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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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 New Zealand FTA to Benefit G&J Industry

Mumbai: India and New Zealand recently concluded a Free Trade Agreement (FTA) that offers significant duty-free access for Indian exports, but Gems & Jewellery (G&J) are listed among the sensitive sectors excluded from immediate zero-duty benefits under the FTA, with India protecting these products, alongside dairy, sugar, and metals, from immediate tariff cuts, though the overall deal aims to boost labour-intensive exports like textiles,

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India’s G&J Exports Recover During April-Nov 2025

Mumbai: India’s gem and jewellery (G&J) exports showed clear signs of stabilization and recovery during April-November 2025, supported by improving global demand conditions and strong performance across diversified international markets. Total exports for the period rose marginally by 0.07% year-on-year to $18.87 billion, compared to $18.85 billion in the corresponding period last year, underscoring the sector’s resilience amid a challenging

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Platinum Jewellery Shines in Emmy Awards

Mumbai: Platinum jewellery was prevalent at the 75th Primetime Emmy Awards, as Hollywood’s fashionable television stars adorned themselves in a spectacular array of designs set in the precious metal. Platinum, the naturally white setting that truly enhances the brilliance of diamonds and colored gemstones, perfectly complemented the dazzling couture gowns. The most prominent platinum jewellery trends tonight were timeless ear studs

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De Beers Drastically Slashes Diamond Prices

London: Diamond giant De Beers slashed the price of its precious solitaires amid plunging sales as bargain-hunting fiancées increasingly opt for cheaper labgrown gems, according to Bloomberg. Among De Beers’ larger stones, one category of mined diamonds had its price slashed by as much as 25%. The category, called “select makeables,” include big rocks between two and four carats that can

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CIBJO’s Seminars at January Vicenzaoro

Milan: CIBJO’s popular Jewellery Industry Voices webinar and seminar series will kick off its fifth season at the VICENZAORO show in Vicenza, Italy, with seven hybrid seminars – in person at the Fiera di Vicenza exposition centre, and simultaneously live streamed. They will take place over two days, on Saturday, January 20, 2024, and Sunday, January 21, 2024. The event

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Cleaver Quitting from all Roles of De Beers

Gaborone: Bruce Cleaver is stepping down from his remaining roles with De Beers, after quitting as CEO last February. He will no longer serve as co-chairman of the De Beers’ board of directors and is resigning from the board of Element Six, its lab grown company. “The focus of Bruce’s role on these boards was to enable a smooth transition

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