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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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Shaping the Roadmap for India’s $100 Bln. G&J Future
Mumbai: Department of Commerce, in association with the Gem & Jewellery Export Promotion Council (GJEPC), yesterday convened the ‘Chintan Shivir – 2040 Roadmap for Gems & Jewellery’, a high-level dialogue aimed at developing a comprehensive strategy to help India achieve its ambition of USD 100 billion in gems and jewellery (G&J) exports by 2040. The roadmap envisages an increase in
India’s Largest Platinum Experience Zone at Kalamandir Jewellers, Vadodara
Vadodara: Kalamandir Jewellers has unveiled India’s largest Platinum Experience Zone at its new flagship store in Vadodara, creating a dedicated destination for consumers to explore platinum jewellery across designs, occasions andprice points. The launch strengthens the visibility of platinum jewellery in Gujarat and complements Platinum Guild International’s (PGI) ongoing efforts to build awareness and appreciation for the metal through consumer education, design innovation
JGW Hong Kong Begins from 14th September
HONG KONG: Next month, the global jewellery industry has only one destination: Hong Kong. Organised by Informa Markets, JGW September (Jewellery & Gem World September) brings together 3,000+ exhibitors from 40+ countries and regions, all showcasing the collections that will define retail displays worldwide. This is the trade’s ultimate B2B sourcing destination: Six specialised buying experiences where attendees move beyond
GSI Issues India’s First Pigeon Blood Reports
Jaipur: Gemological Science International (GSI), one of the world’s largest gemological organizations, has begun issuing colored stone reports carrying recognized color trade names — Pigeon Blood for ruby, Royal Blue and Padparadscha for sapphire — in Jaipur and Mumbai. It is the first time such reports have been issued in India. The designations are granted only to untreated stones. Heated, diffused or otherwise enhanced material is
De Beers Q4 Rough Production Drops by 15%
London: Anglo American yesterday (Thursday) announced that De Beers’ Q4 2019 production dropped by 15% to 7.8 million carats compared to Q4 2018 (9.1 million carats). The company said the lower figures were because of lower production levels in South Africa and Botswana. For the full year, De Beers’ diamond production totaled 30.8 million carats, a drop of 13% compared
Forevermark Launches Second Boutique in Kolkata
Kolkata: Forevermark, the diamond brand from the De Beers Group, starts the new year with the launch of an exclusive boutique with Indian Gems and Jewellery Creation, a leading jewellery brand in Kolkata. This is the second Forevermark Boutique in the city, which exclusively retails Forevermark diamonds in a wide variety of elegant cuts, designer jewellery and loose diamonds. Forevermark diamonds are the world’s most carefully
GJEPC to Organise 'Design Inspirations' on 16th Feb
Mumbai: Design Inspiration is one day Design Seminar to be held on 16th February, 2020 at Bombay Exhibition & Convention Centre (also known as NESCO), Mumbai. Experts will speak on Jewellery Trends for India, Europe & USA. Some of the renowned speakers include: Ash Allibhai (ASBO magazine), Ruchika Sachdeva (Bodice Studio), Narendra Kumar (Fashion Designer), Noelle Van Gelder (Van Gelder
Atul Saraf Receives Purvanchal Icon Awards
Gorakhpur: Uttar Pradesh’s leading jewellery chain Aisshpra Gems & Jewels Director Mr. Atul Saraf received Icon of the Year Award at Purvanchal Icon Awards by actor Govinda during the Purvanchal Icon Awards event held in Gorakhpur. Aisshpra Gems & Jewels has emerged as one of the credible and renowned jewellery houses of Uttar Pradesh under the leadership of Mr. Atul
