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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Aupulent Jewellery Marks Milestone in Ethical Luxury

Mumbai:: Aupulent Jewellery, India’s lab-grown diamond brand, is redefining modern luxury with a powerful blend of legacy craftsmanship and sustainable innovation. Founded in 2021 by Surya Jain, a 5th-generation jeweller with a 150-year family heritage, the brand has quickly emerged as a frontrunner in the lab-grown diamond sector—championing a future where fine jewellery is both ethical and accessible. From its inception,

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Rosy Blue Foundation Launches Scholarship

Mumbai: The Rosy Blue Foundation, the philanthropic arm of Rosy Blue, a global leader in the diamond and jewellery industry, proudly announces the official launch of the Arunkumar & Ramniklal Mehta (ARRA) Scholarship, following a successful pilot phase in 2024. Established in memory of Late Shri Ramniklalbhai Rajmalbhai Mehta and Late Shri Arunkumar Ramniklalbhai Mehta, this flagship initiative aims to

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Candere Signs Shah Rukh Khan as Brand Ambassador

Mumbai: Candere, the lifestyle jewellery brand from the House of Kalyan, has appointed Shah Rukh Khan as its brand ambassador, marking a pivotal moment in its national expansion strategy. This partnership underscores Candere’s commitment to redefining jewellery for a new customer category – celebrating individuality, meaningful gifting, and everyday self-expression. With his global appeal and timeless charm, Shah Rukh Khan

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Gemfields Announced $30 Mln. Rights Issue

London: Gemfields Group Limited, a company incorporated in Guernsey and listed on the Johannesburg Stock Exchange (JSE:GML) and AIM (AIM:GEM), has announced the launch of a fully underwritten Rights Issue to raise approximately $30 million. The Rights Issue will offer 10 new shares for every 21 existing shares at a price of 4.22 pence or ZAR1.06860 per new share. The

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IIJS Signature Holds Roadshows Across The World

Mumbai: As part of IIJS Signature 2023 promotion, IIJS team is visiting Abu Dhabi, Bahrain Bangladesh, Dubai, Malaysia, Nepal, Italy, Sharjah, Saudi Arabia, Singapore and Thailand through November & December The Gem & Jewellery Export Promotion Council (GJEPC), as part of its aggressive promotion of IIJS Signature 2023, has organised roadshows in important international markets. GJEPC, so far, has organised, roadshows in

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De Beers Realises $450 mln from 9th Cycle

Gaborone: De Beers realised $450 million from the ninth rough diamond sales cycle of 2022 compared to $438 million, a year earlier. The revenue dropped 12.1% when compared to $508 million realised during the eighth sales cycle of the year. De Beers chief executive Bruce Cleaver said the group witnessed good demand for its rough diamonds during the cycle with

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Price of Fancy Color Diamonds Rose 1.0% in Q3 2022

Ramat Gan: The Israel-based Fancy Color Research Foundation (FCRF) said the average price of all colours and sizes of fancy colour diamonds climbed by 1.0% in Q3 2022. This follows an increase of 0.8% in Q2 2022. This climb was in contrast to the trend in white diamonds, which declined by 6.7%, FCRF said. Fancy Vivids across all colour categories

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Bigger and Brighter JGT Dubai from 12th Feb 2023

Dubai: Building on the success of its maiden edition, Jewellery, Gem & Technology Dubai (JGT Dubai) is returning to the Dubai World Trade Centre (DWTC) from 12 to 14 February 2023 with more world-class exhibitors, product introductions and the second annual JWA Dubai Awards Presentation Ceremony and Panel Discussion. Designed around the show theme, “The Centre of Business,” and positioned

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