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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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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De Beers Announces Changes to Exe. Committee

London: De Beers Group has announced changes to its Executive Committee, with current Chief Operating Officer, Burger Greeff, retiring at the end of the year following three decades of exceptional service. Kevin Smith, currently Executive Vice President, Corporate Affairs & Strategy, will become Interim Chief Operating Officer, while Eirik Waerness, currently Senior Vice President & Chief Economist, will move into

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D.P. Abhushan Delivers Strong Performance in Ǫ2

Mumbai: D.P. Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 85 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the Second quarter and half year ended 30th September 2025. Ǫ2FY2C Highlights: H1FY2C Highlights: Commenting on the performance,

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GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector

New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by the Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Bhansali was representing the Gems & Jewellery (G&J) sector that

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Online Sales to Surge 40% for Valentine's Week

Mumbai: ASSOCHAM forecast that Valentine’s week online sales in India will jump 40 percent year on year to $3.53 billion (INR 220 billion) as consumers have increased spending power and they strive to celebrate the festival with gifts of jewelry, flowers and electronics. The week has already begun with Rose Day on February 7, followed by Proposal Day on February

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US Platinum Jewelry Imports Jump 60%

New York: US platinum jewellery imports surged more than 60% in 2014 from a year ago, while imports of gold jewellery rose 15%, according to Thomson Reuters GFMS calculations released on Tuesday and based on US Census data. The US imported 1 156 kg of platinum jewellery in 2014, up 61% from 719 kg in 2013 because of steep declines

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Rio Tinto Registers 6% Growth in Diamond Rev.

Perth: Rio Tinto recorded a 6 percent increase year over year in diamond revenues grossing $901 million for the year ended December 31, 2014. The group’s net diamond earnings for the year jumped to $104 million, from $53 million a year earlier. The diamond division has also posted a 23 percent year-over-year increase in EBITDA to $315 million. Rio Tinto’s

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India Posts Strong Growth in Jewellery Demand

Mumbai: 2014 saw a stabilization of the gold market as it pulled back from the extremes of 2013, according to the latest Gold Demand Trends full year report presented by Mr. Somasundaram PR, (MD, India) of the World Gold Council (WGC). Annual gold demand was 3,924 tonnes (t), 4% lower than 2013. The year ended strongly, with gold demand in

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