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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
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
IIGJ Presents Glimpz’26 Annual Award Ceremony
Mumbai: The Indian Institute of Gems & Jewellery (IIGJ) presented Glimpz’26, its annual exhibition and awards ceremony showcasing the graduating batch of B.A. in Gems & Jewellery Design (2023–26).Held at the Bharat Ratnam – Mega CFC Auditorium, the event brought together industry leaders, mentors, and emerging design talent on a common platform—celebrating creativity, craftsmanship, and the future of Indian jewellery.
End of Diamond Production at Diavik Mine
Toronto: Diamond production at the Diavik mine, in Canada’s Northwest Territories, came to an end last week after 23 years. It produced over 150 million carats during its lifetime, more than either of NWT’s other mines – Ekati (owned by Burgundy) and Gahcho Kue (joint venture, De Beers and Mountain Province ). The closure on Thursday, 26 March 2026, also
Skill Centre for Rural Youth of Dharampur, Gujarat
Mumbai: Yet another milestone achieved by GJSCI as it inaugurated another Skill Training Centre dedicated to Skill the rural and tribal youth in Dharampur. Dharampur is a town in Valsad district of Gujarat. Alongside the increasing development in urban industries and small businesses, the employment and skill-training of rural youth too plays a crucial role in the development of India’s
NJA to be Held on 23rd Sep: Jury Round Concluded
Mumbai: All India Gem & Jewellery Domestic Council (GJC) is all set to announce the winners of the 11th edition of National Jewellery Awards (NJA) 2021-22 as it successfully concluded the jury round in Mumbai. Jury members included eminent personalities from different walks of life: Mr. Jaykumar Makhija (Fashion Designer), Ms. Vidhyaa Majumdar (Global Compliance Director – HRDAntwerp, Mr. Gautam
IIJS Signature 2023 Extended to 5-Day Show
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) announced that IIJS Signature 2023 has been extended to a five-day show format owing to the popular demand from participants and the gem & jewellery trade at large. IIJS Signature will be almost double in size compared with IIJS Signature 2022, with more than 2500 stalls and it is estimated that more than 1300 exhibitors will participate. The
Forevermark Partners with Aisshpra
Gorakhpur: De Beers Forevermark entered into a partnership with Aisshpra Gems & Jewels for its debut in the northern city of Gorakhpur, Uttar Pradesh. Actress Mouni Roy graced the occasion wearing Forevermark diamond jewellery. The exclusive De Beers Forevermark collections were launched by Atul Saraf, Chairman, Aisshpra, and Anoop Saraf, Director Aisshpra; in the presence of Amit Pratihari, General Manager,
