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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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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
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
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
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
PNG Jewellers Honoured with Token of Appreciation
Mumbai: PNG Jewellers, the 187 Years legacy jewellery the brand was awarded the token of appreciation at Dadasaheb Phalke International Film Festival Awards 2020 for “Excellence in Jewellery- Retail”. The prestigious appreciation letter was received by Dr. Saurabh Gadgil, Managing Director, PNG Jewellers at a special felicitation event at Taj Lands End, Mumbai on 20th Feb 2020. PNG Jewellers are
Sonam Kapoor Inaugurated India Pavilion at DJWE
Doha: The India Pavilion at the 17th Doha Jewellery & Watches Exhibition (DJWE) was inaugurated by DJWE brand ambassador and Bollywood Diva Mrs. Sonam Kapoor Ahuja in the presence of Indian Ambassador His Excellency P. Kumaran. India Pavilion is one of the highlights of the show. India Pavilion located at New Luxury area and Concourse area, with 27 exhibitors spread
Gemfields Announced Result of Emerald Auctions
Lusaka: Gemfields has announced the result of an auction of predominantly commercial quality rough emerald held in Lusaka, Zambia from 18-21 February 2020. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia). The proceeds of this auction will be fully repatriated to Kagem
Seasons Spring Show from 19th to 21st May, 2020
Hong Kong: The show dates of SEASONS | Spring – Fashion Jewellery & Accessories Fair, originally slated for 3-6 March 2020 at the AsiaWorld-Expo (AWE) in Hong Kong, have been rescheduled to 19-21 May 2020 at Hall 2 of AWE. This decision has been reached following careful consideration and extensive discussions. Our top priority has always been to ensure the health and safety of all show
