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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World Diamond Day Sparks Global Groundswell

Mumbai: The Natural Diamond Council (NDC) announced the successful inaugural launch of World Diamond Day (April 8, 2026), a global, social-first movement that mobilized the diamond industry across more than 50 countries in a single unified moment. Designed to ignite a groundswell across the trade, the first-ever World Diamond Day drove a surge in global searches and social mentions for natural diamonds,

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Artisan Jewellery Design Awards ’26 Presented

Mumbai: 9th edition of the Artisan Jewellery Design Awards 2026, organised by the Gem & Jewellery Export Promotion Council (GJEPC) and curated by The Futurist, concluded in Mumbai on April 8, bringing together the finest expressions of creativity, craftsmanship, and innovation in jewellery design. The Artisan Awards 2026 was powered by GIA and supported by the World Gold Council (WGC).

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BDB Collaborates with GIA Alumni Mumbai

Mumbai: The Bharat Diamond Bourse (BDB), recently organized a special address as part of its “Leadership Series.” The session featured Ms. Ali Pastorini, President of the International Jewellers Association MUBRI, and Mr. Sachin Jain, Regional CEO of the World Gold Council (WGC). Ms. Pastorini discussed the growing demand for Indian diamonds and jewellery in Latin America, providing encouraging statistics for

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230+ International Buyers Visit IGJS Jaipur ’26

Jaipur: The International Gem & Jewellery Show (IGJS) Jaipur 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is currently underway in Jaipur from April 9 to 11, 2026, bringing together leading Indian manufacturers and global buyers under one roof. Recognized as a highly curated, business-focused platform, IGJS continues to strengthen India’s position as a preferred sourcing destination

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SAJEX to Open New Horizens for GJ Industry

Riyadh: The Saudi Arabia Jewellery Expo (SAJEX) 2025, organised by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to be a landmark event for Indian jewellery manufacturers looking to tap into the lucrative and largely untapped Saudi Arabian market. With a focus on strengthening trade relations between India and Saudi Arabia, SAJEX offers a unique platform for exhibitors

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Kagem to Resume Focused Open-Pit Mining

London: Gemfields has recently announced that its Kagem emerald mine in Zambia will recommence focused open-pit mining to enhance the recovery of premium emeralds. Following a strategic suspension of all mining activities announced on 23 December 2024, Kagem shifted its focus to processing ore from its stockpile. While 2025 emerald production has met carat recovery expectations, the proportion of higher-quality

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Platinum Jewellery Sales Grew 15% on Akshay Tritiya

Mumbai: On Akshaya Tritiya 2025, despite high gold prices, overall gold and silver sales in India reached a significant ₹16,000 crore, with gold jewelry and related items contributing around ₹12,000 crore. While sales volumes saw a dip due to the price increase, the total value of sales remained strong. Gold prices were near peak levels during Akshaya Tritiya 2025, leading

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WFDB Supports United Industry Position on Tariffs

Antwerp: The World Federation of Diamond Bourses (WFDB) announced recently that it stands united with the industry-wide position to request that the US Government grant a tariff exemption for natural diamond imports. The WFDB supports the statement released by the World Diamond Council (WDC) yesterday, which advocates for an industry-wide strategic exemption for natural diamonds. The WDC statement has been

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