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

Read More »

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

Read More »

Top News

Cautious Optimism to Prevail Over the Industry in 2026

Mumbai: (By Akash Talesara): As someone closely associated with the diamond and jewellery industry, I view 2025 as a year of stabilization, recalibration and disciplined execution. While the sector demonstrated resilience across key markets, certain external factors, particularly trade-related developments had a tangible impact on overall performance. Performance in 2025: The year 2025 was largely characterized by consolidation and gradual recovery.

Read More »

BIS Initiative to Strengthen Consumer Confidence

Mumbai: As India rapidly emerges as one of the world’s most important jewellery consumption markets, the need for transparency and consumer confidence has never been more critical. Valued at approximately US$80–85 billion in FY24, the Indian jewellery sector is projected to grow to US$225–245 billion by FY35, underscoring the scale and momentum of domestic demand. Within this broader growth, diamond

Read More »

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

Read More »

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

Read More »

Laguna Blu Diamond Sells for $25m

Geneva: The ultra-rare 11.16-carat pear-shaped Bulgari Laguna Blu – certified as the highest grade blue diamond ever by the GIA – was auctioned for just over $25m at Sotheby’s Geneva on Tuesday. It became the most valuable gem ever to be sold by Bulgari, after a four-minute bidding war between three parties on the phone and one in the showroom.

Read More »

CIBJO Pays Tribute to Harry Levy

Milan: The World Jewellery Confederation pays tribute to Harry Levy, who passed away in London on May 15, 2023, at age 83. During his long and important career he held a variety of roles in CIBJO, as well as in other industry bodies, both in the United Kingdom and internationally. The quintessential Englishman, Harry actually was born Hanukkah Levy in

Read More »

GJNRF Honoured with CFBP Jamnalal Bajaj Award

Mumbai: The Gem & Jewellery National Relief Foundation (GJNRF), backed by prominent industry bodies, including GJEPC, was bestowed with the esteemed Jamnalal Bajaj Uchit Vyavahar Puraskar for a Charitable Association by the Council for Fair Business Practices (CFBP) at its 35th Awards Ceremony held in Mumbai on 16th May. GJNRF was recognised for its for its ethically driven philanthropy and

Read More »

Feriel Zerouki is New President of WDC

Antwerp: Feriel Zerouki, a prominent advocate for advancing standards in the diamond industry, has taken the helm as the new President of the World Diamond Council (WDC). With an impressive track record spanning nearly two decades, Zerouki brings extensive experience and a vision for driving progress in the diamond industry. Zerouki’s appointment as WDC President was announced during a meeting

Read More »

Latest Videos