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

Read More »

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

Read More »

Top News

WFDB Praises Luanda Accord to Support Natural Diamonds

Antwerp: The World Federation of Diamond Bourses expressed full support for the Luanda Accord, the agreement reached last week among major diamond-producing countries and trading centers to fund the promotion of natural diamonds, in a meeting in Luanda, Angola. All the signing parties have agreed to contribute 1% of the annual revenue they generate from rough diamonds to the Natural Diamond

Read More »

GIA Appoints Pritesh Patel as President & CEO

Mumbai: The Board of Governors of the Gemological Institute of America, Inc. (GIA) has named Pritesh Patel, currently GIA’s Chief Operating Officer, as the Institute’s President and Chief Executive Officer, effective August 4, 2025, according to a press release. Mr. Patel succeeds Susan M. Jacques, GIA’s President and CEO since 2014, who will continue at GIA as a strategic advisor

Read More »

Stage is Set for Platinum BSM in Kochi

Mumbai: All roads now lead to the Platinum Guild International (PGI) – India’s 8th annual flagship event, the Platinum Buyer-Seller Meet (BSM). Scheduled to take place on June26th and 27th, 2025, in Kochi, this marquee industry event will bring together leading retail and manufacturing partners across India’s platinum jewellery industry to showcase innovation, foster strategic partnerships, and drive category growth in a dynamic

Read More »

Endiama, Sodiam Join Natural Diamond Council

Mumbai: Angola’s two leading state-owned diamond institutions, ENDIAMA E.P. and SODIAM E.P., have formally announced their joint commitment to generic category marketing by joining the Natural Diamond Council (NDC) as contributing members, effective July 1, 2025. As the third-largest global producer of natural diamonds and one of the most promising in terms of future deposit discoveries, Angola continues to strengthen

Read More »

The Journal of Gemmology Joins Web of Science

London: The Gemmological Association of Great Britain (Gem-A) has announced that its flagship publication, The Journal of Gemmology, has been accepted for indexing in Thomson Reuters’ new Emerging Sources Citation Index (ESCI), part of the prestigious Web of ScienceTM research platform. This exciting development will allow The Journal to be fully searchable and citable by academics, authors and researchers across

Read More »

China's Bank Buys 1,500-Tonne Gold Vault

London: China’s largest bank is buying the lease on Deutsche Bank’s huge London gold and silver vault, enlarging its footprint in the city’s bullion market, according to reports. ICBC Standard Bank, which took a controlling stake in London-based Global Markets business last year, has also applied to become a clearing member of the London gold and silver over-the-counter business. The

Read More »

Element Six Sues IIa Technologies

Singapore: Element Six Technologies Ltd has today (12 January 2016) begun legal action in Singapore against IIa Technologies Pte. Ltd alleging infringement of its patents concerning synthetic diamond material. Element Six believes that certain of its patents for proprietary synthetic diamond products and their method of manufacture have been infringed (in particular Singapore patent numbers 115872 and 110508). It is

Read More »

National Jewellery Awards on 6th Feb in Mumbai

Mumbai: The All India Gems & Jewellery Trade Federation (GJF) has announced its 6th edition of National Jewellery Awards (NJA) 2015 -16, Grand Finale to be held in Mumbai on 6th February, 2016. The NJA, being the most prestigious awards of the Gems & Jewellery industry will recognize and honor design, talent and establish new trends in the Indian Jewellery

Read More »

Latest Videos