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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
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
Top News
Akshay Kala-The Eternal Art: GJS Opens 4th April
Mumbai: All India Gem & Jewellery Domestic Council (GJC) proudly announces the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” Scheduled from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai, this premium B2B exhibition will celebrate timeless craftsmanship and innovation under the theme “Akshay Kala: The
India Removes ₹10 Lakh Cap on Courier Export
New Delhi: The Government of India on 31st March 2026 issued a set of notifications and a circular to ease re-imports and streamline courier mode shipping, following announcements made in the Union Budget. The reforms target e-commerce exporters and aim to reduce friction in cross-border returns and logistics. A key change is the removal of the per-consignment value cap for
Aurya Diamonds Enters the Market
Bengaluru: Aurya Diamonds, a Bengaluru-based fine jewellery brand that is reimagining how modern India experiences diamonds through certified lab-grown stones and a design-first, transparent retail philosophy. Founded by Shikha Dadha and co-founded by Saad Salman, Aurya marks its entry into the Indian market with a state-of-the-art experiential jewellery gallery in Bengaluru—moving away from traditional “behind-the-glass” retail to a more immersive, interactive, and consumer-centric format.
Tracr Appoints Jillian Wolk as CEO
New York: Tracr has announced the appointment of Jillian Wolk as Chief Executive Officer, effective 1 May 2026. Ms. Jillian joins Tracr following senior leadership roles across the jewellery, luxury and technology sectors. Most recently, she served as Vice President, Growth & Strategic Initiatives at GIA, where she developed new services and drove diversified revenue, strengthened commercial strategy, and supported
IGI’s IPO Opens on 13th December
Mumbai: International Gemmological Institute (India) Limited (“IGI” or “The Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Friday, December 13, 2024. The total offer size of equity shares (face value of Rs. 2 each) aggregating up to Rs. 42,250 million [Rs. 4,225 crore] comprises a Fresh Issue of aggregating up to Rs. 14,750 million
GJEPC Discusses Industry Issues with CBIC
Mumbai: The leadership of the Gem and Jewellery Export Promotion Council (GJEPC) extended a warm welcome to Mr. Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes & Customs (CBIC), along with Mrs. Prachi Saroop, Chief Commissioner of Customs, and Mr. Harish Dharnia, Commissioner of Customs, Mumbai, at the GJEPC office in Mumbai. The meeting aimed to foster
SRK Exports Presents Natural Diamond to Modi
New Delhi: On December 2, 2024, Surat-based diamantaire and Rajya Sabha MP Mr. Govind Dholakia honored India’s Prime Minister Mr. Narendra Modi with a remarkable natural diamond masterpiece, the “Navbharat Ratna.” Designed in the shape of India, this 2.12-carat diamond symbolizes the unity, brilliance, and enduring spirit of the nation. The creation of this extraordinary piece was undertaken by skilled
Rio’s Beyond Rare Diamond Tender Gets Strong Results
Perth: Rio Tinto’s second Beyond Rare tender has achieved a strong result, underscoring the rarity and unique provenance of the diamonds on offer. The auction, which featured some of the world’s most coveted natural fancy coloured diamonds, also showcased the continuing global demand for these rare treasures. The collection, which comprises 76 diamonds across 48 lots, included an exceptional mix
