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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Sky Gold Enters MSCI India Domestic Small Cap Index

Mumbai: Sky Gold & Diamonds Ltd, one of India’s fast-growing jewellery manufacturers, has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. The inclusion marks an important milestone for Sky Gold, reflecting the company’s growing presence and relevance within India’s listed small-cap universe. A key development during the current quarter

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CIBJO Pays Tribute to Vasant Mehta

Milan: The World Jewellery Confederation (CIBJO) mourns the passing of Vasant Mehta, a prominent leader of the Indian diamond and jewellery industry, who passed away yesterday at the age 81. A former chairman of the Gem & Jewellery Export Promotion Council (GJEPC), a position he filled from 2008 to 2010 after two terms as vice chairman, he represented the Indian

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Vasant Mehta, Illustrious Leader of G&J Industry Dies

Mumbai: The Indian gem and jewellery industry has lost one of its most respected statesmen. Vasant Mehta, former Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), passed away today, leaving behind a remarkable legacy built over several decades of dedicated service to the industry. A second-generation diamantaire, Mehta graduated from Calcutta University and moved to Mumbai in 1966,

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BSM Brazil 2027 Returns to São Paulo with Expanded International Presence

São Paulo, Brazil: Following the remarkable success of its previous editions, Buyer Seller Meeting (BSM Brazil) will return to São Paulo in April 2027, further strengthening its position as Latin America’s premier international B2B event for the diamond, gemstone, jewelry and precious metals industries. Organized with the mission of connecting qualified buyers and leading international suppliers, BSM Brazil 2027 will welcome an even larger number

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New Gold Hallmarking Process Started from 15th Jan

New Delhi: Government of India has made the process of hallmarking of gold jewellery mandatory from 15th January, 2020, but it will give one year’s time to jewellers to register themselves with the Bureau of Indian Standards (BIS) and clear their old stock. A notification to make mandatory hallmarking of gold jewellery from 15 January 2021 will be issued by the Consumer

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IIJS Signature 2020 to have Special Design Pavilion

Mumbai: IIJS Signature, India’s first trade show of the calendar year is regarded as the nerve centre of jewellery design and technology – attracting domestic and international buyers alike. The 13th edition of IIJS Signature 2020 will be held from February 13th-16th at Bombay Exhibition Centre, Mumbai. This premium B2B jewellery-buying show has already attracted more than 10,800 pre-registered visitors. These visitors have confirmed their

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Divine Solitaires Launches E-Commerce Platform

Mumbai: Divine Solitaires, India’s first solitaire jewellery brand announced the launch of its E-commerce platform with an aim to make the best of the solitaires available to their customers in the comfort of their home. Having been a specialist of the solitaire segment for over a decade, Divine Solitaires (www.divinesolitaires.com/shop) is now the only online platform exclusively dedicated to selling

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CIBJO Seminar to Focus on Challenges Faced by SMEs

Milan: With responsible sourcing policies, verifiable supply chain integrity and social and environmental sustainability fast becoming requirements for companies operating in the jewellery sector, small and medium-sized enterprises are feeling increasingly pressured. The cost of conducting due diligence can be restrictive, and often is a source of anxiety, particularly in Italy, where all but a handful of companies are SMEs

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