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 ‘The Moment is Gold 2.0’ Campaign

Mumbai: The World Gold Council (WGC) has recently launched the second phase of its campaign, ‘The Moment is Gold’, reinforcing gold’s evolving role in contemporary lifestyles. With its second phase, the campaign positions gold as a modern social currency celebrating personal milestones, individual aspirations, and meaningful everyday achievements beyond traditional occasions. The initiative reflects a clear cultural shift, where gold

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Distinguished Women of the G&J industry Honored with Golden Girls Awards

Mumbai: The India Bullion & Jewellers Association Ltd. (IBJA), in association with Heera Zhaveraat, the B2B trade magazine for the global Gem & Jewellery industry, recently hosted the 4th Golden Girls Award (GGA) in Mumbai. The Golden Girls Award (GGA) provided a platform to celebrate and recognize the outstanding accomplishments of women entrepreneurs in the industry, highlighting their persistent dedication

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IAGES Expands Network with 50+Accredited Partners

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organization (SRO) established by and for the Indian gold industry has achieved the 50 accredited members milestone, reshaping the gold sector to become more consumer-friendly and future-ready. Some of India’s leading gold retailers like Senco Gold & Diamonds, PN Gadgil Jewellers, Kalamandir Jewellers and Waman Hari Pethe Jewellers

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Karnataka Minister Invited as Chief Guest at IIJS Bharat Tritiya

Bengaluru: Mr. M.B. Patil, Hon’ble Minister for Large & Medium Industries, Government of Karnataka, has been invited as Chief Guest for IIJS Bharat Tritiya 2026. The show is scheduled from 21 to 23 March 2026 in Bengaluru at the Bangalore International Exhibition Centre (BIEC). The invitation was extended by Mr. Nirav Bhansali, Co-Convener – National Exhibitions, GJEPC. The meeting was

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Global Rough Diamond Output Increased in 2014

Johannesburg: Market Research said that the global rough diamond production was 131.5 million carats last year, marginally up from 130.5 million carats in 2013. It said in a summary of its report, “Global Diamond Mining to 2020”, that the market for rough diamond production centered around the top eight producing countries – Russia, Botswana, the Democratic Republic of the Congo

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RBI Relaxes Norms for Lending against Jewellery

Mumbai: The Reserve Bank of India yesterday relaxed the norms by allowing Loan-To-Value (LTV) ratio to be done at the average of the closing price of 22 carat gold for the preceding 30 days. The Bank has prescribed that the valuation of gold jewellery for arriving at the Loan-To-Value (LTV) shall be done at the average of the closing price

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Diacam360 to Debut at Upcoming JCK Las Vegas

New York: DiaCam360, a small, portable, effective and affordable scanning device that creates high quality photos and 360-degree, interactive videos of polished diamonds, will debut in the USA at the upcoming JCK Show in Las Vegas, May 29 to June 1, 2015. The DiaCam360 will be demonstrated at the Shirtal Group Booth #B5450 in the Diamond Plaza, Bayside, Level 1.

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WFDB Looking Forward to Financing Debate

Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom says the participation of De Beers Group CEO Philippe Mellier in the Presidents Meeting to be held in Tel Aviv from June 14 to 16 2015 will serve to sharpen one of the biggest debates that will take place at the biennial meeting – the difficulty of securing finance and

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