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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WGC Unveils New Chapter of ‘The Moment is Gold’ 

The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold

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JGTD to Open from 27th October

Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring

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Indian Leaders Elected to the CIBJO Board of Directors

Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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Celebrate Ugadi with Platinum Jewellery

Hyderabad: Ugadi, observed on the first day of Chaitra, the initial month in the traditional Hindu calendar, signifies the arrival of the spring season. The southern states of Andhra Pradesh, Telangana and Karnataka celebrate the auspicious occasion of Ugadi, to mark the commencement of the Hindu New Year. It is the time for new beginnings and fresh starts. In the early hours of

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Can Arvind Shah Revive Operations of SDB?

Surat: The appointment of Mr. Arvind Shah from Dhanera Diamonds as the president of the Surat Diamond Bourse (SDB) Service Co-operative Society has sparked conversations about potential repetition of history. Shah steps into a role previously occupied by Mr. Nagji Sakaria of HVK Diamond, who stepped down amid efforts to shift Mumbai’s diamond trade to Surat, hinting at possible challenges

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Gemfields Emeralds Auction Fetches $17.1 Mln.

Jaipur: Gemfields said its auction of commercial quality rough emeralds at the 9th India Rough Gemstone Sourcing Show (IRGSS), organised by the GJEPC, in Jaipur, from 5th to 23rd March 2024 realised total revenues of $17.1 million. Of the 43 lots offered for sale, 40 were sold (93%) at an average price of $4.45 per carat. Adrian Banks, Gemfields’ Managing

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P N Gadgil Jewellers to Launch IPO

Mumbai: P N Gadgil Jewellers Limited, the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS-registered outlets in India has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company’s initial public

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