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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Top News

Hallmark of Jewellery now Mandatory in India

New Delhi: The Bureau of Indian Standard (BIS) Bill, passed by the Indian Parliament, empowers the government to make hallmarking of gold and silver mandatory and provides for jail up to two years and fine up to 10 times of the goods’ value in case of violation related to misuse of standards. The Parliament, on 8 Mar, passed a bill

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DPA Announces Changes to Marketing Team

New York: The Diamond Producers Association (DPA) has announced that Sally Morrison, Managing Director of Marketing, will leave the organization in May to pursue another professional opportunity. To ensure continuity of momentum in the DPA’s US marketing activities, Michael Pace will join the organization at the end of March as Interim Managing Director of Marketing, until a permanent replacement to

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Vicenzaoro Dubai from 14th April

Dubai: An unmissable event for the jewellery business community, VICENZAORO DUBAI will open up a new chapter for the industry. It is set to be the world’s most important networking platform for those involved in jewellery, gold, precious stones and diamonds. Taking place from 14 to17 April 2016 at the Dubai World Trade Centre, the event is now in its

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HRD Antwerp and HKIDA Sign Agreement

Antwerp: HRD Antwerp, Europe’s Leading Authority in Diamond Certification, and the Hong Kong Indian Diamond Association (HKIDA) have signed an agreement concerning an exclusive screening service using the M-Screen. During the 2016 March Hong Kong Diamond, Gem and Pearl show, HRD Antwerp and HKIDA have come to an agreement concerning an exclusive melee diamond screening service using the M-Screen, the

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India’s G&J Industry Welcomes GST Reforms

Mumbai: The Indian Gem & Jewellery industry (G&J) expressed its sincere gratitude to India’s Finance Minister Mrs. Nirmala Sitharaman for the landmark GST reform recommendations approved at the 57th GST Council meeting. These progressive recommendations are a significant step towards enhancing ease of doing business, strengthening export competitiveness and creating a more enabling environment for the growth of India’s Gem

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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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