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

2024 CIBJO Congress to be Streamed Live

Milan: The 2024 CIBJO Congress is set to open in Shanghai, China, on November 2, and for the first time in the history of the three-day event, it will be broadcast live worldwide. Free access to the live broadcast will be available via the dedicated congress website at  https://cibjo.org/congress-2024/ or via the CIBJO YouTube channel at  https://www.youtube.com/@cibjocommunications9276/streams. The Digital Binder of the

Read More »

GJC Advises Jewellers to Carry Essential Documents

Mumbai: The All India Gem and Jewellery Domestic Council (GJC) has called upon its members and industry stakeholders to carry out all necessary documentation to ensure the smooth movement of goods during the upcoming Maharashtra election. The GJC’s directive covers items such as gems and jewellery, bullion, precious stones, and allied articles. In light of the upcoming Maharashtra elections, GJC

Read More »

GJEPC Hosted Dr. S. Jaishankar

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) hosted Dr. Subrahmanyam Jaishankar, the External Affairs Minister, Govt. of India at its head office on Sunday 27th October. Dr. Jaishankar was visiting Bharat Diamond Bourse (BDB) in Mumbai for an interaction on India’s foreign policy at an event titled “Indian Foreign Policy: A Transformational Decade”, which aimed to explore the

Read More »

Reena Ahluwalia Donates ‘Pristine’ Canadian Diamond Painting

Toronto: The Canadian Jewellers Association (CJA) held the CJA Industry Summit on Oct. 21 at The St. Regis Toronto. The CJA summit is Canada’s premier jewellery industry event. The Chair of CJA, Angela Betteridge invited artist and jewellery designer Reena Ahluwalia to showcase her diamond artworks at the event. Upon invitation, Artist Reena Ahluwalia donated ‘Pristine’, her Canadian diamond painting,

Read More »

India's Polished Diamond Exports +11% in Nov

Mumbai: India’s polished diamond exports jumped 10.8 percent year on year to $1.559 billion in November, according to preliminary data from the Gem & Jewellery Export Promotion Council. By volume, exports rose 41.8 percent to 2.59 million carats. Polished imports, meanwhile, surged 124.9 percent to $882 million, leaving net exports down 5 percent at $677 million. Rough imports rose 35.6

Read More »

ALROSA Finds Rock with 30,000 Diamonds

Moscow: Mining giant ALROSA has uncovered a rare rock containing an astonishing 30,000 diamonds at its Udachny diamond mine in Russia, Mining Global reports. The stone is red and green, measures 30 millimeters and has a concentration one million times higher than normal. Despite the discovery, the diamonds in the rock are too small to be used as gems and

Read More »

Sightholders Reject Goods at Dec De Beers Sight

Gaborone: De Beers December sight closed with an estimated value of $600 million. Minor adjustments to prices and assortment qualities were reported in different categories, but no significant changes were noted. Sightholders and brokers reported that a large number of boxes were deferred, with the highest estimate of the amount of goods left on the table — reaching 25 percent

Read More »

Sixth Edition ADTF from Feb 1-3, 2015

Antwerp: The Antwerp Diamond Trade Fair (ADTF), which enjoys industry wide international support, now stands at the top of the agenda and calendar of international diamond buyers from the jewellery industry and trade. “During the first five years of the Fair’s existence, we’ve become the number one by-invitation-only fair for diamond buyers around the world, in particular diamond buying jewellery

Read More »

Latest Videos