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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GJC Submits Pre-Budget Recommendations

Mumbai: All India Gem & Jewellery Domestic Council (GJC), the apex body representing India’s domestic gems and jewellery trade, submitted its detailed pre-budget recommendations to the Hon’ble Finance Minister Smt. Nirmala Sitharaman for consideration in the Union Budget 2026–27. The representation focuses on five core pillars: 1. GST reforms to restore affordability and eliminate working capital blockage 2. Direct tax relief on

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India’s G&J Exports to the US Fall by 44.42%

Mumbai: India’s gem and jewellery (G&J) exports to the United States witnessed a sharp contraction during April–December 2025, declining 44.42% year-on-year to US$ 3.86 billion, compared to US$ 6.95 billion in the corresponding period last year. In December 2025, exports to the US declined by 50.44% year-on-year, reflecting the continued impact of tariff-related pressures and subdued discretionary demand. Commenting on

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Divine Solitaires Seeks $10 mln Fund for Expansion

Mumbai: Divine Solitaires, India’s loose solitaire brand that is exclusively focused on natural diamond solitaire jewellery, has opened its first round of seed funding seeking an investment of $10 million. The Mumbai-based company is gearing up to aggressively scale its business to become a $250–300 million enterprise over the next 3-4 years.  Launched in 2006 by brothers Jignesh Mehta and Shailen Mehta,

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IIJS Bharat Signature Closes with Rs. 75,000 Cr. Orders

Mumbai: The 18th edition of IIJS Bharat – Signature 2026, organized by GJEPC, concluded in Mumbai, marking a strong start to the global gems and jewellery trade calendar for 2026. As the first major B2B trade show of the year, the event set a bullish tone for the industry, with an estimated ₹75,000 crore in business expected to be realised

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WDC Urges KP to Unite to Overcome Obstacles

Dubai: The World Diamond Council President, Feriel Zerouki (WDC), delivered her opening address to the 2024 Kimberley Process (KP) Plenary with a compelling call for unity and action, addressing industry challenges and the need for essential reforms. In her keynote speech, she emphasized the WDC’s commitment to strengthening the KP and promoting an equitable and sustainable diamond industry. In her

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NDC Unveils New ‘Diamonds of Canada’ Report

Mumbai: Diamond Council (NDC) recently announced the launch of its latest report titled ‘Diamonds of Canada’. This report is an extension of the larger ‘Diamond Facts’ report unveiled by NDC last year, which aimed at highlighting the significance of natural diamonds and the positive impact on the communities they touch. The Diamonds of Canada report offers an in-depth look uncovering

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Get Festive Ready with Platinum Evara

Mumbai: It’s that time of the year to bring out the festive finery – for a day of celebration and evenings that spell sophistication and understated elegance; each look, talked about long after the party has ended.  As you elevate your style game, complement those stunning outfits with the precious timelessness of platinum jewellery. Unique platinum jewellery pieces from Platinum EVARA’s

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India Pavilion at Jewellery, Gem & Technology Dubai Exhibition

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organised an India Pavilion at the 3rd edition of the Jewellery, Gem & Technology Dubai 2024 show being held from 12th to 14th November 2024, at the Dubai Exhibition Centre. This year the India Pavilion is hosting 20 top Indian companies across 24 booths, showcasing an array of loose stones,

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