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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Titan Plans to Shift Manufacturing Units to UAE

Mumbai: Titan, India’s largest jeweller and watchmaker, is considering moving part of its manufacturing operations to the UAE to preserve low-tariff access to U.S. markets amid escalating trade tensions between Washington and New Delhi, according to media reports. A part of the Tata Group, Titan recently announced plans to acquire a majority stake in Dubai-based luxury retailer Damas, which runs

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Gemfields Sells ‘Faberge’ for $ 50 Million

London: Gemfields announces that it has signed an agreement to sell its entire interest in wholly owned Fabergé Limited (‘Fabergé’), the iconic luxury brand, to SMG Capital LLC (the ‘Buyer’), for a total consideration of USD 50 million. Of that sum, USD 45 million is payable to Gemfields by the Buyer on completion of the sale (which is expected on

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GJEPC to Celebrate PM’s 75th Birth Day in a Unique Way

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has pledged to introduce a nationwide blood donation campaign to commemorate and celebrate Hon’ble Prime Minister Mr. Narendra Modi’s birthday on 17th September 2025. The same day will be celebrated as the National Jewellers Day every year. Mr. Nirav Bhansali, Convener, National Exhibitions GJEPC announced during the IIJS Premiere 2025 that

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Golden Carat Launches Jewel of Time Awards

Mumbai: Golden Carat Pvt Ltd, India’s Diamond Jewellery Manufacturer launched GOLDIS | ‘Jewel of Time Awards’ at the IIJS Premiere show in Mumbai. The award was launched during the India Jewellery Designer & Artisan Forum held at the IIJS Premiere 2025. ‘Jewel of Time Awards’ is initiated by Golden Carat Pvt Ltd to recognize the valuable services offered by Industry

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GJEPC’s 2023-24 Budget Recommendations

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has put forth a series of recommendations for the Union Budget 2023- 24 across verticals of gem and jewellery, to propel the exports from the current $40 billion levels to achieve the goal of $55 billion in exports in the next few years 5 Key Recommendations are as follows: Allow Sale

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GJC Conducts Installation Ceremony

Mumbai: The Installation ceremony of Committee of Administration (COA) of India’s prestigious gems and jewellery industry body the All India Gem and Jewellery Domestic Council (GJC) concluded successfully on 29th January 2023 at Hotel St Regis, Mumbai. Attended by more than 200 prominent jewellers from across India, Mr. Saiyam Mehra the New Chairman of GJC and Mr Rajesh Rokde, Vice

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World Jewellery Confederation to Launch CIBJO Academy

Milan: World Jewellery Confederation President Gaetano Cavalieri has announced the establishment of the CIBJO Academy, which will be responsible for the preparation and delivery of educational programmes and materials, suitable for jewellery professionals and the consuming public, about standards, operating principles and terminology developed within CIBJO’s various commissions and expert committees. The announcement was made at the VICENZAORO show in

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HRD Antwerp Announces Winners of 18th Design Awards

Antwerp: In the fully packed Teatro Palladio at Vicenzaoro, the reinvented design competition came to its conclusion with the announcement of the 3 category winners, the two runners-up and the overall competion winner. That final honor falls upon the young and new talent Wang Xuerui from China. CEO Ellen Joncheere also launched a new initiative to support young designers worldwide:

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