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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
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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NDC Partners with Jewellery Brands in China
Mumbai: The Natural Diamond Council (NDC) recently announced a strategic partnership with two prominent leaders in China: DR Diamond Ring (Darry Ring), the world’s leading engagement ring brand(*), and LIU GUI FU JEWELRY, a renowned Chinese jewellery brand. Together, they will produce a range of digital content, online and offline communication projects. In addition, they will also leverage their educational
Kareena Kapoor Opens Women Entrepreneurs’ Exhibition
Mumbai: The 36th edition of the most anticipated event in the city – the Women Entrepreneurs’ Exhibition organized by the Ladies’ Wing of the IMC Chamber of Commerce and Industry opened yesterday. For over five decades, the Wing has championed women’s empowerment, fostered entrepreneurship, and promoted economic growth through its innovative initiatives. This popular event was a spectacular showcase of
5th Bharat Diamond Week from 2nd Oct
Mumbai: The Bharat Diamond week (BDW) is an exclusive Diamond and Diamond Jewellery Exhibition organized by Bharat Diamond Bourse [BDB] within the BDB complex in Mumbai, India. This 5th edition of BDW has confirmed Buying delegations from Diamond buying fraternity. Close to 50 large medium sized and small Diamond companies have confirmed booth space and would be showcasing exclusive high quality diamonds and
India’s 1st Jewellery Exports Through Courier
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has achieved a significant milestone by facilitating the country’s first jewellery exports through courier mode from Mumbai. This development represents a significant leap forward in simplifying international trade. India’s first 4 jewellery exports from Caratlane via Air India from India to USA was departed on 6th September 2023. The total export value
GJEPC Holds 1st Ever Meeting with Kashmir Jewellery Trade
Srinagar: India’s Gem & Jewellery Export Promotion Council (GJEPC’s) leadership and Committee of Administration (CoA) held its first ever meeting with the jewellery trade community of Kashmir on 18th July in Srinagar. The meeting marks a significant step in building stronger ties and exploring collaborative opportunities between the jewellery traders and retailers of Kashmir and the wider trade network across
CIBJO Blue Books to be Spotlighted
Milan: A three day course tailored for jewellery industry professionals, which will take place from August 21 to August 23, 2024, at GIT in Bangkok, Thailand, will present ethical and sustainable best practices in the various sectors of the jewellery industry, as they are delineated in CIBJO’s Blue Books. The course is being offered jointly by the recently established CIBJO
PGI’s BSM 2024 is Shaping Industry’s Future
Kochi: Platinum Guild International (PGI) India concluded yet another successful edition of its annual ‘Platinum Buyer-Seller Meet,’ on the 4th and 5th of July 2024. Every year, the prestigious event, brings together the leading names from across the jewellery industry and offers them a platform to collaborate and work towards collective business development for platinum. Held at the Grand Hyatt,
Shankar Mahadevan to Enthrall IIJS Networking Night
Mumbai: Shankar Mahadevan, the celebrated Indian singer and composer will enthrall the audience at the IIJS Networking Night on 8th August, 2024. The musical event is supposed to be unforgettable experience! Work hard and party even harder as you connect with buyers and live candid moments together. Shankar Mahadevan is among the greatest Indian vocalists alive, having risen to fame
