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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
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
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
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
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
PGI CEO Huw Daniel to Retire
New York: Platinum Guild International (PGI), the jewellery industry’s authority on the world’s most precious metal, has announced that its longtime chief executive, Huw Daniel, will retire at the end of March, after twenty one years with the organization. Originally from Wales, Mr. Daniel spent a large portion of his career in advertising, working in both Europe and Asia, for
Artisan Awards 2024 on 12-13 Feb
Mumbai: Come and fall in love with Design once again this Valentine’s Day! The Year’s biggest Wearable Artworks & Crafts Design Fest will be celebrated at The Gem & Jewellery Export Promotion Council’s Artisan Design Jewellery Awards 2024 on 12-13 February at the Ice Factory, Ballard Estate in South Mumbai. Among many design themes, ‘Jewellery as Art’ will take centre-stage
GJEPC Welcomes Interim Budget
New Delhi: India’s Finance Minister (FM) Ms. Nirmala Sitharaman yesterday presented Union Budget 2024 in Parliament. This is an interim budget as it came just ahead of the General Elections. No changes were announced in the tax slabs in both old and new regime. This was Nirmala Sitharaman’s sixth Union Budget. The full-fledged budget will be presented by the new government that
India’s Gold Demand in 2023 Declined by 3%
Mumbai: The World Gold Council’s (WGC) Gold Demand Trends report reveals that annual gold demand (excluding OTC) fell to 4,448t in 2023, down just 5% from a notably strong 2022. When factoring in demand from the OTC markets and other sources, total demand climbed to a new annual record at 4,899t. Investment from this more opaque source of demand supported
