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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Zimbabwe to Take Over All Diamond Mines

Harare: Zimbabwe’s President Robert Mugabe said on Thursday his government would take possession of all diamond operations because existing miners had robbed the country of its wealth. Mugabe’s comments came a week after the ministry of mines ordered all mining companies to halt work and leave the Marange fields, saying they had not renewed their licences. At the time it

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India to Introduce Third Tranche of SGB Soon

New Delhi: Having raised nearly Rs 1,050 crore in the first two tranches, the government will “shortly” issue the third tranche of sovereign gold bond (SGB) for the fiscal, Economic Affairs Secretary Shaktikanta Das said Thursday. “It will come very shortly. I can’t say the exact time as then there will be speculations on gold prices,” Das said. The government

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Forevermark Enters Thailand, Hungary & S. Korea

Gaborone: The De Beers Group of Companies announces that Forevermark has recently launched in Hungary, Thailand and South Korea. It is now available in more than 1,700 outlets in 38 consumer markets. Forevermark launched in Hungary with R-A Diamonds, a leading distributor and wholesaler for fine diamond jewellery and loose diamonds. R-A Diamonds has selected an initial eight independent retailers

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More Incentives for Gold Schemes in India

New Delhi: In order to further incentivise the Gold Schemes introduced by the government earlier, Finance Minister Arun Jaitley, as part of his budget announcements, announced the waiver of various taxes relating to the Sovereign Gold Bond Scheme and the Gold Monetization Scheme, 2015. For one, the redemption of bonds procured under the Sovereign Gold Bond scheme by an individual

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GJS-2026 Inaugurated by Mr. Uday Samant 

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly inaugurated the 10th edition of the India Gem & Jewellery Show (GJS 2026 Diwali Edition), celebrated as #HumaraApnaShow—India’s most premium B2B jewellery exhibition—at the iconic Jio World Convention Centre, Mumbai. Inaugurated 2nd October, the show will continue until October 4, 2026, bringing together jewellers, designers, buyers, and industry leaders

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IAGES Brings Together Accredited Gold Ind. Stakeholders at Trust Circle

New Delhi: The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector. The event drew representatives from diverse segments of the gold ecosystem, including refining,

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NGS, De Beers Renew Okavango Eternal Partnership

New York: The National Geographic Society (NGS) and De Beers Group have announced the renewal of the Okavango Eternal partnership for an additional five years, reaffirming their commitment to the long-term protection of the Okavango River Basin (“the Basin”) and to conservation-related livelihood opportunities for the people who live there and help steward it. One of Africa’s most vital wetland

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Anera Silver Opens its First Store in Bengaluru

Bengaluru: Anera Silver by Kushals announced the opening of its first store in Bengaluru’s HSR Layout on 26thSeptember, marking the beginning of an ambitious retail journey for the newly launched jewellery brand. Founded by Kalpesh Gulechha, Anera Silver has been createdwith a clear point of view to build a jewellery destination where design, craftsmanship, collections and the overall experience take

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