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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IIJS Celebrating 4 Decades of Global Business

Mumbai: India is the world’s 4th largest exporter of gold jewellery and the India International Jewellery Show (IIJS) is your ultimate destination to connect with the top gold jewellery manufacturers who are redefining the landscape of gold jewellery designs and making waves with their creative ingenuity, blending tradition with contemporary style. The show is being organized by India’s Gem &

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IIJS Premiere Launches 3D Stall Configurator

Mumbai: IIJS Premiere 2024 announces the launch of its most unique feature yet: the 3D STALL CONFIGURATOR, now live within the exhibitor manual. This innovative tool allows exhibitors to visualise and customise their stall layouts in a fully interactive 3D environment. With the 3D Stall Configurator, exhibitors can select from a variety of stall layout and additional stand fittings, including Showcases, Wall

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Isidore Mörsel Re-Elected President of AWDC

Antwerp: In the wake of Antwerp World Diamond Centre’s (AWDC) Board elections held two weeks ago, the organization recently announces the confirmation of Isidore Mörsel as President of the Board. Mörsel succeeds himself while Ravi Bhansali, who is joining AWDC’s Board for the first time, was appointed Vice-President. Isidore Mörsel, who is deeply respected within the Antwerp diamond community and

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JOSH Convocation Ceremony Held

Mumbai: JOSH (Jewellery Occupational Skilling Hub) an initiative of GJSCI which Imparts Skills to individuals which primarily focuses on Training Candidates from deprived backgrounds of Society.  A Convocation ceremony was held on 27th June, 2024 to felicitate 115 candidates, the pass outs of the 7th Regular batch of Candidates as well as the 1st batch of students from the Specially

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Registration for IDW Surpasses 300

Ramat Gan: Registration of foreign buyers for the upcoming winter edition of the International Diamond Week (IDW) in Israel has surpassed the 300 mark and is expected to rise well beyond 400 ahead of the opening of the five-day event on February 8, the IDW Organizing Committee announced. “We have surpassed the 300 mark and ultimately expect to welcome more

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Antwerp Rules Global Diamond Industry

Antwerp: Over the past twelve months, Antwerp clearly confirmed its leadership role in the global diamond trade and remains the preferred partner for diamond trade worldwide. Despite heavy competition from rivaling diamond hubs, more goods were traded year on year. A total of 227,2 million carats of rough and polished diamonds were traded, with a total value of 58.8 billion

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Sixth Antwerp Diamond Trade Fair kicks-off

Antwerp: The Sixth Edition of the Antwerp Diamond Trade Fair (ADTF), the world’s exclusive by-invitation-only diamond trade show, kicked-off yesterday, welcoming many hundreds of buyers, among them not only delegations from existing, leading jewellery markets, but also from markets that until recently had remained unexplored. The fair, which is held in the trading halls of the Antwerp Diamond Bourse (Beurs

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Pure Gold Group to Invest $150 Million in India

Dubai: The UAE-based Pure Gold Group has announced plans to invest $150 million in India in three major business sectors – retail, manufacturing (diamond and gold jewelry) and hospitality over the next three years. The group currently has 25 retail jewelry outlets in India under its flagship brand Pure Gold Jewellers. “We believe in Indian economy’s strong long-term outlook. This

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