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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Feriel Zerouki to Leave De Beers Group

London: De Beers Group today announced that Feriel Zerouki, Chief Trade and Industry Officer and member of the Executive Committee, has decided to leave the company at the end of October 2025. Feriel joined De Beers in 2005 and has played a central role in shaping the company’s leadership in ethics, provenance and industry integrity. She led the launch of

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NITI Aayog Partners with GJEPC to Boost Exports

Mumbai: India’s gems and jewellery industry got a significant boost on 7th October 2025, when NITI Aayog and GJEPC brought together key stakeholders to discuss the sector’s future competitiveness and export potential. The hybrid event, hosted at the Bharat Diamond Bourse (BDB) with several participants joining virtually, featured Mr. Sanjeet Singh, Senior Advisor, NITI Aayog, joined by Mr. Kirit Bhansali,

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10% Traffic Increase in JGW Hong Kong

Hong Kong: Jewellery & Gem WORLD Hong Kong 2025 (JGW) recorded a 10% increase in buyer attendance over the previous edition – a cautiously positive signal against a backdrop of complex market realities, Informa Markets Jewellery announced yesterday. Despite ongoing trade tensions, supply chain disruptions and high gold prices rattling the luxury goods market, the world’s No.1 jewellery sourcing destination

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Maharashtra Announces Landmark G&J Policy

Mumbai: In a landmark move, the Government of Maharashtra yesterday announced the Maharashtra State Gem & Jewellery (G&J) Policy 2025, becoming the first state in India to introduce a dedicated policy for the gem and jewellery sector. The policy aims to attract investments worth ₹1 lakh crore and create over 5 lakh new jobs, marking a major step towards transforming

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Rio Tinto Celebrates Chow Tai Fook Milestone

Beijing: Diamonds from Rio Tinto’s Argyle mine in Western Australia will be showcased across China in an unprecedented fashion from next month, headlined by a special white and champagne diamond encrusted tiara. The masterpiece, titled “Nature’s Glow”, has been crafted as a tribute to the strategic partnership between Rio Tinto and pre-eminent Chinese jeweller, Chow Tai Fook, on the occasion

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ALROSA's President Steps Down

Moscow: On Monday, September 22, Fyodor Andreev stepped down from his president post “due to medical reasons”. Ilya Ryaschin, First Vice President of ALROSA, was appointed the acting President of the company. Company’s shares closed down 2.99% to 37.3 Rub. Later Rosimushchestvo released a press statement saying it “was sorry that Andreev had to leave ALROSA president post due to

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IIDGR Displays New AMSD in Greater China

Hong Kong: The De Beers Group of Companies’ International Institute of Diamond Grading & Research (IIDGR) showcased the new Automated Melee Screening (AMS) device to great reception at this September’s Shenzhen International Jewellery Fair and Hong Kong Jewellery & Gem Fair. The new AMS device which can take up to 500 carats at once is a spectrometer based system that

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DDE Holding Sale of Rough from Kao Mine

Dubai: The Dubai Diamond Exchange (DDE) is hosting the Fusion/Hennig September Kao rough diamond tender for the first time. It started on September 21 and ends on Wednesday and offers the full run-of-mine production of the Kao mine located in Lesotho. It comprises more than 30,000 carats of rough, encompassing the full range of sizes and assortments, including large and

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