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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'JOVELLA' Int'l Jewelry Exhibition from 4th July

Tel Aviv: The 13th edition of JOVELLA, Israel’s international jewelry and diamond exhibition be held on July 4 – 5, 2016. This year the show will be returning to its original location at the David Intercontinental Hotel in Tel Aviv, after having been located at Tel Aviv’s Trade Fairs and Convention Center since 2007. JOVELLA, the leading event of the

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GJEPC-DPA Collaborate to Promote Diamonds

Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) and the Diamond Producers Association (DPA) signed a Memorandum of Understanding to collaborate and boost diamond demand in the world, and to enhance the image of the diamond industry. The MoU was signed by Praveenshankar Pandya and Stephen Lussier, chairmen of the two organizations at an event held at the

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Rio Tinto Steps Up Focus on Diamond Origin

Perth: Rio Tinto has announced its intention to focus its global diamond sales and marketing initiatives on tracked jewelry collections with a clear and transparent chain of custody, from the mine to the market. Bruno Sané, general manager of marketing for Rio Tinto Diamonds said “We see a unique business opportunity for the industry to tap into the changing expectations

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Ind-Ra Expects Status Quo Monetary Policy

New Delhi: The Reserve Bank of India (RBI) is likely to maintain a status-quo on interest rates in the second bi-monthly monetary policy review on 7 June 2016, says India Ratings and Research (Ind-Ra) in a press release. The RBI is likely to focus on inflation control, liquidity management and the pending policy transmission in the near-term. The central bank

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Momentum is Building for Basilia Jewellery & Watch Fair

Basel: Three months after its launch, it is clear that Basilia Jewellery & Watch Fair, organised by Informa Markets and MCH Group, meets a strong need with its gateway trade fair for the jewellery, watch and gemstone industries in Asia and Europe. Strong market demand has already brought exhibitor registrations to 70% of the target for the inaugural edition, which

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Men of Platinum Expands Collection with New Designs 

Mumbai: Platinum Guild International (PGI) India has unveiled a new Men of Platinum collection featuring chains, pendants, bracelets and rings designed for men at different stages of their journey. Endorsed by Rohit Sharma and Anirudh Ravichander in the brand’s new campaign, the collection brings to life a central belief: enduring success is forged through character—the conviction to forge your own

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De Beers and Botswana Extend Partnership with Letsile Tebogo

London: De Beers Group and the Government of the Republic of Botswana today announced the extension of De Beers’ partnership with Olympic champion and Botswana sporting icon Letsile Tebogo. Originally launched in January 2025, when Tebogo was appointed a De Beers Global Ambassador, the partnership has now been expanded into a three-year programme of work between De Beers and the

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Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone

Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at

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