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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Facets Diamond Conference Concluded

Gaborone: The government of Botswana and the Antwerp World Diamond Centre yesterday concluded the co-organised, two-day diamond conference, FACETS 2023, Motswedi Wa Khumo – Diamonds For Change, in the country’s capital, Gaborone. The conference, inaugurated by Botswana President Masisi, welcomed a host of delegates and industry stakeholders from across the globe, gathering to discuss the state of the diamond industry

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IDRIS ELBA Reveals Gold’s Untold Stories

Mumbai: World Gold Council (WGC) has announced the release of a new documentary: GOLD: A Journey with Idris Elba, created in partnership with Pioneer Productions. Immersed in adventure, Idris Elba (Luther, Beast of Nations, Hijack) explores the mysteries, stories and untold human relationship with our most precious metal: gold. As his journey unfolds, we’re taken around the globe as he conquers his

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PGI Collaborates with ESPNcricinfo for World Cup

Mumbai: The Cricket World Cup, officially known as ICC Men’s Cricket World Cup, is a grand celebration of sportsmanship and exceptional performance. For ardent cricket fans, it’s a spectacular event, and brands eagerly leverage it to enhance their visibility and significance. As a prelude to this high-octane cricket season, this year Platinum Guild International (PGI) – India’s Men of Platinum

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Exciting Themes for Artisan Awards 2024

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has unveiled two exciting and unconventional themes for the 7th edition of The Artisan Awards 2024: ‘Unusual Materials’ and ‘Objet Trouvé.’ These innovative themes promise to redefine artistic expression and inspire designers to think out-of-the-box and blend alternative and precious aspects to create avant-garde fine jewellery. The first theme, ‘Objet Trouvé’

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GJS 2024 from 25th Sep in Mumbai

Mumbai: The jewellery industry is set to dazzle as the much-anticipated India Gems and Jewellery Show 2024 (GJS2024) #HumaraApnaShow, a premier retail jewellery exhibition, opens its doors at Jio World Convention Centre, Mumbai, from 25th to 28th September 2024. Organized by All India Gem and Jewellery Domestic Council (GJC), this prestigious event brings together the finest jewellery brands, artisans, designers, and retailers

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Positive Outlook for Natural Diamonds: GJEPC

Mumbai: The natural diamond market is showing signs of resilience and recovery as prices begin to stabilize and inventory reaches manageable levels. The natural diamond market is experiencing a positive shift, characterised by price stabilisation and a growing sense of optimism. The industry’s resilience is evident in the recent decline of rough diamond imports relative to polished diamond exports, indicating

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GJEPC & Exim Bank Explore Cluster Strategy for Export Push

Mumbai: GJEPC hosted a meeting with Ms. Rupa Dutta, Advisor, Exim Bank and the former Principal Advisor, Department of Industrial Policy & Promotion, along with key Exim Bank officials to discuss the potential of cluster development and export facilitation in the Indian gems and jewellery sector. GJEPC and Exim Bank are collaborating on a joint study to explore strategies for

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Linneys Unveils Exclusive Argyle Pink Diamond Quokka

Perth: Renowned Australian jeweller Linneys has unveiled a remarkable creation: The Argyle Pink Quokka. This sculpture, crafted from rare Argyle Pink Diamonds and 18-karat gold, is a tribute to two of Western Australia’s most beloved icons – the quokka, known as the world’s happiest animal, native to the shores of Rottnest Island, and the now-closed Argyle Diamond Mine. Limited to

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