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Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
Despite Global Losses & Firmer Rupee, Indian Gold & Silver Held Their Floors
Macro Snapshot: The selling that pushed both metals lower in the week ending 25 September came from the American bond market rather than from any bullion-specific news. S&P Global’s flash survey on 23 September put its composite output index at 58.4, the strongest reading since July 2021, with services at 58.7 and manufacturing at 56.7. On the same morning, Federal Reserve Governor Michael Barr said further policy adjustments were likely to be needed to return inflation to target. A poorly
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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,
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
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
Natural Diamond Council Becomes ‘The Diamond Collective’
Mumbai: The Natural Diamond Council (NDC) now becomes ‘The Diamond Collective’ unveiling a new global strategy to reconnect natural diamonds with culture, strengthen consumer confidence and drive long-term relevancy. Shaped by new CEO Amber Pepper following six months of consultation with producers, retailers, brands, creatives and consumers, the strategy responds to a fundamental shift in how people discover, value and
Chinese Banks to Have Bigger Say in Gold Pricing
London: The London Bullion Market Association (LBMA) has announced that come March, a new electronic daily gold price will go live in China that will replace the traditional London gold fixing. The LBMA, for the first time, has three Chinese banks as ordinary members: Industrial and Commercial Bank of China Ltd, China Construction Bank Corp and Bank of China Ltd.
IIDGR Set for Indian Roadshow
Mumbai: The De Beers Group of Companies today announced that its International Institute of Diamond Grading & Research (IIDGR) business is running synthetic detection symposiums around India to demonstrate its technology to all elements of the Indian diamond community. The IIDGR team, led by the Institute’s Commercial Director, Jamie Clark, are at the Bharat Diamond Bourse in Mumbai on 16th
Foundation Stone of Surat ‘DREAM City’ Laid
Surat: Gujarat chief minister, Anandiben Patel on Sunday laid foundation stone for Diamond Research and Mercantile (DREAM) City to be spread over an area of about 2,000 acres in Khajod area situated on the outskirts of the city. Diamond city Surat will house Gujarat’s third smart city after GIFT City, near Gandhinagar, and Dholera, near Ahmedabad taking forward the Prime
Online Sales to Surge 40% for Valentine's Week
Mumbai: ASSOCHAM forecast that Valentine’s week online sales in India will jump 40 percent year on year to $3.53 billion (INR 220 billion) as consumers have increased spending power and they strive to celebrate the festival with gifts of jewelry, flowers and electronics. The week has already begun with Rose Day on February 7, followed by Proposal Day on February
