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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
GJEPC Once Again Demands Reduction in Gold Duty
GJEPC Sends Budgetory Demands to the Govt. Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman is scheduled to present budgetary proposals in the Parliament on the 1st February, 2020. The country’s Gem & Jewellery sector as been demanding some incentives and has sent a list of its demands to the Finance Minister. Mr. Pramod Agrawal, Chairman of the Gem & Jewellery
HRD Antwerp Announces New CEO
InAntwerp: After a long period of uncertainty, HRD Antwerp is looking to the future with a new and ambitious CEO. Ellen Joncheere, formerly the General Manager at Fremach, will be the new CEO at HRD Antwerp as of January 20th. The current interim CEO, Michel Janssens, will be retiring next summer. Ellen has worked in a wide range of other
Mediterranean Gemmological & Jewellery Con. from May 15
Vancouver: The organisers of the Sixth Mediterranean Gemmological & Jewellery Conference, to take place in Thessaloniki, Greece, from May 15-17, have announced the top-level speakers taking part in the event. The overall theme of the 2020 conference will be ‘Valuation and Marketing Of Diamonds And Gems’, and the gathering will also feature seven parallel workshops. The conference has grown in
First Ever IJES Successfully Organized by GJSCI
Mumbai: The 1st edition of India Jewellery Excellence Symposium (IJES) an initiative of the Gem & Jewellery Skill Council of India (GJSCI) was held in Mumbai on January 8th & 9th, 2020. GJSCI works towards the advancement of the gems and jewellery industry through its various skilling initiatives all over India. It covers skilling under all the areas and functions
