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

Read More »

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

Read More »

Top News

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

Read More »

IIJS Bharat Premiere Receives Message from PM

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 42nd edition of IIJS Bharat – Premiere from 5th to 9th August 2026 at Jio Convention Centre, BKC and from 6th to 10th August at the NESCO, Goregaon, Mumbai. On this occasion, India’s Prime Minister Mr. Narendra Modi has sent a special message to the GJEPC wishing the

Read More »

IIJ Awards on 2nd October in Mumbai

Mumbai: The India International Jewellery Awards (IIJA), an initiative by IBJA (India Bullion and Jewellers Association Ltd.) & Tefla’s is back—bringing together industry excellence, inspiring stories, and a distinguished celebrity jury. A $90B+ industry — and until now, no single honour platform that recognized all of it: from the master karigar at the workbench to the global icon whose work

Read More »
GJC logo

GJC & SGL Sign MoU to Launch SGL Pavilion at GJS Diwali Edition 2026

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) and SGL (Solitaire Gemmological Laboratories) have entered into a strategic Memorandum of Understanding (MoU) to launch the SGL Pavilion at the GJS Diwali Edition 2026, scheduled from 2nd to 4th October 2026 at the Jio World Convention Centre, Mumbai. The dedicated SGL Pavilion, comprising 40 booths, will bring together leading

Read More »

GJEPC Reschedules IGJS, Jaipur in July 2020

Mumbai: GJEPC has rescheduled the International Gem & Jewellery Show (IGJS) to a new date, citing serious concerns globally pertaining to the outbreak of respiratory illness caused by coronavirus adversely affecting everyone’s travel plans. Now, the show will be organised from 18th -20th July 2020 in JECC Jaipur. Mr. Pramod Agrawal, Chairman, GJEPC said, “Fighting the Covid-19 should be the

Read More »

Impact of Coronavirus on Sales of De Beers Cycle 2

Gaborone: De Beers has blamed coronavirus for a significant drop in sales of rough diamonds at its latest sight, held in Botswana last week. The provisional figure for Cycle 2 is $355m, down from $551m at January’s sight (Cycle 1) and the lowest since Cycle 8 of last year. The company allowed a number of deferrals from sightholders, especially for

Read More »

GJC Conducts 60th Labham Programme in Kolhapur

Kolhapur: All India Gem and Jewellery Domestic Council (GJC), the apex domestic council of the gems & jewellery industry, conducted the 60th “Labham” educational programme for jewellers in Kolhapur on Saturday, February 29, 2020. Labham, an educational seminar on compliance, taxation, credit & best business practices organized by GJC, attracted more than 400 jewellers from Kolhapur. Labham Programme for Compliance, Best Business Practices

Read More »

WDC ED Visits Sierra Leone in Support of KPCS

New York: Elodie Daguzan, Executive Director (ED) of the World Diamond Council (WDC), has expressed the WDC’s strong endorsement for the regional approach by the Mano River Union (MRU) to reinforce the effectiveness of the Kimberley Process Certification Scheme (KPSC), declaring that it will assist artisanal diamond miners gain better access to the legitimate diamond supply chain, while receiving fair

Read More »

Latest Videos