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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GJEPC Personally Presents VIP Invitations for IIJS Bharat Premiere 2026

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) continued its outreach for IIJS Bharat Premiere 2026 by personally presenting VIP invitations to leading jewellers in Mumbai and Kozhikode, reinforcing industry engagement ahead of the country’s largest B2B gem and jewellery exhibition. The invitations were presented by Mansukh Kothari, Convenor – Events, GJEPC; Nirav Bhansali, Co-Convenor, National Events Sub-Committee, GJEPC;

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Newly Elected WFDB President Mehul Shah Shares Vision for Industry

Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse (BDB) and newly elected President of World Federation of Diamond Bourses (WFDB) said that he and the WFDB committee led by him will focus on reaffirming the industry’s collective commitment to strengthening consumer confidence, and reinforcing the enduring value of natural diamonds. “We will focus on implementing the shared global vision

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Senco Gold Opens Store in Bhubaneshwar

Bhubaneshwar: Senco Gold & Diamonds marked the beginning of the festive season with the grand launch of its flagship Janpath store in Bhubaneswar, inaugurated by actor Ms. Rakul Preet Singh. The occasion brought together festive glamour, timeless craftsmanship and contemporary design, offering customers an early glimpse into the season’s most coveted jewellery trends, from statement natural diamond creations for weddings

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Ekati Diamond Mine to Close Following Unsuccessful Sale Process

Toronto: Canada’s Ekati diamond mine is set to cease operations after owner Burgundy Diamond Mines failed to secure a buyer for the asset during a court-supervised sale process. According to documents filed with the Supreme Court of British Columbia, the sale process did not attract any compliant bids, leaving the company without the funding needed to continue operations. Burgundy has

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India to Start SGB Trading from May End

New Delhi: The government on Monday said trading of the Sovereign Gold Bond (SGB) will begin by the end of the month and the fourth tranche of the scheme will be launched thereafter. The decision to launch the trading of the SGB by May-end was taken at a meeting held under the chairmanship of Economic Affairs Secretary Shaktikanta Das recently

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WFDB Gives Schedule of World Diamond Congress

Antwerp: The World Federation of Diamond Bourses (WFDB) has announced the schedule for the 37th World Diamond Congress, the biennial meeting of the WFDB and the International Diamond Manufacturers Association (IDMA), which takes place in Dubai from May 16 to 19. The first day of the Congress is taken up with meetings of the WFDB’s major committees: the Judicial, Trade

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Russia Approves Plan to Sell Stake in Alrosa

Moscow: Russian President Vladimir Putin has endorsed a potential plan to sell a part of the state’s shares in the country’s miner Alrosa, the world’s No.1 diamond producer by output in carats. According to Russian news agency Tass, the plan approved by the Kremlin also includes the potential sale of the nation’s second-largest lender, VTB Bank. The report says the

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33rd Edition of IIJS from 4th August in Mumbai

Opens Doors for Young Innovators and MSME Sector Mumbai: : In a welcome move, the India International Jewellery Show (IIJS) 2016 plans to introduce “Hall of Innovation” product gallery and a dedicated section for MSME sector in Hall no. 2 at Bombay Exhibition Centre. These new features are being introduced to encourage highest levels of craftsmanship and provide equal opportunities

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