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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BDB Launches its Official E-Newsletter

Mumbai: Mr. Bhushan Gagrani, IAS, Commissioner of the Brihanmumbai Municipal Corporation yesterday launched the first edition of ‘BDB e-News’, the official e-newsletter of Bharat Diamond Bourse (BDB). The newly launched news platform is part of a planned strategic upgrade in BDB’s use of digital communications to boost dissemination of information and stakeholder engagement. The launch took place at a special

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India’s G&J Exports Remain Stable in Apr 25 Jan 26

Mumbai: India’s gem and jewellery (G&J) exports remained broadly stable during April 2025–January 2026, reflecting resilience amid global trade headwinds and tariff-related pressures in key markets. Overall gross exports stood at US$ 23.19 billion (₹2,03,280.72 crore), registering a marginal decline of 0.64% in dollar terms while growing by 3.57% in rupee terms, compared to exports of US$ 23.33 billion (₹1,96,277.49

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GJEPC Felicitated Piyush Goyal and Jitin Prasada

New Delhi: A delegation of India’s Gem & Jewellery Export Promotion Council (GJEPC), led by its Chairman Mr. Kirit Bhansali recently felicitated Commerce & Industry Minister Mr. Piyush Goyal and MoS Mr. Jitin Prasada in New Delhi on the successful completion of the India–USA Interim Agreement. The conversations were directed toward scaling exports and fortifying India’s gem & jewellery trade

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Namibia Joins Luanda Accord: GJEPC, DMCC to Become Members of NDC

Cape Town: The Luanda Accord held its second high-level meeting at the African Mining Indaba 2026, marking an expansion of collective action in support of global generic marketing for natural diamonds, led by the Natural Diamond Council (NDC). The Accord brings together diamond-producing governments and industry stakeholders committed to sustained investment in protecting and promoting the natural diamond category. Its

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Rough Diamond Days on Feb 25-26

Antwerp: The Antwerpsche Diamantkring (ADK), the Rough Diamond Bourse, will be holding the next edition of its Rough Diamond Days, February 25 and 26, in the ADK trading hall, open to all WFDB members worldwide. The ADK’s history making first edition of the Rough Diamond Days was held last November. “It was a great opportunity to place the Kring in

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Foundation Ceremony of SDB now on 15th Feb

Surat: Foundation stone ceremony of the proposed Surat Diamond Bourse (SDB) now has been postponed on 15th February. Earlier the ceremony was scheduled to be performed on 8th February. The ceremony will be performed, as declared earlier by Gujarat Chief Minister Mrs. Anandiben Patel in presence of 20,000 invited people. Around 12,000 diamond merchants of which 5,000 are from Mumbai

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Angola, U.S. Pledge to Enforce KP Core Principles

New York: Angola and the United States have pledged to work together to enforce the core principles of the Kimberley Process (KP) to ensure that diamond revenues do not contribute to violence, but instead to peace and prosperity. Angola was the current KP chair. “The United States reaffirmed its support for Angola’s chairmanship of the Kimberley Process,” reads a joint

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HK’s Jewellery Sales Dip 16.3% in Dec 2014

Hong Kong: Retail sales of jewellery, watches and clocks, and valuable gifts in Hong Kong dropped 16.3 percent in December last year to HK$9.6 billion ($1.23 billion) compared with the same period in 2013, according to the Census and Statistics Department of Hong Kong. Year-on-year accumulative retail sales of this sector dipped 13.7 percent to HK$102.09 billion ($13.2 billion) from

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