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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Kirit Bhansali Appointed as Nominee Director on IAGES Board

Mumbai: Mr. Kirit A. Bhansali has been appointed as the Nominee Director on the Indian Association for Gold Excellence and Standards (IAGES) Board, effective from11th May 2026. Mr. Bhansali, Chairman of India’s Gem & Jewellery Export Promotion Council (GJPEC) is a well-known personality in the Indian diamond and jewellery industry. He is a partner in Smital Gems, a leading diamond

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NDC Welcomes Rulings from ASA

London: Natural Diamond Council has welcomed two rulings from the UK’s advertising watchdog backing its efforts to protect consumers from misleading adverts of synthetic diamonds. The not-for-profit organisation, which exists to promote and protect the integrity of the global natural diamond industry, complained to the Advertising Standards Authority (ASA) about adverts by two retailers that failed to mention their products

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Second edition of “TREASURES” in Lisbon

Lisbon: The second Edition of TREASURES, an award-winning international colloquium, will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in Lisboa, Portugal, November 13-14, 2026. The theme of this year’s edition is “Crowns and Tiaras.” During the two-day colloquium, participants will enjoy presentations by a choice

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GJC Gets New Office in Mumbai

Mumbai: The All India Gem & Jewellery Domestic Council (GJC), representing over six lakh jewellers across India, marked another significant milestone in its journey with the inauguration of its new office at Trust House, Parel East, Mumbai. Over the past two decades, GJC has emerged as a leading national trade body advocating policy reforms, promoting transparency, encouraging responsible trade practices,

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49th IGJA Function Held Successfully by GJEPC

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized the 49th edition of the India Gem & Jewellery Awards (IGJA) in Mumbai. The Chief Guest Mr. Piyush Goyal, Hon’ble Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution & Textiles, Government of India, felicitated 27 top Gem & Jewellery exporters during the award ceremony. The 49th edition

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Akshaya Tritiya: Jewellers Expect Pick up in Sales

Mumbai: The recent softening of the gold price has supported demand for the yellow metal on the auspicious day of Akshaya Tritiya and jewellers have been witnessing steady footfalls since morning. Mr. Saiyam Mehra the Chairman  of All India Gem and Jewellery Domestic Council (GJC) said, “The 2023 Akshaya  Tritiya was exceptional for jewellery retailers and consumers. Despite high prices,

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NDC Report Clears Misconceptions about Diamonds

Mumbai: Natural Diamond Council (NDC), the authoritative resource on natural diamonds, has released its 2023 analytical report entitled, Diamond Facts: Addressing myths and misconceptions about the diamond industry. Through this report, the NDC has set out to address misinformation about both natural diamonds and their synthetic counterparts. “In an age where consumers are more inquisitive and enlightened than ever, they

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Celebrate this Akshay Tritiya with Platinum Jewellery

Mumbai: Akshay Tritiya, also known as “Akha Teej”, is a highly revered and auspicious festival celebrated throughout India. This year, the festival is slated to be celebrated on April 22nd, 2023. Akshaya Tritiya, observed on the third day of the Shukla Paksha of the Indian month of Vaisakh, signifies new beginnings and fresh opportunities. The festival is synonymous with wealth,

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