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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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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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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Platinum Jewellery Shines in Emmy Awards

Mumbai: Platinum jewellery was prevalent at the 75th Primetime Emmy Awards, as Hollywood’s fashionable television stars adorned themselves in a spectacular array of designs set in the precious metal. Platinum, the naturally white setting that truly enhances the brilliance of diamonds and colored gemstones, perfectly complemented the dazzling couture gowns. The most prominent platinum jewellery trends tonight were timeless ear studs

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De Beers Drastically Slashes Diamond Prices

London: Diamond giant De Beers slashed the price of its precious solitaires amid plunging sales as bargain-hunting fiancées increasingly opt for cheaper labgrown gems, according to Bloomberg. Among De Beers’ larger stones, one category of mined diamonds had its price slashed by as much as 25%. The category, called “select makeables,” include big rocks between two and four carats that can

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CIBJO’s Seminars at January Vicenzaoro

Milan: CIBJO’s popular Jewellery Industry Voices webinar and seminar series will kick off its fifth season at the VICENZAORO show in Vicenza, Italy, with seven hybrid seminars – in person at the Fiera di Vicenza exposition centre, and simultaneously live streamed. They will take place over two days, on Saturday, January 20, 2024, and Sunday, January 21, 2024. The event

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Cleaver Quitting from all Roles of De Beers

Gaborone: Bruce Cleaver is stepping down from his remaining roles with De Beers, after quitting as CEO last February. He will no longer serve as co-chairman of the De Beers’ board of directors and is resigning from the board of Element Six, its lab grown company. “The focus of Bruce’s role on these boards was to enable a smooth transition

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