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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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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
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
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
De Beers Unveils Landmark Initiatives at IIJS’25
Mumbai: At the 41st edition of the India International Jewellery Show (IIJS Premiere), held at the Jio World Convention Centre, Mumbai, De Beers Group unveiled a trio of landmark initiatives that mark a new chapter for the natural diamond industry in India. As the country has become firmly established as the world’s second largest market for diamond jewellery, De Beers
IGJS Kickstarted in Dubai
Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully kickstarted the International Gem & Jewellery Show (IGJS) 2021 in Dubai yesterday at the Grand Hyatt. It is the first ever gem and jewellery physical event hosted internationally, since the onset of pandemic. The show was inaugurated by His Excellency Pavan Kapoor, Ambassador of India to UAE along with Mr.
CIBJO Describes Jewellery Ind.’s Role as a Catalyst
Milan: CIBJO President Gaetano Cavalieri has described to an audience of business and industry leaders meeting in the Italian capital of Rome, as well as online, the current and potential role of the jewellery industry as a catalyst for the fulfilment of the Sustainable Development Goals (SDGs). He was participating in the Sustainable Development Festival (Festival dello Sviluppo Sostenibile), organised
IIGJ Mumbai Holds Glimpz 2021 Exhibition
Mumbai: Glimpz, the annual jewellery exhibition by graduating students of the Indian Institute of Gems & Jewellery (IIGJ) Mumbai, was inaugurated on 25th September 2021 at the Andheri campus. The theme of Glimpz 21 was “India…Enticing Land of Wonders”, based on the unique crafts and architecture exclusive to each Indian state and its ethos, the institute said. Each design undergoes
Kiara Advani is Brand Ambassador of Senco Gold
Kolkata: Senco Gold & Diamonds, one of India’s largest jewellery retail chains has signed Bollywood actress Kiara Advani as their brand ambassador. She will be promoting entire gold jewellery range of the brand. Senco Gold & Diamonds also unveiled their new campaign titled ‘Now is the time’ featuring Kiara. Kiara Advani, who has joined the likes of Vidya Balan, Deepika
