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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Kama Jewelry Turns 30

Mumbai: Mumbai-based Kama Jewelry has marked three decades of fine jewelry manufacturing, Rs.982 Crore in revenue, 1,200 craftspeople, 260+ clients across four continents, and a 27% CAGR that rivals the best long-term compounders in Indian business. • Rs.982 Cr — FY2025-26 Revenue | +22% YoY growth• 27.1% — 30-Year CAGR | No outside capital raised• 1,200+ — Master craftspeople, all

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Record Gold Prices Continue to Shift Demand Dynamics

Mumbai: The World Gold Council’s (WGC) Q1 2026 Gold Demand Trends report reveals that total quarterly gold demand (including OTC) reached 1,231t, a 2% increase year-on-year. While volumes increased modestly, the value of demand surged to a record US$193bn, up 74% year-on-year. Around the world, retail investors were drawn to gold’s price momentum and safe-haven appeal,driving bar and coin demand

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NDC Plans Higher Spend for India: Amber Pepper

Mumbai: Ms. Amber Pepper, the newly appointed CEO of the Natural Diamond Council (NDC), signalled a major strategic shift towards the Indian market during a high-level meeting at the Gem & Jewellery Export Promotion Council (GJEPC) head office in Mumbai on 30th April. Accompanied by Ms. Richa Singh, Managing Director for India and the Middle East, NDC, Pepper met with top

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‘Know Your Diamonds-From Basics to Boosting Sales’

Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:

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DEF to Honor PM Modi and Govt. of India

Las Vegas: The Diamond Empowerment Fund (DEF) has announced that Indian Prime Minister Narendra Modi and the government of the Republic of India will be honored at its Diamonds in the Sky Las Vegas Gala. The award recognizes India’s global leadership and contributions to democracy, development and the growth and expansion of the international diamond industry. “We are thrilled to

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Synthetic Units in Gujarat under Scanner

Surat: The small diamond cutting and polishing pockets in Saurashtra and north Gujarat regions are under scanner following recovery of 110 synthetic polished diamonds from traders in Surat’s Mini Bazaar diamond market. It was found that these synthetic diamonds were cut and polished in Bhavnagar, reports The Times of India. According to industry experts, along with natural diamonds, a large

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SIGNATURE IIJS Concluded with Success

Mumbai: The SIGNATURE IIJS, the eighth edition of the Show, concluded on February 23, 2015 with a success note, at the Bombay Exhibition Centre (NSE Complex) in Mumbai. The Show was inaugurated by Chief Guest, Andrey Polyakov, Vice President, ALROSA, Russia with Guests of Honour Ms. Shaina NC – Social Worker and Kirtilal Doshi, industry stalwart, Vipul Shah, Chairman, GJEPC,

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Marange Diamonds Have ‘Dramatically Shrunk’

Harare: A Zimbabwean cabinet minister has claimed that the country’s Marange diamonds have effectively run out. Information minister Jonathan Moyo said the country should wake up to the reality that the diamonds had dried up. “Diamond revenues from alluvial diamond mining have dramatically shrunk. We now need to come terms with this reality,” said Moyo in response during an interface

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