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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Sonam Kapoor Graces GJEPC’s Artisan Awards

Mumbai: The 7th edition of The Artisan Jewellery Design Awards, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) and powered by GIA, challenged designers to tap uncharted territory by integrating unusual materials and cherished objects into their jewellery designs, to infuse their pieces with a unique identity. Actress and style icon Sonam Kapoor graced GJEPC’s 7th edition of Artisan

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De Beers Launches LGD Detector for Smallest Melee

London: De Beers yesterday announced the launch of its latest lab grown diamond detector, capable of screening 2,500 of the smallest melee in an hour. The AMS Micro (Automated Melee Screening) uses robotic technology to work with stones as small as 0.001-cts, a significant improvement on the 0.0032-cts capacity of its predecessor, the AMS. The new instrument automatically separates natural

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New CIBJO Academy on 23rd Feb

Milan: CIBJO Vice President Kenneth Scarratt will present to the trade the programme of the new CIBJO Academy during the 69th Bangkok Gems & Jewelry Fair. The presentation will take place on Friday, February 23, 2024, in Meeting Room 110C, on Level 1 of the Queen Sikrit National Convention Center, the venue of Bangkok Gems & Jewelry Fair, from 10:30 AM

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GJEPC Launches IIJS Tritiya Outreach Campaign

Dubai: The IIJS Tritiya promotion team launched a door-to-door outreach campaign in Dubai’s Gold Souq, marking a pivotal step towards strengthening the relationships of Indian jewellery manufacturers in Dubai, one of the world’s most dynamic jewellery hubs. The Dubai Gold Jewellery Group has also extended its support, pledging to disseminate information on IIJS Tritiya among its members. This direct engagement

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Piyush Goyal Announces Introduction of Diamond Imprest Licence

Mumbai: Mr. Piyush Goyal, Hon’ble Minster of Commerce & Industry, Govt. of India, announced the introduction of the Diamond Imprest Licence during his  interactive session at the 40th edition of India International Jewellery Show 2024, the flagship show of the Gem & Jewellery Export Promotion Council (GJEPC) held at the Bombay Exhibition Centre (BEC), NESCO, Goregaon. The Diamond Imprest Licence will

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India is the Second Largest Market: Paul Rowley

Mumbai: Mr. Paul Rowley, Executive Vice President, Diamond Trading, De Beers group, while opening of the sustainable De Beers group booth at IIJS Premiere Show 2024 said, “The Indian consumer’s love affair with natural diamonds and all they represent is going from strength to strength. With demand for diamond jewellery growing faster in India than anywhere else in the world,

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40th IIJS Premiere Inaugurated in Mumbai

Mumbai: Hon. Governor of Maharashtra Mr. C. P. Radhakrishnan inaugurated one of the world’s largest gem & jewellery B2B shows – India International Jewellery Show (IIJS) Premiere 2024 organized by India’s apex trade body, The Gem & Jewellery Export Promotion Council (GJEPC) at the JIO World Convention Centre in Bandra Kurla Complex, Mumbai. Mr. Mangal Prabhat Lodha, Hon. Minister of

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‘Indian Association for Gold Excellence and Standards’ Formed

Mumbai: The Indian gold industry has today announced the formation of the Indian Association for Gold Excellence and Standards (IAGES – pronounced as I-AAY-GES), a self-regulatory organisation (SRO) created by the Indian gold industry, for the Indian gold industry and supported by the World Gold Council. IAGES will aim at increasing consumer confidence and enhancing trust in the Indian gold

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