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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Russia Approves Plan to Sell Stake in Alrosa

Moscow: Russian President Vladimir Putin has endorsed a potential plan to sell a part of the state’s shares in the country’s miner Alrosa, the world’s No.1 diamond producer by output in carats. According to Russian news agency Tass, the plan approved by the Kremlin also includes the potential sale of the nation’s second-largest lender, VTB Bank. The report says the

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33rd Edition of IIJS from 4th August in Mumbai

Opens Doors for Young Innovators and MSME Sector Mumbai: : In a welcome move, the India International Jewellery Show (IIJS) 2016 plans to introduce “Hall of Innovation” product gallery and a dedicated section for MSME sector in Hall no. 2 at Bombay Exhibition Centre. These new features are being introduced to encourage highest levels of craftsmanship and provide equal opportunities

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Gold Demand at Record Levels in Q1 2016

Mumbai: Global gold demand reached 1,290 tons (t) in the first quarter of 2016, a 21% increase compared to the same period last year, making it the second largest quarter on record, according to the World Gold Council’s (WGC) Gold Demand Trends report. This increase was driven by huge inflows into exchange traded funds (ETFs), fueled by investor concerns regarding

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PNG Jewellers adopts 9 students as a part of CSR

Pune: As a part of their newly induced Corporate Social Responsibility (CRS) strategy, PNG Jewellers has adopted 9 students of Eklavya Bal Shikshan & Arogya Nyasa on the felicitous occasion of Mr. Saurabh Gadgil’s birthday (Chairman and Managing Director PNG Jewellers). PNG Jewellers has been emphasizing on an effective CRS plan and aiding 9 students from a Pune-based organization with

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Empower Africa to Host 9th Peace Diamond Trade Mission

Freetown (Sierra Leone): Empower Africa will welcome an international delegation of diamond and jewelry professionals to Sierra Leone for the 9th Peace Diamond Trade Mission, October 11–16, 2026, reconnecting the global diamond industry with the people and communities at the source of the natural diamond supply chain. The six-day mission will bring together diamantaires,manufacturers, retailers, designers, traders, mining professionals, investors,

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Belgian PM Visited Bharat Diamond Diamond Bourse

Mumbai: Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, yesterday. It marked a historic new milestone in the over 100-year partnership between the diamond industries of the

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IIJS Bharat Premiere-the Show that Broke all Records

Mumbai: 42nd edition of IIJS Bharat Premiere 2026, organized by the Gem & Jewellery Export Promotion Counci (GJEPC), concluded in Mumbai on 10th August, the strongest B2B edition in the show’s 25year history. The numbers tell all. Spanning 135,000 sq. metres across the Jio World Convention Centre (JWCC) and the Bombay Exhibition Centre (BEC), the show hosted 2,100+ exhibitors across

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IIM Ahmedabad & GJC Continue Landmark Collaboration

Ahmedabad:  All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry. This year’s programme, held from 31st August to 3rd September 2026 at

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