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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IGM Appoints Nirakar Chand as MD of BullionX

Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and

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CIBJO Unveils Artworks of Reena Ahluwalia Celebrating Centenary Year

Vicenza: As a highlight of the opening day of the 2026 CIBJO Congress, that began on the 4th September, 2026 in Vicenza (Italy), two dedicated creations by the noted Canadian visual artist Reena Ahluwalia, celebrating the Centenary Year of the World Jewellery Confederation (WDC) were unveiled. Both creations were donated to the collection of the Museo del Gioiello –the jewellery

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Senco Gold with Olocker Provide Jewellery Insurance

Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —

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CIBJO Centenary Congress Calls for Standards, Sustainability & Consumer Confidence

Vicenza: The 2026 CIBJO Centenary Congress opened in Vicenza with welcome addresses from Italian government and industry leaders, who congratulated the World Jewellery Confederation on its first 100 years and highlighted the importance of standards, sustainability and consumer confidence to the global gems and jewellery industry. The congress, being held at the Fiera di Vicenza during the VICENZAORO jewellery show,

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WGC Releases Jewellery Market Report

Mumbai: The World Gold Council (WGC) yesterday launched a report titled ‘Jewellery market structure’, as part of a series of in-depth analysis on the Indian gold market. The report highlights a notable shift in India’s gold jewellery market over the past few years, catalysed by changes in consumer behaviour and government regulations. While small independent retailers still dominate the landscape,

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Cartier International Joins CIBJO

Milan: Cartier International, one of the world’s oldest and most prestigious luxury maisons, has joined CIBJO, the World Jewellery Confederation, as a commercial member. The company, which designs, manufactures, distributes, and sells jewellery, leather goods and watches was founded by Louis-François Cartier in Paris in 1847, and is today a subsidiary of the Swiss Richemont Group. It operate more than

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India Extends Foreign Trade Policy for Six Months

New Delhi: The Government has received requests from Export Promotion Councils and leading exporters to continue with the current Foreign Trade Policy 2015-20, which had been extended from time to time, the Ministry of Commerce & Industry stated. In recent days, exporters and industry bodies have strongly urged the Government that in view of the prevailing, volatile global economic and

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SSEF Celebrates 50-Year Anniversary

Basel: For 50 years, the Swiss Gemmological Institute SSEF has been at the forefront of scientific gemmological research and testing to support a thriving gemstone and jewellery trade. In tribute of both its mission and accomplishments, some 150 industry leaders and opinion-makers from around the world gathered in Basel on September 1 and 2 to celebrate the golden anniversary. Founded

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