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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Anoop Mehta Elected as Vice President of WDC

Antwerp: Mr. Ronnie Vanderlinden was elected as the president of World Diamond Council (WDC) and Mr. Anoop Mehta was elected as Vice President of the WDC un-opposed. During the recently held AGM of WDC in Antwerp, Mr. Ronnie Vanderlinden was appointed President of WDC and Mr. Anoop Mehta who is currently serving as the President of Bharat Diamond Bourse (BDB),

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IAGES Grows to 550+ Accredited Partner Outlets 

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a self-regulatory body has crossed the 100+ accredited partner landmark, establish a strong presence with 550+ partner outlets. With its footprint spanning 240+ cities pan India, IAGES consolidates its position as the facilitator of trust, transparency, and standardization in the gold sector. The IAGES accreditation network today spans the entire

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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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SA Invites Indian Firms to Set Up Jewellery Units

New Delhi: South Africa has invited Indian companies to invest in jewellery manufacturing units in the country by taking advantage of its latest policies, reports ETRetail.com. Under the new industry policy programme, South Africa is encouraging jewellery manufacturing activities that will help add value to its raw materials including gold, silver and a variety of minerals. At the event organized

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Hallmarking Should Be Made Compulsary: WGC

New Delhi: A new report, Developing Indian Hallmarking – A roadmap for future growth, released today by the World Gold Council (WGC), finds that improvements to the hallmarking system in India are essential to a successful Gold Monetization Scheme (GMS). The report provides an in-depth assessment of the current Indian hallmarking system and a summary of international best practice methods.

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Saurabh Gadgil Appointed Vice President of IBJA

Mumbai: Saurabh Gadgil, Chairman & Managing Director of P. N. Gadgil Jewellers has been appointed as the Vice President (VP) of India Bullion & Jewellers Association Ltd. (IBJA) for the West Zone. Mr. Gadgil will take over from Prithviraj Kothari, the former Vice President of IBJA and get hold of all the responsibilities and duties as the newly elected member

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P.N. Gadgil Jewellers Bags Three National Awards

Mumbai: P. N. Gadgil Jewellers Pvt. Ltd won three awards at the ‘National Award for Marketing Excellence 2015’, recently held in Mumbai. The award ceremony was hosted by the World Marketing Congress and supported by CMO Asia. The award ceremony marked the magnanimous achievements of the brand under the categories ‘Emerging Brand Award’, for achieving astonishing heights, ‘Brand Revitalization Award’,

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