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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Kalyan Jewellers Enters United Kingdom

Thrissur: Kalyan Jewellers, one of India’s jewellery brands, has further strengthened its global presence with the launch of its new showroom on Belgrave Road widely known as Leicester’s Golden Mile, the UK’s most prominent jewellery and South Asian retail hub. This milestone entry into the United Kingdom marks a strategic leap in the brand’s international expansion journey, following its sustained

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QWEEN to Launch as India’s First Self-Discovery Experiential Jewellery Brand

Bangalore: QWEEN, India’s First Self-Discovery experiential jewellery brand, was originally launched as a bootstrapped venture by Amit Kumar and Suyash Motarwar, born from a shared vision to reimagine how modern Indian women discover and experience fine jewellery. The founders later secured seed funding from Japanese luxury jeweller Kashikey Co. Ltd., enabling early product development and the foundational phase of brand

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Wesley Tucker to step down as CEO of Tracr

De Beers Group has announced that Wesley Tucker will step down from his role as Chief Executive Officer of Tracr and leave the business at the end of February 2026. Wesley joined De Beers Group in April 2021 as Head of Digital Transformation before taking on the role of CEO of Tracr, the blockchain technology platform and diamond traceability business

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GJC Requests Formation of Gujarat State Level Vigilance Committee

Ahmedabad: The All India Gem and Jewellery Domestic Council (GJC) yesterday informed that it had formally requested the Government of Gujarat to establish a State Level Vigilance Committee dedicated to protecting the interests of jewellers across the state. A high-level delegation from GJC, led by Chairman Mr. Rajesh Rokde, Vice Chairman Mr. Avinash Gupta, Director Mr. Salim Daginawala, ZCM Mr. Avi Shah,

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KP Forms Ad Hoc Reform & Review Committee

Gaborone: The Kimberley Process Certification Scheme (KPCS) Plenary held from 1st to 4th November 2022 in Gaborone, Botswana,  continued its commitment for maintaining a conflict-free natural diamond supply chain with constructive and fruitful discussions between participants. The Working Group achieved desired outcomes and conclusions on various matters through consultations and consensus. As per the rules and procedures of the Core

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Shine your New Season with Platinum Love Bands

Mumbai: Rare is a love that commits to doing a million things for each other every day. As couples #CommitToLove, they commit to being each other’s best friends, advisors and partners through all the small moments and the big milestones, always finding strength in the rare love that they share. Be it cheering for your partner, listening to their favourite

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De Beers Releases Diamond Insight Report 2022

London: Ethical assurances, ‘phygital’ retail strategies, branded offerings and Web3 experiences are key trends shaping how diamond consumers – in particular Gen Z – perceive and engage with diamond jewellery, according to new research published by De Beers Group in the 2022 Diamond Insight Report – A new diamond world: bringing trusted brands to new generations in a digital age. Based on

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KP Reform Essential to Stay Relevant, Says WDC

Gaborone: If the Kimberley Process (KP) does not adopt the reforms necessary to ensure that its rough certification scheme remains relevant in a changed world, natural diamonds could lose relevance with the new generations of socially conscious diamond consumers, said World Diamond Council (WDC) President Edward Asscher, in his address to the Opening Session of the KP Plenary in Gaborone,

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