loader image
Connect with us

International News

Gold prices edge lower amid strong dollar

Published

on

1,884 views

Indian gold prices eased on Friday, September 26, tracking global cues as stronger US economic data lifted the dollar and dampened hopes of further rate cuts this year. In domestic markets, 24-carat gold traded at Rs.11,488 per gram, while 22-carat stood at Rs.10,530 and 18-carat at Rs.8,616.On the international front, spot gold slipped 0.1% to $3,745.67 an ounce, while US December futures were steady at $3,774.80. Despite the pullback, the yellow metal remains up 1.6% for the week.

The retreat followed upbeat US economic indicators—faster GDP growth and lower jobless claims—which reduced the odds of additional monetary easing in 2025. The US dollar index climbed to a three-week high, eroding gold’s appeal to non-dollar investors.

Continue Reading
Advertisement
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

International News

Pre-CIBJO Congress 2025 Special Report presents guideline for jewellery business and product integrity

Published

on

1,832 views

With fewer than five weeks to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the sixth of the pre-congress Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Sara Yood, the report outlines four critical dimensions of business integrity as relevant to the jewellery and watch industries, namely anti-money laundering and financial transparency, marketing ethics and greenwashing risks, consumer disclosure and product integrity, and technology and transparency tools.

“Today, no issue is more urgent than ensuring integrity and transparency across the supply chain,” Sara Yood writes. “As consumer expectations evolve and regulatory frameworks tighten, the industry must reaffirm its commitment to honest practices that protect both businesses and consumers. Blockchain technology, for example, can provide tamper-proof records of provenance, while artificial intelligence (AI) may lead to greater consistency in grading and pricing,”New technologies may be a useful tool for strengthening the integrity of the jewellery industry, Yood points out. she notes.

But she warns, technology also may pose a risk. “Blockchain systems rely on the accuracy of the data input. False or incomplete information at the source compromises the entire chain. AI systems, while efficient, may embed biases or lack transparency in their decision-making processes,” Ms. Yood states.

Integrity and transparency are not abstract ideals – they are necessities for the jewellery industry to continue to succeed. Without them, consumer trust erodes, regulators impose harsher restrictions, and the industry’s symbolic value is diminished.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x