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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Suresh Hathiramani Elected as Chairman of WDHB

Singapore: The World Diamond Heritage Board (WDHB) has announced the appointment of Mr. Suresh Hathiramani as Chairman and Mr. Alex Popov as Vice-Chairman, of the Selection Committee of the World Diamond Heritage List (WDHL). A Historic Initiative for the Diamond Industry: The World Diamond Heritage List is an initiative designed to identify and document the 100 diamonds that have shaped

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Antwerp’s Diamond Trade Increased by 20% in Q1

Antwerp: According to figures from the Antwerp World Diamond Centre (AWDC), the total volume of diamonds traded in Antwerp increased by nearly 20% in the first quarter of 2026 compared to the same period last year. The import of rough diamonds in particular saw strong growth, with a 35.7% increase in volume. In terms of total trade value, the trading

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India Govt. Includes Jewellery in FTWZ

New Delhi: In a significant policy clarification, the Government of India has brought jewellery under the ambit of Free Trade Warehousing Zones (FTWZ), extending the scope of the existing framework governed by the SEZ Rules, 2006. Under a Circular dated 3rd March 2016, FTWZ units were already permitted to undertake storage and vaulting of precious commodities such as gold, silver,

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Sennes Launches its 1st Exclusive LGD Store in Noida

Noida: Backed by the legacy and trust of Senco Gold & Diamonds, Sennes – Senco’s lab-grown diamond (LGD) focused lifestyle brand – announced the launch of its first exclusive store in Noida at Gaur City Mall. This marks Sennes’ 12th store in the country and its debut in the Noida market, further strengthening its presence across key urban centres. Positioned

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Pact with EFTA to Triple G&J Exports

Mumbai: The Trade and Economic Partnership Agreement (TEPA) between India and European Free Trade Association (EFTA) has opened immense opportunities for Indian gem and jewellery (G&J) sector to enhance its exports to the untapped EFTA countries especially to Switzerland. EFTA countries have removed customs duties on the entire chapter 71 (Gem and Jewellery products) enabling Indian exporters of G&J to

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Celebrities Shine in Platinum Jewellery at Academy Awards

Mumbai: The glamour of Hollywood soared to new heights as movie stars wore exquisite jewellery designs set in platinum to the 96th Academy Awards. From drop earrings to line bracelets and colorful rings, platinum was the metal of choice for celebrities as they celebrated their achievements at the world’s most famous awards show. The most prominent platinum jewellery trends at

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WFDB Concludes Successful Presidents’ Meeting

Ramat Gan: The World Federation of Diamond Bourses (WFDB) concluded its annual Presidents’ Meeting for 2024, held in Shanghai, China. The three-day meeting explored the most pressing issues facing the world diamond industry – the G7 restrictions, synthetic diamonds, and the lackluster Chinese market — with expert panels, speeches, and discussions. The Presidents’ Meeting was held at the new Shangrila

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Gemfields Collaborates with MonoC

Mumbai: Gemfields, a world-leading responsible miner and marketer of coloured gemstones, announced a collaboration with MonoC, the world’s first metahuman artist. This collaboration will employ a surreal virtual perspective to explore the meanings associated with rubies, highlighting their strong connection with love over a two-part film. This first collaboration with a virtual artist is a new approach for Gemfields, and

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