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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Ranbir Kapoor Joins PNG Jewellers as New Ambassador

Mumbai: PNG Jewellers, one of India’s most revered jewellery houses with a legacy dating back to 1832, announces Bollywood icon Ranbir Kapoor as its new brand ambassador. With his effortless blend of heritage, credibility and contemporary appeal, Ranbir Kapoor marks an exciting new chapter in PNG Jewellers’ journey as the brand strengthens its national presence. Founded in Maharashtra and now

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CIBJO Warns About Non-Authorized Individuals

Mumbai: The World Jewellery Confederation (CIBJO) has issued an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention on January 22, 2026, by a business person in India, who had been approached by an organization identifying itself

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Industry Leaders’ Expectations from the Budget

Mumbai: The India Union Budget 2026-27 is expected to be presented on 1 February 2026 as India’s economy is forecast to expand by 7–7.5%, driven by resilient consumer spending, infrastructure upgrades, and ongoing policy initiatives. However India’s Gems and Jewellery sector (G&J) still needs some buster doze to bring it back on the track. We have received some feedbacks from

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NDC Welcomes its New Members

Mumbai: The Board of Natural Diamond Council (NDC) is delighted to announce that Angola’s ENDIAMA E.P. and SODIAM E.P. have formally joined the organization as members, following the completion of all legal and regulatory requirements for accession. ENDIAMA E.P. – Empresa Nacional de Diamantes de Angola (National Diamond Company of Angola) is Angola’s state-owned diamond mining company, responsible for managing

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IDMA to Hold 40th Congress from March 28-30

Antwerp: “The International Diamond Manufacturers Association (IDMA) announced it will hold its 40th Congress March 28-30, at the beachside Tel Aviv Carlton hotel in Israel. Contrary to earlier World Diamond Congresses, IDMA and its sister organization, the World Diamond Federation of Diamond Bourses (WFDB), will not hold what was to be the 40th edition of the World Diamond Congress together.

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Grant of Rs. 242 Cr to IIT Madras for LGD Research

New Delhi: Indian Institute of Technology Madras (IIT Madras) will be provided a grant of ₹242 crore over a period of five years to undertake research on Lab-Grown Diamonds (LGD). This research will be focused on driving indigenisation of the LGD manufacturing process. Presenting the Budget 2023 on 1st February 2023, Smt. Nirmala Sitharaman, Hon’ble Finance Minister, Government of India,

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Augmont Gold For All Honoured by India Book of Records

Mumbai: India’s Gold Platform, run by Augmont Gold For All, recently announced that they were honoured by the India Book of Records for creating the Thinnest Gold coin. The 24 Karat – 999 pure hallmarked Gold coin measured less than 1 mm, which is as thin as foil paper with a weight of 100 mg and a diameter of 2.2 cm. India Book of

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FCRF: Fancy Color Diamonds Outperform Main Markets

New York: The Fancy Color Research Foundation (FCRF) today announced the results of the Q4 and full year 2022 Fancy Color Diamond Index (FCDI). The average price of all colors and sizes of fancy color diamonds climbed by 3.9% in 2022, led by a 4.6% increase in all Yellows and followed by a 3.9% rise in Pinks and 1.8% in

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