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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
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
Top News
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
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,
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
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
Chetan Mehta Explores Kirit Bhansali’s Personality
Bengaluru: The latest edition of Coffee with Dr. Chetan Kumar Mehta featured an engaging conversation between Dr. Chetan Mehta, President of the Jewellers Association Bangalore, and Mr. Kirit Bhansali, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC). Held during the IIJS Tritiya event, the discussion delved into Mr. Bhansali’s inspiring journey, his vision for the jewellery industry, and
GJEPC Felicitates IIJS Icons 2025
Bengaluru: Tritiya 2025 honoured a distinguished group of industry pioneers and visionaries who have significantly contributed to the growth and excellence of the jewellery sector. These IIJS Iconsrepresent the epitome of innovation, craftsmanship, and dedication, having built legacies that continueto inspire and shape the future of the industry. This year, we celebrate their remarkable achievementswhich have earned them a place
Dhoni’s Unbreakable Legacy with Men of Platinum
Mumbai: As the IPL season kicks off, cricket fever reaches its peak and Thala gears up to don the yellow jersey once again, igniting passion in fans across the country. For every MS Dhoni loyalist, it’s more than just a game—it’s an unbreakable bond, built on faith, resilience, and moments that live forever. This season, honour the legend and wear
Concern about Irradiated Rubies and Sapphires
Milan: The World Jewellery Confederation (CIBJO), the American Gem Trade Association (AGTA) and the International Colored Gemstone Association (ICA) are once again expressing concern about the presence in the marketplace of irradiated rubies and sapphires, particularly sourced in Sri Lanka. The materials in question, which have a pleasing but temporary appearance, were earlier reported upon in a 2022 press release
