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 Tariff Puts India’s G&J Exports Under Pressure

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations

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European Natural Diamonds Exempted from US Tariffs

Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner

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De Beers’ Rough Production Rises 88% in Q2 2026

London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during

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Only Natural Diamonds Should be Graded with 4Cs: CIBJO

Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the

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HRD Antwerp Launches Live Online Training Courses

Antwerp: As long as there is no vaccine found for COVID-19, working from home will be the standard. Therefore, access to solid online courses has become more important. As a leading institute for education in the diamond industry, HRD Antwerp (Diamond High Council) launched a series of new courses in the beginning of the international lockdown. These courses were very

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GJEPC Donates Rs. 71 Lakh to Rajasthan CM

Jaipur: The Chairman of The Gem & Jewellery Export Promotion Council (GJEPC), Mr. Pramod Kumar Agrawal, handed over a cheque of Rs. 71 Lakh to the Chief Minister of Rajasthan Mr. Ashok Gehlot yesterday to aid the fight against COVID-19 within the state. The amount, which has been allocated from the Council’s Corporate Social Responsibility Fund, will be given to

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Forevermark Committed to Protect Environment

Mumbai: Forevermark, the diamond brand from the De Beers Group believes what they do every day builds a lifetime of moments that will build your Forever. On International Environment Day, Forevermark reiterates their commitment to protect wildlife and keeping responsible sourcing at the very centre of their business to build a beautiful tomorrow. At the heart of a Forevermark diamond

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SSEF Introduces DNA Fingerprinting Technology

Basel: The Swiss Gemmological Institute SSEF is introducing a new service to support the documentation of the origin and provenance of pearls, in partnership with the Institute of Forensic Medicine at the University of Zurich. It is made possible by a substantial expansion of the organisation’s DNA fingerprinting reference database and capabilities, which now include eight oyster species that produce

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