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

 BDB Hosts RJC Roadshow & Board Meeting

Mumbai: Reinforcing its commitment to global best practices, Bharat Diamond Bourse (BDB) hosted the Responsible Jewellery Council (RJC) Roadshow, bringing together international experts and industry professionals for focused discussions on responsible, transparent, and future-ready practices in the diamond and jewellery sector. Led by Mr. Dave Meleski, Chairman, RJC, the programme featured presentations by Ms. Suzanne Brooks, General Manager – Standards,

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Progress Killed in Pursuit of the Impossible: WDC

Dubai: The World Diamond Council (WDC) yesterday expressed profound regret that a small number of Kimberley Process (KP) Participants blocked consensus on long-awaited reforms designed to strengthen protections for Africa’s diamond-mining communities. For three years, the KP Review and Reform Committee worked on the most ambitious reform effort in more than two decades. That work brought the KP closer than

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Amber Pepper Appointed as CEO of NDC

London: The Natural Diamond Council (NDC) has announced the appointment of Amber Pepper as Chief Executive Officer, effective 1 February 2026. A seasoned global leader in luxury brand transformation, Pepper brings a wealth of experience in driving commercial growth, digital innovation, and consumer-centric storytelling across some of the world’s most respected fashion and retail brands, including senior roles at Tapestry,

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Kirit Bhansali Represents Indian G&J Ind. at India–Israel CEO Forum

Tel Aviv: Mr. Kirit Bhansali, Chairman, GJEPC, attended the India–Israel CEOs Forum on 20th November 2025 at Hotel Dan Tel Aviv, following his nomination by DPIIT, Ministry of Commerce & Industry, Government of India, as a representative from the Indian side. During the visit, he also met Mr. Nir Barkat, Minister of Economy and Industry, Israel. In his address, Mr.

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Platinum Love Bands Partnership with Grazia 

Mumbai: With the onset of the summer wedding season, Platinum Love Bands continues to champion its strategic content and influencer strategy, bringing alive its campaign idea of what it takes to #CommitToLove.  In a holistic content partnership with the country’s leading lifestyle publisher, Grazia, Platinum Love Bands aims to amplify the brand’s progressive stance on love via influencers that are relevant

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Vummidi Bangaru Jewellers Receives Award

Chennai: Vummidi Bangaru Jewellers (VBJ), a renowned heritage brand from Chennai, has achieved a remarkable feat by winning India’s first JCK Jewellers’ Choice Award in the platinum category. The JCK Jeweller’s Choice award, popularly considered as the Oscars of the Jewellery industry witnessed history being made with VBJ’s platinum Infiniti collection securing first place, in the Platinum Jewellery category for

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Sarine Announces Merger of GCAL 

Ramat Gan: Sarine Technologies Ltd has announce the closing of the acquisition agreement between Sarine and the Gem Certification & Assurance Lab, Inc (GCAL).The merger creates a robust synergy between Sarine’s leading technologies, and in particular its revolutionary AI-derived cloud-based on-site e-Grading™ system and verifiable data based Sarine Journey™ traceability paradigm, and GCAL’s strong brand in the US market and

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GJEPC Launches First-of-its-Kind IJEX

Dubai: India and the United Arab Emirates celebrated the first anniversary of the Comprehensive Economic Partnership Agreement (CEPA). Commemorating the 1st year of India-UAE CEPA, apex trade body Gem & Jewellery Export Promotion Council (GJEPC) launched the first-of-its-kind India Jewellery Exposition Centre (IJEX), the 365-day exhibition platform in Dubai. His Excellency Mr. Juma Al Kait said, “Today as we celebrate

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