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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Botswana Leadership Takes its Place on The World Stage

Gaborone: The Government of Botswana in collaboration with the Diamond Sector, has launched the 60 Years of Diamond Leadership Initiative and unveiled the diamond embedded medals for the Debswana World Athletics Relays Gaborone 26 at the Botswana National Museum. This moment marks a defining shift in Botswana’s diamond journey: from resource extraction to global reputation; from mineral value to public

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GJC Issues Statewide Guidelines & Multilingual SOPs 

Mumbai: The All India Gem and Jewellery Domestic Council (GJC) has launched a comprehensive industry-wide initiative to safeguard jewellery traders across Maharashtra by rolling out structured guidelines and Standard Operating Procedures (SOPs) aimed at ensuring fair, transparent, and accountable policing practices during theft investigations. This initiative follows the Government of Maharashtra’s circular dated March 14, 2024, and reflects GJC’s proactive

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Roadmap for Gold Innovation & Global Reach

Mumbai: Senior leadership from the World Gold Council’s (WGC) London head office visited the Indian Institute of Gems & Jewellery (IIGJ), Mumbai, on 21 April 2026, with a clear focus on advancing gold jewellery innovation through design, technology and new product concepts. The visit explored collaboration on talent development alongside innovation-led initiatives, with the delegation also interacting with students exhibiting

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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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Ministers of Zimbabwe and DRC to Headline WDC

Antwerp: The 40th World Diamond Congress (WDC), which will be held in Israel from March 28-30, 2023, will feature a full roster of illustrious speakers, from the world of diamonds and beyond. Here’s an alphabetical list: Edward Asscher, President of the World Diamond Council; David Block, CEO of the Sarine Technology Group; Gaetano Cavalieri, President of CIBJO, World Jewellery Confederation;

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Platinum Sales Increased by 22% in Q4, 2022

Mumbai: Platinum continued to enjoy strong demand from Indian consumers in the October – December quarter, resulting in a rise of 22% in retail sales in Q4 2022. Powered by the wedding season and festive season sales, PGI’s strategic partners sustained strong growth momentum in sales for platinum jewellery demand. Customer preference for platinum jewellery and subsequent sales has picked

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Membership of India's GJEPC Grows to 9000

Mumbai: The total number of members of the Gem and Jewellery Export Promotion Council (GJEPC), the apex body of Gem & Jewellery trade in India, has grown to 9000 members, its highest ever, registering a 38% increase as compared to 6,500 members in 2021. Mr. Vipul Shah, Chairman, GJEPC said, “The Council attributes this milestone to the leadership and continued

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Rio Tinto to Proceed with Diavik’s A21 Pipe

YELLOWKNIFE, Canada: Rio Tinto has approved a $40-million investment in the first phase of underground mining below the existing A21 open pit at its Diavik Diamond Mine in the Northwest Territories of Canada. Based on the updated mine plan and production schedule including the A154N and A154S pipes, and subject to approval of the second phase of the A21 underground

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