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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New FEMA Guidelines to Exporters Explained

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IndusInd Bank, organized a webinar on 16 October 2026 to explain the revised Foreign Exchange Management Act (FEMA) guidelines and their implications for the gem and jewellery trade. Prakash Kumar Rath, Head – Gems, Jewellery and Diamond Division, IndusInd Bank, addressed key changes under the revised framework, which

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India & France Explore New Frontiers in Luxury Jewellery

Paris: India’s Gem & Jewellery Export Promotion Council (GJEPC) brought 17 curated Indian fine jewellery companies to Paris, with the India–EU trade agreement lending fresh momentum to business partnerships, creative exchange and brand-building across France’s luxury ecosystem. The pitch was partnership, not just supply. India is looking to deepen its place in the global luxury conversation—not simply as a leading

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GJEPC Partners with The Leela: Offers Benefits to Members

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has entered into a strategic alliance with The Leela Palaces, Hotels and Resorts to provide exclusive hospitality benefits to its members, marking the Council’s first partnership with a hotel group. The association is designed to support members’ business and personal travel needs, offering special pricing, room upgrades, hotel credits, dining and

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India’s G&J Exports Grow 9.43% in September 2026

Mumbai: India’s gem and jewellery (G&J) exports continued their growth trajectory in September 2026, with gross exports rising 9.43% in US dollar terms and 18.24% in rupee terms year-on-year to US$ 2.95 billion (Rs. 28,157.55 crore), compared to US$ 2.70 billion (Rs. 23,813.91 crore) in September 2025. For April–September 2026, India’s gross gem and jewellery exports reached US$ 14.30 billion

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The Pandemic Fuelled Investment Demand for Gold

Mumbai: Global gold demand held firm at 1,083.8t in Q1 2020, a rise of 1% on the same period last year, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. The global COVID-19 pandemic fuelled safe-haven investment demand for gold, with gold-backed ETFs attracting huge inflows (+298t) to push global holdings in these products to a record high

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De Beers Group Donates for Women's Cause

Gaborone: De Beers Group yesterday announced a $200,000 donation across its four producer partner countries of Botswana, Canada, Namibia and South Africa to assist women’s shelters and support organisations to respond to an increase in gender-based violence resulting from the COVID-19 situation. The donation will be split equally across Botswana, Canada, Namibia and South Africa. It adds to the contributions

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India's Diamond Exports may Fall to Lowest in Decade

Mumbai: India’s diamond polishing revenue is set to plunge next year from $24bn in 2019 to as little as $13bn in fiscal 2021, according to the latest forecasts.  That’s a drop of almost half to the lowest level in a decade. Exports to the US and Europe – over 45 per cent  of India’s market – fell 41 per cent year-on-year in February as the coronavirus pandemic intensified, according to Crisil Ratings,

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Bharat Diamond Week [BDW] Goes Digital

Mumbai: The organizing committee of Bharat Diamond Week [BDW], world’s foremost ‘only diamond show’ decided that the BDW will go Digital. The decision was taken by the committee over an online meeting yesterday. The Bharat Diamond Week in its 4th edition was slated to be orgnaised during the first week of August 2020. Looking at the unprecedented events that are

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