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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Top News

Overall Outlook Remains Positive for Gold & Silver in 2026

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) has issued its annual review of the bullion market, highlighting the extraordinary rally in gold and silver during 2025, which has pushed both metals to record or near-record highs by December and the factors driving this surge. The sharp rally in gold and silver witnessed this year is the result

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Sara Tendulkar Appointed as Brand Ambassador of Litestyle by PNG

Pune: Litestyle by PNG, the contemporary lightweight fine jewellery brand from PNG Jewellers, has announced Sara Tendulkar as its brand ambassador, marking a key step in strengthening the brand’s connection with India’s future jewellery consumers. The association reinforces Litestyle’s role as a strategic bridge between PNG Jewellers’ legacy customers and its future customers. While PNG has been a trusted name

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Commerce Secretary Visits GJEPC Ofiice

Mr. Rajesh Agrawal, Commerce Secretary, Department of Commerce, India, visited GJEPC headquarters in Mumbai on 26 December and held a detailed interaction with GJEPC’s Committee of Administration, including Mr. Kirit Bhansali, Chairman, Mr. Shaunak Parikh, Vice Chairman, Mr. Anoop Mehta, Convener – Diamond Panel, Mr. Russell Mehta, Co-Convener – Diamond Panel, Mr. K.S. Srinivasan, Convener – Gold Panel, Mr. Ashish

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GJEPC Welcomes India’s Role as KP Chair

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the nodal agency for the Kimberley Process (KP) in India, welcomes India’s election as Chair of the Kimberley Process Certification Scheme (KPCS) for 2026. The Kimberley Process Certification Scheme, a UN-mandated initiative, is the only global mechanism governing international trade in rough diamonds, aimed at preventing conflict diamonds from entering legitimate

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India Reclaims Top Spot as Gold Consumer

Mumbai: India is back to being the number one consumer of gold, knocking China off the top of the podium as the country that consumed the most bullion in the form of gold bars, coins and jewelry, in 2014. The latest update of the annual study by GFMS of world gold supply and demand found that sliding demand from China

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Registration for IDW Surpasses 300

Ramat Gan: Registration of foreign buyers for the upcoming winter edition of the International Diamond Week (IDW) in Israel has surpassed the 300 mark and is expected to rise well beyond 400 ahead of the opening of the five-day event on February 8, the IDW Organizing Committee announced. “We have surpassed the 300 mark and ultimately expect to welcome more

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Antwerp Rules Global Diamond Industry

Antwerp: Over the past twelve months, Antwerp clearly confirmed its leadership role in the global diamond trade and remains the preferred partner for diamond trade worldwide. Despite heavy competition from rivaling diamond hubs, more goods were traded year on year. A total of 227,2 million carats of rough and polished diamonds were traded, with a total value of 58.8 billion

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Sixth Antwerp Diamond Trade Fair kicks-off

Antwerp: The Sixth Edition of the Antwerp Diamond Trade Fair (ADTF), the world’s exclusive by-invitation-only diamond trade show, kicked-off yesterday, welcoming many hundreds of buyers, among them not only delegations from existing, leading jewellery markets, but also from markets that until recently had remained unexplored. The fair, which is held in the trading halls of the Antwerp Diamond Bourse (Beurs

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