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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IIJS Icon Awards & Mega Lucky Draw on 21st March

Bengaluru: The 4th edition of IIJS Bharat – Tritiya and IGJME Bharat – Tritiya 2026 at the Bangalore International Exhibition Centre (BIEC), Bengaluru is set to begin from 21st – 23rd March 2026. This premier event is a unique convergence of the finest gems, jewelry, and machinery, bringing together industry leaders, innovative exhibitors, and global buyers under one roof. The

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IDPL Unites Natural Diamond Community

Hong Kong: The third edition of the International Diamond Premier League (IDPL), a cricket tournamentcreated by and for the global natural diamond community, will take place in Hong Kong from 19–22 March 2026. Following earlier editions in Belgium and India, IDPL 3.0 will bring together leading diamantaires and industry partners from Belgium, India, and Hong Kong for four days of

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De Beers Partners with Cricketer Abhishek Sharma

De Beers Group, the world’s leading diamond company has announced its association with Indian cricketer Abhishek Sharma to celebrate natural diamonds in India, bringing together two forces defined by character, authenticity and enduring excellence. Abhishek Sharma has emerged as one of the most exciting voices in Indian cricket, known for his fearless style of play and strong personal identity. His

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Risk of Deception while Buying Diamond Jewellery

Antwerp: During a public event today at Antwerpen-Centraal railway station, the diamond industry body Antwerp World Diamond Centre (AWDC) raised awareness among passers-by about the risk of deception by jewelers when purchasing diamond jewelry. A lack of consumer knowledge about the difference between natural and synthetic diamonds makes them vulnerable to malpractice. During the initiative, passers-by could have their diamond

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Zim has Info on Diamonds Hidden By De Beers

Harare: Zimbabwean President Robert Mugabe said his government has managed to obtain information on the diamond sector that had been hidden by De Beers. Speaking in a wide-ranging interview with the state broadcaster, Mugabe who recently turned 91, said “clever people” had stolen the papers and gave them to Harare. “We know of diamonds that had been discovered by De

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Gold Scheme Can Fetch Rs. 1 Lakh Crore: SBI

Mumbai: Describing the proposed gold deposit scheme as “game changer”, the SBI’s economic research department has said it will help attract at least Rs. 1 lakh crore in deposits on the precious metal, reports The Economic Times. The proposed introduction of a gold deposit scheme is a big positive and conservative estimates show that the monetary value of gold deposits

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Gemfields’ Auction Totals $14.5 Million

London: Gemfields’ latest auction of emerald and beryl has raised $14.5 million. The gemstone miner announced that the average price realized in the auction of stones from Kagem was $3.72 per carat, which it says was a new record for lower quality auctions. Of the 10.1 million carats that were offered for sale in Lusaka, 3.9 million carats were sold

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Industry Disappointed with India's Budget

Mumbai: Mailbox of the gems2jewellery.com has been flooded with reactions of trade bodies and industry leaders expressing their ‘unhappiness’ over the latest budgetary proposals made by the Union Finance Minister Mr. Arun Jaitley. Here we produce them under one compiled news item: Mr. Vipul Shah, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) says: Our congratulations to the

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