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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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Pure Gold Jewellers Investing $25 Miln in GIFT City
Dubai: Dubai-based Pure Gold Jewellers recently announced its plans to invest $25 million in the Gujarat International Finance Tec-City (GIFT) City project, which will create the first global financial hub in India. GIFT City is a 50:50 joint venture between the Gujarat Urban Development Company Limited (GUDCL) and Infrastructure Leasing and Financial Services (IL & FS) Limited. The project was
Argyle Pink Diamond Coin Released
Perth: The Perth Mint has released a 2oz pink gold coin featuring a hand-set pink diamond from the Argyle diamond mine. The limited-edition Kimberley Sunset coin, created in association with Rio Tinto, is being sold for AU$8,000 ($6,253). The small diamond in each coin is sized between 0.035 and 0.045 carats. The reverse side of the coin depicts a boab
JNA Awards Announces Categories for 2015
Hong Kong: JNA Awards, the annual industry-wide event that honours innovators, leaders and outstanding enterprises of the international jewellery and gemstone industry with a focus on their contributions in Asia, has 16 award categories for 2015. Organized by JNA (Jewellery News Asia), JNA Awards 2015 is led by Rio Tinto Diamonds and Chow Tai Fook as Headline Partners, with Diarough
Vipul Shah Gets Amity Export Exc. Award
New Delhi: Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Vipul Shah was conferred with the Amity Export Excellence Award at the Valedictory Function of the 15th International Business Summit & Research Conference INBUSH-ERA organized by Amity University at its campus in Noida on February 27, 2015. The award is part of the Amity Corporate Excellence Awards that are
7th Platinum Season of Love from 25th April
Mumbai: Platinum Guild International (PGI), India has announced the return of its iconic retail programme, the seventh edition of Platinum Season of Love, set to unfold from 25th April to 31st May 2025. As a strategic anchor in PGI India’s annual calendar, this retail initiative continues to play a pivotal role in catalyzing both consumer demand and retailer engagement for
BDB Hosts Ministerial Delegation
Mumbai: Bharat Diamond Bourse (BDB) hosted two prominent dignitaries Mr. C.R. Patil, Union minister of Jalshakti and Mr. Harsh Sanghvi, Minister of Home, Industries, Transport, Youth & Sports, Government of Gujarat for a tour of BDB which is one of the largest functional Diamond Exchanges in the world. Mr. Kirit Bhansali, Chairman, GJEPC, Mr. Anoop Mehta, President BDB, Mr. Mehul
GJEPC Briefs PMO on US Tariff Impact
New Delhi: India’s gem and jewellery sector has formally presented its key demands to the Government of India, urging for relief from US tariffs amid escalating trade tensions. GJEPC’s industry representation to the GoI encapsulates key areas requiring immediate attention under the proposed Bilateral Trade Agreement (BTA). A high-level delegation, led by Mr. Kirit Bhansali, Chairman, GJEPC, met Principal Secretary
GJEPC Becomes Title Partner of IIJS-JCL
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has become the Title Partner of the highly anticipated IIJS-JCL (Jewellers Cricket League), which kicked off on 11/04/2025) at the state-of-the-art Cricket Hub Ground, strategically located on the Banur-Landran Highway in Mohali. Representing GJEPC at this exciting event are esteemed officials Mr. Shamal Pote, Director along with team Mr. Pranabes Hazra
