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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First-Ever Lab-grown Diamond BSM Kicks Off in Surat

Surat: India’s Gem & Jewellery Export Promotion Council (GJEPC) commenced the first-ever Lab-grown Diamond Buyer Seller Meet (BSM) in Surat. The event was inaugurated by Mr. Virendra Singh, ITS, Development Commissioner & Additional DGFT; Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. Vijay Mangukiya, Regional Chairman, Gujarat; Mr. Smit Patel, Convener, Lab-grown diamonds committee, GJEPC; Mr. Sabyasachi Ray, ED, GJEPC along

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Edward Asscher Defends KPCS

Ramat Gan: Edward Asscher, outgoing president of the World Diamond Council (WDC), defended the Kimberley Process (KP) and addressed the “white elephant” of Russian sanctions at the World Federation of Diamond Bourses (WFDB) Congress in Israel. “Today, through the KP and the work that we all do, I am convinced that 99.9 percent of all diamonds in the global marketplace

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Eminent Jury for Artisan Awards 2023

Mumbai: The second round of  Artisan Awards 2023  that ensued recently, was on actual bejewelled pieces based on design replicability and category relevance. The theme was India Moderne, divided into 3 sub-categories – Abstraction, Print, and Sculpture. The first round was on the technical screening of the illustrated designs. 28 jewellery designs were up for evaluation, of which 10 were from

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2nd IGJS Buyer-Seller Meet Inaugurated in Jaipur

Jaipur: The unveiling of the second edition of International Gem & Jewellery Show’s (IGJS) Jaipur Buyer Seller Meet was marked with a grand opening in the August presence of the Chief guest Mr. Sugrive Meena, Commissioner, Customs, Jaipur. From India’s Gem & Jewellery Export Promotion Council (GJEPC) leadership team Kirit Bhansali, Vice Chairman, Nirmal Bardiya, Regional Chairman Rajasthan, Krishna Behari

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Jemora Gemhouse: A New Auction House

Dubai: Jemora Gemhouse, an innovative auction house dedicated to rare and valuable polished coloured gemstones, is set to redefine the gemstone market by bridging the gap between coloured gemstone owners and an exclusive network of buyers. Jemora Gemhouse (JGH), led by Dev Shetty and his team, establishes a sanctuary for the world’s rarest gems. Known for the turnaround of Gemfields,

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UAE Ambassador to India Visits GJEPC Mumbai

Mumbai: H.E. Dr. Abdulnasser Alshaali, PhD, Ambassador of the UAE to India, visited the GJEPC head office and the Bharat Diamond Bourse (BDB) in Mumbai on 23rd January 2025. He was warmly welcomed by Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. Anoop Mehta, President, BDB; Mr. Milan Chokshi, Convener – PMBD, GJEPC; Mr. Mehul Shah, Vice President, BDB; and Mr.

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Gems Keep Giving Partners with Petramundi & Margherita Burgener

New York: Gems Keep Giving is thrilled to announce a special collaboration with renowned Italian brands Petramundi and Margherita Burgener to launch a one-of-a-kind jewelry project to support mining communities worldwide. The centerpiece of this initiative is a limited edition of ten GemsKeepGiving pins, beautiful pieces of unisex jewelry designed to raise funds for the organization’s mission to promote sustainable

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3rd BSM Brazil on 14-15th May 2025

Sao Paulo: The third edition of the prestigious BSM Brazil 2025 event is set to take place on May 14th and 15th, 2025, in São Paulo, bringing together the world’s top diamond, gold, and jewelry companies for an extraordinary two-day exhibition and networking experience. This groundbreaking event will mark a new chapter for the South American jewelry industry, as it is the

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