Mumbai), spread over 21 acres is expected to create one lakh new jobs. Mr.

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IDE to Hold Special Sales Event in NY with DDC

Ramat Gan: The Israel Diamond Exchange (IDE) has announced that it will hold a special sales event in New York, in collaboration with the New York Diamond Dealers Club, under the headline STAND WITH ISRAEL. The event will be held from November 27 – 30, 2023, on the new trading floor of the DDC. Due to the war with Gaza, the Israeli

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Exclusive Ukrainian Jewellery at GemGenève

Geneva: For the fourth time in a row, the Strong & Precious Art Foundation (S&P) showcases emerging Ukrainian jewelry brands at GemGenève, a small but prestigious biennial gemstone and high-end jewelry exhibition held in Geneva, Switzerland. At GemGenève’s upcoming edition, of November 2 -5, 2023, S&P’s lineup includes jewelry brands Nomis, Drutis Jewellery, Yuval Studios, Inesa Kovalova, and Zhernov Artifactory, all of which participated in previous editions of

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