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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WDC ‘A Champion for Natural Diamond Trade’

Antwerp: The World Diamond Council (WDC) is a champion for the natural diamond trade, with the primary objective of building confidence in natural diamonds and helping the trade sell them, according to its incoming President Ronnie VanderLinden. He was speaking at the Annual General Meeting of the WDC, which took place May 7, 2026, in Antwerp, Belgium. Taking office at

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Feriel Zerouki Forced Diamond ind. to Face Itself

Antwerp: Feriel Zerouki forced the diamond industry to confront the questions it had long avoided during her presidency of the World Diamond Council (WDC), a tenure defined by service to those most exposed at the front line of the trade. Taking office at a time of rising scrutiny, tightening regulation and changing consumer expectations, Zerouki placed reform of the Kimberley

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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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De Beers' 4th Cycle Generates $604 Million

Gaborone: De Beers’ rough sales strengthened in May as the miner benefited from strong consumer demand, with proceeds reaching higher levels than normal for the time of year. The company grossed $604 million at its fourth sales cycle of the year, which included last month’s sight in Gaborone, Botswana, it reported Wednesday. The figure was 57% higher than the $385

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GLT and Diamond Services Announce Joint Venture

Istanbul: The Gemological Laboratory of Turkey (GLT), Turkey’s leading provider of gemological services, and Diamond Services (DS), the Hong Kong-headquartered developer of technological systems and services for detecting laboratory grown, imitation and treated diamonds, have recently signed a joint venture agreement to provide comprehensive diamond identification, grading and certification services to the Turkish market. Within the framework of their agreement,

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SSEF Conducts Analysis of Cobalt-Blue Spinel

Basel: For several months already a supply of blue cobalt-bearing spinel has been appearing in the gem trade, including some stones of remarkable size –up to 40 carats – and quality. According to information from reliable sources, the source of the new find is a deposit located about 20 kilometres south-east of Mahenge, Tanzania, which for more than 20 years

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First CFC for Jewellery Inaugurated in Rajkot

Ahmedabad: Chief Minister of Gujarat Mr. Bhupendrabhai Patel, along with Mr. Dinesh Navadia, Regional Chairman, Gujarat, GJEPC inaugurated the first Common Facility Centre (CFC) for Jewellery in Rajkot on 13th May. The CFC is set up by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of Ministry of Commerce and Industry. The objective of CFC is to

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