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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GJSCI Supports Chennai’s Flood Affected People

Mumbai: The Gem & Jewellery Skill Council of India has pledged its support for Chennai floods and have donated Rs. 1,00,001/- towards the Prime Minister’s National Relief Fund to aid all the people affected by this calamity. Mr. Premkumar Kothari, Chairman, GJSCI said, “We at GJSCI have been deeply saddened by the natural calamity which has struck Chennai & surrounding

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Mumbai’s Temple to Deposit 160 kg Gold in GMS

Mumbai: One of the most popular temples in India may soon make the first substantial contribution to Prime Minister Narendra Modi’s plan to recycle tons of idle bullion to reduce imports and the country’s current account deficit, according to media reports. Mumbai’s two-century-old Shree Siddhivinayak temple is considering depositing some of its 160 kgs. of gold with banks, according to

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Gemfields Achieves $19.2 Mln at Jaipur Auction

Mumbai:  Gemfields plc has announced the results of its auction of predominantly lower quality rough emerald extracted by Kagem Mining Ltd in Zambia (which is 75% owned by Gemfields and 25% by the Government of the Republic of Zambia).  The auction was held in Jaipur, India from 18th – 21st of November, 2015 and the proceeds of this auction will

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China Gets Rough Diamond Exchange

Beijing: Shenzhen Rough Diamond Exchange (SRDE), a secure diamond storage, sorting and viewing facility in the Chinese city, has received final approval to operate. Foreign suppliers will be able to ship diamonds to the new warehouse in the Luohu district of Shenzhen duty-free. Local Chinese companies will then be able to view and purchase the goods through the Shanghai Diamond

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CIBJO Publishes 2nd Pre-Congress Special Report 

Milan: With fewer than nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the second of the pre-congress Special Reports has been released. Prepared by the CIBJO Marketing and Education Commission, headed by Jonathan Kendall, the report details the establishment of the International Fine Jewellery Academy (IFJA), one of the

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India-UK Buyer-Seller Meet on 7-8 July

London: With the India-UK Free Trade Agreement (FTA) set to unlock exciting new opportunities, this exclusive B2B platform will bring together 20 leading Indian gem & jewellery manufacturers and top UK buyers to foster meaningful partnerships and drive bilateral trade. India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the event on 7th & 8th July, 2026 at Arsenal

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IIJS Bharat Premiere 2026 Strengthens Nepal Buyer Outreach

Kathmandu: India’s Gem & Jewellery Export Promotion Council (GJEPC) expanded its international buyer outreach for IIJS Bharat Premiere 2026 with a comprehensive roadshow across Nepal, engaging leading jewellery associations, trade bodies and retailers to drive visitor registrations for the show. Led by Ajay Purohit, Deputy Head – International Events, GJEPC, the outreach programme covered Kathmandu, Lalitpur, Pokhara and Chitwan, where

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