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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Israel’s 2015 Polished Exports Drop 20.3%

Ramat Gan: Data released by Israel’s Ministry of Economy and Industry’s Diamonds, Special Stones and Jewelry Administration (DSJA) (formerly known as the Diamond Controller’s office) reveal a significant drop in Israel’s import and export of both rough and polished diamonds in 2015. Net polished exports for 2015 totalled US$4.993 billion, down 20.3 percent compared with 2014, while net rough imports

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India Govt. Reiterates Tax Sops on GMS

New Delhi: Interest earned on deposits under the central government’s Gold Monetization Scheme (GMS) will not attract any tax; gain through trading or redemption will also be exempted from capital gains tax, it was officially reiterated on Sunday. This clarification, didn’t say if the tax deducted at source provision would apply to gains made by the scheme. The government also

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Gemfields Raising Profile, Price of Gemstones

London: The Wall Street Journal writes that Gemfields PLC – a London-based company with the world’s largest emerald mine near Zambia’s border with the DRC – is “hoping to generate diamond-caliber demand for its emeralds and rubies.” The Zambian operation has helped the company dominate a fast-growing and increasingly lucrative sector. Gemfields owns 75% of the Kagem mine, with the

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First Online Rough Auction by De Beers in Mumbai

Mumbai: For the first time, small and medium diamantaires will get an opportunity to participate in the rough diamond tender auction to be conducted by Diamdel, an online auction subsidiary of De Beers group, reports The Times of India. The auction will be held at the special notified zone (SNZ) in Mumbai. The Gem and Jewellery Export Promotion Council (GJEPC)

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Icons Honoured as Industry Legends at IIJS Celebration Night

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the IIJS Celebration Night on 5th August 2026, following the first day of IIJS Bharat Premiere 2026, bringing together leading figures from the Indian and global gem and jewellery industry for an evening of recognition and celebration. A key highlight of the evening was the felicitation of nine global icons

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‘Jewellers for Hope’ 2026 Raises Funds to Support Education

Mumbai: The Indian gem and jewellery industry came together in Mumbai on 6th August for the 11th edition of Jewellers for Hope, the flagship CSR initiative of the Gem & Jewellery Export Promotion Council (GJEPC), presented in association with De Beers Group and the World Gold Council (WGC), powered by GIA, with HRD Antwerp as Co-Partner. Mr. Rahul Narwekar, Hon’ble

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Divine Solitaires Honoured Partner Jewelers at IIJS Premiere

Mumbai: Celebrating excellence, enduring partnerships and five years of shared growth, Divine Solitaires hosted its Annual Rewards & Recognition ceremony at Innov8 Launchpad, IIJS Premiere 2026, NESCO, Mumbai, honouring its highest-performing partner jewellers from across the country. The event also witnessed the first weekly lucky draw of The Solitaire Festival of India (TSFI) 2026, making it one of the key highlights of this year’s exhibition.

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Sky Gold and Diamonds Begins FY27 On a Strong Note

Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), a listed B2B gold jewellery manufacturer, today announced its consolidated financial results for the quarter ended June 30, 2026. The Company commenced FY27 with healthy growth in revenue and profitability, supported by sustained demand from organised jewellery retailers, continued traction in lightweight and value-added jewellery, and consistent execution across

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