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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WHP Jewellers Receives IAGES Accreditation

Mumbai: In India’s highly dynamic gold sector, consumers are increasingly seeking retailers who follow a strict Code of Conduct that offers transparency, trust, and sustainability across the entire gold value chain. To establish a stringent framework across the industry, the Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organisation (SRO) established by and for the Indian gold industry,

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Senco Gold Clocks Record Sales of ₹1700+ cr. for October

Mumbai: Senco Gold & Diamonds has reported the highest ever retail sales for the month of October in its 85+ year old history! Senco clocked sales of over ₹1,700 crore for the month backed by robust festive buying for Diwali and Dhanteras, registering a 56% YoY growth over October last year. Gold value for the brand went up by 60%

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NDC, Dubai Jewellery Group Host ‘The Diamond Dialogue’

Dubai: Natural Diamond Council (NDC), a global not-for-profit organization collaborating the natural diamond industry and its entire value chain, hosted first-ever edition The Diamond Dialogue in partnership with Dubai Jewellery Group (DJG). The Diamond Dialogue was a thought-provoking industry roundtable that brought together leading voices from the UAE’s jewellery sector to discuss the evolving landscape of the natural diamond industry.

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Platinum Love Bands Unveils New Season Collection

Mumbai: Platinum Love Bands has unveiled its new Season Collection — a tribute to the unspoken language shared between couples. Rooted in the belief that every love story has its own dialect, one the world may not understand, this collection transforms those quiet connections into something you can wear — something you can cherish for life. These aren’t just rings.

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CIBJO Releases Marketing & Education Report

Milan: With two months to go to the opening of the 2015 CIBJO Congress in Salvador, Brazil, on May 4, 2015, the first of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report urges the jewellery and gemstone industries not to fall behind other business sectors in

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Rio Tinto Launches World’s First AEC in India

Perth: Mining giant Rio Tinto will begin its world-first Analytics Excellence Centre (AEC) in India, to improve equipment productivity across its global operations. The Centre will assess massive volumes of data captured by the array of sensors attached to Rio Tinto’s fixed and mobile equipment and enable experts to predict and prevent engine breakdowns and other downtime events, significantly boosting

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Mary & Onler Kom Celebrate Love with Platinum

New Delhi: India’s finest five time boxing world champion Mary Kom and husband Onler Kom celebrated their Platinum day of Love at PC Jeweller recently in the capital city. The inspirational duo celebrated their love for each other by exchanging Platinum Love Bands to mark their everlasting love. Precious platinum is a naturally white metal that never fades or tarnishes

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Varda Shine Joins Miner Lonmin

London: Varda Shine, who previously headed the Diamond Trading Company of De Beers, has joined the board of platinum miner Lonmin as an independent nonexecutive director. In addition to running the DTC, Shine, a British national, also served as nonexecutive chairperson of DTC Botswana, a 50-50 split between De Beers and the Botswana government, and as nonexecutive chairperson of Namibia

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