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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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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India’s G&J Exports Grew During April’25 & Mar’26

Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical

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Gaetano Cavalieri Awarded 2nd Highest Rank in Italian Knighthood Order

Milan: CIBJO President Mr. Gaetano Cavalieri has been named a Grande Ufficiale (Grand Officer), the second-highest rank within the Ordine al Merito della Repubblica Italiana, the most senior knighthood order of merit in the Italian Republic. Established in 1951, the order recognizes accomplishments in the fields of science, literature, arts, economy, public service, and social, philanthropic and humanitarian activities and for

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Zen Diamond Opens New Store in Hyderabad

Hyderabad: Zen Diamond, the globally acclaimed fine jewellery brand with a presence across more than 450 stores worldwide, continues to expand its presence in India with the opening of its new store at Lake Shore Mall, Hyderabad. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Chandigarh with one store

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AWDC and Belgian Govt. Engage in Constructive Dialogue 

Davos: The leaders from Antwerp’s diamond industry participated in a panel discussion at Belgium House during the World Economic Forum in Davos. Representing the industry were Karen Rentmeesters, CEO of Antwerp World Diamond Centre (AWDC), and Ravi Bhansali, Vice President of AWDC. They joined Belgian Minister Annelies Verlinden, Head of Belgian Customs Kristian Vanderwaeren, and De Beers CEO Al Cook

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WFDB Denies Claim that ADE is Affiliated Bourse

Antwerp: The World Federation of Diamond Bourses (WFDB) has officially denied a claim made by Philux Global Group, which is raising funds from the public for investment in the Asian Diamond Exchange (ADE), among other projects, that this purported diamond exchange is affiliated with the WFDB.  The WFDB, founded in 1947, is the official association of diamond bourses internationally. Today

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Susan Jacques to Retire from GIA

New York: The Gemological Institute of America (GIA) has announced the planned retirement of its president and CEO, Susan Jacques, at the end of 2025. The institute has begun a global search for a successor. Lisa Locklear, Chair of the GIA Board of Governors, said, “Susan Jacques is an incredible leader for GIA and the global gem and jewellery industry.

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India at International Japan Tokyo Show

Tokyo: Mr. Sibi George, H.E. Ambassador of India to Japan visited the recently concluded 36th International Japan Tokyo 2025 show on 16th Jan 2025. He was impressed with India’s Product engineering and craftsmanship showcased at the India Pavilion organized by the GJEPC. He interacted with the exhibitors under the Pavilion and encouraged them. IJT, Japan’s leading jewellery exhibition is being

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