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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RJC Restructures Management Team

New York: The board of directors for the Responsible Jewellery Council (RJC) resolved to restructure its management team and introduce the role of executive director in place of its former CEO, Ashish Deo, who left the organization. James Courage, the chairman of the board, or Charles Chaussepied, the board’s vice chair, is expected to address the changes in detail during

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GJEPC & IDI Inaugurate DDRC in Surat

Surat: The Gem & Jewellery Export Promotion Council (GJEPC) along with Indian Diamond Institute (IDI) launched the Diamond Detection and Resource Center (DDRC) on 3rd April, 2015 at the Indian Diamond Institute (IDI), Surat. The Facility was inaugurated by Chief Guest Shri Saurabhbhai Patel, Hon’ble Minster of Finance, Energy, Petro Chemicals & Mines, Tourism, Cottage & Salt Industry, Government of

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Israeli Companies Take on Rapaport List

Ramat Gan: A group of leading Israeli diamond traders and manufacturers have decided to post their diamond stocks at full prices on the RapNet Diamond Trading Network (RapNet). The decision follows the publication of the latest Rapaport price list which showed that Rapaport had reduced the prices of a wide range of diamond categories without any commercial justification. The group

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GJEPC-De Beers Discusses Key Industry Issues

Mumbai: Delegations of the GJEPC and De Beers exchanged views on key industry issues at a meeting held in the GJEPC premises yesterday. The De Beers team was led by Group CEO Phillipe Mellier, while the GJEPC team included Chairman Vipul Shah, Vice Chairman Pankaj Parekh and other senior members of the trade. The GJEPC presented its perspective of the

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Kirit Bhansali Graces KJIF 2025 as Chief Guest

Kochi: Mr. Kirit Bhansali, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) was invited as the Chief Guest at the inauguration of the Kerala Jewellery International Fair (KJIF) 2025, held at the Adlux International Exhibition & Convention Centre, Angamaly, Kochi, on 27th June 2025. Organized by the Kerala Gold & Silver Merchants Association and United Exhibitions, KJIF is

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Aditi Tatkare Inaugurates InnovNXT 40 Under 40

Mumbai: The future of India’s gem and jewellery industry came alive at the launch of InnovNXT 40 Under 40 in Mumbai on 25th June 2025 — a dynamic initiative by the Gem & Jewellery Export Promotion Council (GJEPC), the apex body for the gem and Jewellery industry in India, aimed at recognising and empowering its next generation of leaders. With

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Candere Unveils New Store in Panvel

Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers, has further expanded its presence in Mumbai with the launch of its 7th store in the city, located in Panvel, Navi Mumbai. With this addition, Candere now operates 77 stores across India, reflecting its commitment to bringing distinctive jewellery collections to a wider audience in the region. This expansion marks a

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GJEPC Organizes INNOVNXT 40 UNDER 40

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organized INNOVNXT 40 UNDER 40 SESSION on 25th June. It is an initiative by GJEPC to recognize and celebrate 40 young innovators in the jewelry industry, under the age of 40, who are driving growth through new-age marketing techniques and adaptability. The program aims to foster industry growth by equipping the

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