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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Russia Plans Europe’s Largest Diamond Cutting Cluster

Moscow: Russia is planning to create the largest cluster of diamond-cutting facilities in Europe, in a move aimed at retaining more value from its stones. The cluster will combine Alrosa’s Kristall cutting plant in Smolensk with facilities in the Republic of Sakha (Yakutia), Russia’s main diamond-producing region. President Vladimir Putin formalized the plan in an executive order signed August 6.

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Sky Gold & Diamonds Unveils Innovative Designs

Mumbai: Sky Gold & Diamonds showcased its strong focus on innovation and design excellence at IIJS Premiere 2026, unveiling a diverse portfolio of products reflecting evolving consumer preferences and market trends. The showcase was attended by Mr. Rajesh Kalyanaraman, Executive Director, Kalyan Jewellers, and Mr. Ba Ramesh, Joint Managing Director, Thangamayil Jewellery Ltd., along with Sky Gold & Diamonds’ Directors

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GJC Announces 15th Edition of National Jewellery Awards

Mumbai:   The All India Gem & Jewellery Domestic Council (GJC) proudly announces the 15th edition of the National Jewellery Awards (NJA’26), India’s most prestigious celebration of excellence in the gem and jewellery industry. Widely regarded as the industry’s highest honour, the National Jewellery Awards recognise and celebrate exceptional achievements in jewellery design, manufacturing, retailing, craftsmanship, innovation, and branding. Entries for NJA 2026

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Namibia Delegation Explores Direct India Diamond Trade

Mumbai: A senior Namibian delegation led by Ms. Gaudentia Krohne, Deputy Minister, Ministry of Industries, Mines and Energy, visited India’s Gem & Jewellery Export Promotion Council (GJEPC) office on 11 August as part of a B2B engagement aimed at exploring greater cooperation between Namibia and India’s diamond industry. The delegation included Rehabeam Nepaya, Deputy Director, Diamond Affairs; Secret Ruhaka and

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Bruce Cleaver Appointed as CEO of De Beers Group

Gaborone: De Beers Group announces the appointment of Bruce Cleaver as CEO, following Philippe Mellier’s decision to step down after five years with the company. The appointment will take effect on 1 July 2016. Bruce Cleaver served as De Beers’ executive director responsible for strategy and commercial relationships until 2015, also serving as Co-Acting CEO for a year prior to

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PDE Becomes World Jewelry & Diamond Hub

Dubai: The Panama Diamond Exchange (PDE), Latin America’s first diamond bourse, will from now on be known as the “World Jewelry & Diamond Hub, Panama.” The move was approved by the General Assembly of the World Federation of Diamond Bourses, during the 37th World Diamond Congress in Dubai, May 16-19. The change was announced by the Panamanian bourse’s president, Mahesh

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Israel Wraps Up Successful Rough Diamond Week

Ramat Gan: The 3rd International Rough Diamond Week, which ended today, was judged a success by both rough sellers and buyers. Participating rough producers – De Beers Auctions, Rio Tinto and Alrosa, as well as Israeli importer Tzoffeys 1818 – reported a high level of interest in their tenders. In addition, leading Israeli rough importers who took part in an

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WDM Makes Strong Impression at 37th WDC

WDMHong Kong: The presentations of the World Diamond Mark (WDM) given during the biennial 37th World Diamond Congress gave participating officials and delegates plenty to talk about in the meeting rooms and the corridors of the three-day event that was held in Dubai’s Almas Tower, the home of the Dubai Multi Commodities Centre (DMCC) and the Dubai Diamond Exchange. Here,

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