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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Platinum Love Bands Partnership with Grazia 

Mumbai: With the onset of the summer wedding season, Platinum Love Bands continues to champion its strategic content and influencer strategy, bringing alive its campaign idea of what it takes to #CommitToLove.  In a holistic content partnership with the country’s leading lifestyle publisher, Grazia, Platinum Love Bands aims to amplify the brand’s progressive stance on love via influencers that are relevant

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Vummidi Bangaru Jewellers Receives Award

Chennai: Vummidi Bangaru Jewellers (VBJ), a renowned heritage brand from Chennai, has achieved a remarkable feat by winning India’s first JCK Jewellers’ Choice Award in the platinum category. The JCK Jeweller’s Choice award, popularly considered as the Oscars of the Jewellery industry witnessed history being made with VBJ’s platinum Infiniti collection securing first place, in the Platinum Jewellery category for

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Sarine Announces Merger of GCAL 

Ramat Gan: Sarine Technologies Ltd has announce the closing of the acquisition agreement between Sarine and the Gem Certification & Assurance Lab, Inc (GCAL).The merger creates a robust synergy between Sarine’s leading technologies, and in particular its revolutionary AI-derived cloud-based on-site e-Grading™ system and verifiable data based Sarine Journey™ traceability paradigm, and GCAL’s strong brand in the US market and

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GJEPC Launches First-of-its-Kind IJEX

Dubai: India and the United Arab Emirates celebrated the first anniversary of the Comprehensive Economic Partnership Agreement (CEPA). Commemorating the 1st year of India-UAE CEPA, apex trade body Gem & Jewellery Export Promotion Council (GJEPC) launched the first-of-its-kind India Jewellery Exposition Centre (IJEX), the 365-day exhibition platform in Dubai. His Excellency Mr. Juma Al Kait said, “Today as we celebrate

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Putin’s Visit Boosts India's Diamond Business

New Delhi: Recent visit of the President of Russian Federation Mr. Vladimir Putin to New Delhi has certainly boosted Indo-Russian ties in diamond sector. Mr. Putin along with Mr. Narendra Modi, Hon’ble Prime Minister of India visited Vigyan Bhavan today, the venue of on-going World Diamond Conference in in New Delhi to enhance the morals of the delegates. Mr. Narendra

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Alrosa Signs Contract with 12 Indian Cos

New Delhi: On the first day of the World Diamond Conference India, Russia’s Alrosa finalized three year-contracts for direct rough supply to 12 Indian diamond companies beginning from 2015. The agreements were signed by Illya Raschin, Acting President of Alrosa with the respective heads of each of the companies in the presence of Shri Siddharth, Joint Secretary, Dept. of Commerce,

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World Diamond Conference Begins in New Delhi

New Delhi: The much awaited event ‘World Diamond Conference-India’ (WDCI) began today in New Delhi. The Gem & Jewellery Export Promotion Council (GJEPC), in association with the World Diamond Mark Foundation (WDMF) and with the support from the Ministry of Commerce and Industry, Government of India, has organized the first ever-global congregation of diamond industry leaders in India. Mr. Vipul

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WDCI Proceedings Can be Viewed across the World

New Delhi: Industry members from across the world have the opportunity to follow the entire proceedings of the World Diamond Conference India(WDCI) as they unfold in Delhi on December 11-12, 2014. The organisers have made arrangements for live streaming of every session on the website of The Gem & Jewellery Export Promotion Council at www.gjepc.org. “This is a first-of-its-kind event

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