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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De Beers Declares 35% Fall in Diamond Production

Mumbai: De Beers Group has reported a big fall of 35% in diamond production for Q4 of 2025, mainly due to maintenance shutdowns at its Jwaneng and Orapa mines. In its Q4 report for the year, the diamond mining major revealed it recovered 3.78 million carats between October and December, down from 5.83 million carats during the same period in

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Maryam Al Hashemi to Steer KP Committee on Participation & Chairmanship

Dubai: DMCC confirmed that Maryam Al Hashemi, Senior Director of Precious Stones and Metals at DMCC and the UAE KP Director, has been appointed Chair of the Kimberley Process (KP) Committee on Participation and Chairmanship (CPC). The CPC is a vital body within the Kimberley Process, responsible for evaluating new participants, reviewing compliance matters, and assessing Vice-Chair candidates. Its recommendations

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MS Dhoni Reveals His Most Cherished Platinum Moments

Mumbai: Men of Platinum, the men’s jewellery brand from Platinum Guild International (PGI) India, brought its highly anticipated #MomentWithMahi campaign to a thrilling close with an exclusive fan meet-and-greet with MS Dhoni at the iconic Taj Lands End, Mumbai. This one-of-a-kind experience was the culmination of the brand’s festive purchase programme — a rare reward for select consumers who purchased

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GJEPC Hails the India-US Trade Agreement

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has hailed the landmark India-U.S. trade agreement as a “vital relief measure for India’s gem and jewellery sector”, which faced severe pressure from escalating U.S. tariffs. GJEPC extends its deepest appreciation to the Hon’ble Prime Minister Mr. Narendra Modi, the Hon’ble President of USA Mr. Donald Trump, the Hon’ble Commerce &

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Silver Jewellery Demend Grew by 29%

Global silver demand reached an all-time high of 1.242 billion ounces (Boz) in 2022, thanks to record silver demand across all major categories, according to the findings of the World Silver Survey 2023, released by the Silver Institute and researched and produced by Metals Focus, an independent precious metals consultancy. Silver jewellery demand rose by 29%, silverware grew 80%, and

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De Beers Q1 2023 Sales in Line with Expectations

London: De Beers, the world’s leading diamond company, has released its Q1 2023 report, revealing mixed results in its diamond production and sales. The company reported flat rough diamond production at 8.9 million carats, with the planned treatment of higher grade ore and strong operational performance offsetting the planned end of operations in Venetia’s open pit. Production in Botswana increased

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Choose from Platinum Love Bands that Reflect Modern Love

Mumbai:  As the summer approaches, it rings in the summer wedding season as couples commit to the love they share. It’s a time when two individuals commit to each other, having gone through a journey of finding each other and discovering what makes their relationship special. Relationships based on compassion, respect, equality, and friendship deserve a rare and precious metal

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GII Celebrates 52nd Anniversary

Mumbai: The Gemmological Institute of India (GII) has completed its 52nd year on 12th April, 2023. It was celebrated on Saturday, 15 April, 2023 in the Convention hall, Bharat Diamond Bourse (BDB), BKC. All the trustees, important trade personalities of G&J industry, visiting faculty members of GII and GII employees attended. Mr. Anoop Mehta, Chairman, GII and President, BDB chaired

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