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Israel’s Diamond Industry Under Severe Pressure
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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
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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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
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
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 —
CIBJO Centenary Congress Calls for Standards, Sustainability & Consumer Confidence
Vicenza: The 2026 CIBJO Centenary Congress opened in Vicenza with welcome addresses from Italian government and industry leaders, who congratulated the World Jewellery Confederation on its first 100 years and highlighted the importance of standards, sustainability and consumer confidence to the global gems and jewellery industry. The congress, being held at the Fiera di Vicenza during the VICENZAORO jewellery show,
GJNRF Extends Helping Hand During the Pandemic
Mumbai: Whenever there is a crisis, Gems & Jewellery National Relief Foundation (GJNRF) has been quick to respond and has come forward to help the needy people. This time around, during Covid 19 Pandemic, GJNRF is working with the guidance and advise of Maharashtra Govt. and BMC for the charity work in Mumbai. GJNRF has been reaching out to people
CIBJO Postpones Annual Congress
Milan: CIBJO, the World Jewellery Confederation, has announced that its annual congress, which this year was scheduled to have taken place in Dubai, UAE, October 5 to 7, will be postponed to 2021, as a result of the COVID-19 global pandemic. The decision to postpone the congress was taken during a video conference of the CIBJO Board of Directors, following
Edward Asscher Becomes President of the WDC
New York: Mr. Edward Asscher is the new President of the World Diamond Council (WDC), the international organization that is charged with leading the industry’s effort to prevent conflict diamonds from entering the jewelry supply chain and with representing it in the tripartite Kimberley Process coalition. Formerly the WDC Vice President, he assumed the role during a virtual Board Meeting
Angola to Develop Market Infrastructure
Luanda: Dr. Diamantino Pedro Azevedo, the Minister of Mineral Resources and Petroleum of the Republic of Angola has announced plans to further develop its industry specific market infrastructure and plans to optimise and widen its services to the global diamond trade through the establishment of an Angolan Diamond Hub and an Angolan Diamond Bourse (ADB). Angola has in total 14
