Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded

Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and

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Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded

Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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IGM Appoints Nirakar Chand as MD of BullionX

Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and

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CIBJO Unveils Artworks of Reena Ahluwalia Celebrating Centenary Year

Vicenza: As a highlight of the opening day of the 2026 CIBJO Congress, that began on the 4th September, 2026 in Vicenza (Italy), two dedicated creations by the noted Canadian visual artist Reena Ahluwalia, celebrating the Centenary Year of the World Jewellery Confederation (WDC) were unveiled. Both creations were donated to the collection of the Museo del Gioiello –the jewellery

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Senco Gold with Olocker Provide Jewellery Insurance

Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —

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Sovereign Gold Bonds Open Today for Subscription

Mumbai : The sixth tranche of gold bonds of this fiscal opens for subscription tomorrow amid volatile prices of the yellow metal in recent days. The Reserve Bank of India (RBI) has fixed the issue price at 5,117 per gram. Those applying online and making payment online get a discount of ₹50 per gram. For such investors, the issue price of

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Alrosa also Offers Discounts on Rough

Moscow: Alrosa has reportedly followed De Beers by discounting rough prices in response to the coronavirus slump in demand. Last week De Beers was reported to have lowered the price of larger stones at Sight 7 by as much as 10 per cent. Both miners have held firm with sales-over-volume policies until now, despite smaller rivals offering discounts of up

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GJEPC UNCUT 2020: Webinar with IT Department

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) jointly organized an informative webinar along with top officials of the Income Tax Department on 28th August, to discuss the benefits and outline the procedures of the “Faceless Assessment Scheme, Appeals and Income Tax Charter”. The discussion touched upon the benefits of new faceless assessment, appeals and Income Tax Charter and

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CIBJO's 2nd Webinar Series Kicks off from Sep 3

Milan: Season 2 of CIBJO’s popular webinar series will kick off on Thursday, September 3, 2020, with a panel of retail jewellery trade experts, who together will consider one of the most vexing challenges facing their sector in living memory – how to plan and prepare for the upcoming holiday seasons in the midst of a global pandemic. Traditionally, the

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