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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Programme of 41st WDC Available on Website

Singapore: The Organizing Committee of the 41st World Diamond Congress (WDC), to be held July 12-15, 2026, in Singapore, announced that the full programme of the three-day event is now available and can be viewed in full on the dedicated Congress website. While the Congress panels for the joint WFDB and IDMA sessions were published earlier, the full programme now

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Platinum Season of Love Begins from 17th April

Mumbai: Platinum Guild International (PGI) India has announced the launch of Platinum Season of Love 2026, its signature nationwide retail activation set to run from 17th April to 31st May 2026 across jewellery stores in India. A key strategic initiative in PGI India’s annual calendar, the programme is designed to drive consumer demand and retail momentum for platinum jewellery across

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Edward Asscher Announces Candidacy for VC of the RJC

Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue

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Industry Expectations on Akshay Tritiya Sales

Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold

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New Collaborations, Partner Alignments Expected from PGI’s Upcoming BSM

Mumbai: Platinum Guild International (PGI) is organizing its annual Buyer Seller Meet (BSM) in Kochi on 26-27 June. The 8th edition of India Buyer-Seller Meet is an exclusive, invitation-only event focused on fostering collaboration and business opportunities between platinum jewellery retailers and manufacturers. It serves as a platform for showcasing innovative designs, finalizing orders, and building partnerships ahead of key

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Gemfields Generates $31.7m from Auction of Mixed Ruby

London: Gemfields has reported good demand for fine-quality rubies on yesterday in spite of market turbulence, with its latest mixed-quality ruby auction generating $31.7m in revenue. “Demand and pricing for fine-quality rubies remain strong,” said Adrian Banks, Gemfields’ MD of product and sales. “Today’s auction result demonstrated the resilience of rubies in turbulent times,” he said. The auction, held between

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GJEPC Hosts Design Training Program

Mumbai: The Bharat Ratnam Mega Common Facility Centre (Mega CFC) at SEEPZ-SEZ, Mumbai, witnessed the inauguration of the much-anticipated Design Training Program by Mr. Guido Persico on 16th June. The initiative, launched by India’s Gem & Jewellery Export Promotion Council (GJEPC), aims to nurture next-gen jewellery design talent in India’s premier export hub. Mr. Dnyaneshwar Patil, Development Commissioner, SEEPZ-SEZ, graced

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GJEPC Hosts Virtual Briefing on GCC Design Lab

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), along with its knowledge partner, the UAE-based World Academy of Design (WAOD), hosted an engaging virtual introductory session to unveil a unique cross-cultural initiative titled GJEPC x GCC Design Lab: Co-Creating for SAJEX. Ms. Dolly Choudhary, Director of Promotions & Marketing, GJEPC, opened the session by outlining the objectives of this special

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