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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NDC's Report Reflects Changing Consumer Behaviour

Mumbai: The Natural Diamond Council (NDC) has released the third edition of their Jewellery Trend Report that highlights the upcoming natural diamond trends for the season, with a focus on how these trends bring a new opportunity to start conversations and create consumer desire for these billion-year-old wonders of nature. The report has been compiled with inputs by ‘The Style

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Celebrate 'Vishu' with Platinum Jewellery

Kochi: Vishu, the traditional Malayali spring festival, is a time-honoured celebration of new beginnings and fresh aspirations, observed with great enthusiasm in Kerala and parts of Tamil Nadu. This revered occasion marks the advent of the New Year of the Malayalam calendar. At the heart of this much-anticipated festival lies the spirit of generosity and the exchange of gifts among

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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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AGTA Bans LGDs, Gemstones at GemFair

Dallas: The American Gem Trade Association (AGTA) announced that, starting at Tucson next year, exhibitors will not be allowed to sell lab-grown diamonds or colored gemstones at the AGTA GemFair. National Jeweler received a news release on AGTA’s decision via email Wednesday morning. The release also was posted on the AGTA website, though it had been removed by Wednesday evening.  AGTA

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Ari Epstein Resignes as CEO of AWDC

Antwerp: Ari Epstein has resigned as CEO of the Antwerp World Diamond Centre (AWDC) after 13 years in the position, the trade body announced Thursday. AWDC declined to comment on why he’s stepping down or when it would appoint a successor. “This marks the end of an era of visionary leadership and significant contributions to not only our company but

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Gargi by PNGS Spreads Nationwide

Pune: Gargi by P N Gadgil & Sons (PNGS), a distinguished name in the fashion jewellery realm, strategically launched Gargi Shop-in-Shop (S-I-S) at Shoppers Stop in three key locations across India in just a week. This strategic expansion marks Gargi’s entry into Chennai (Tamil Nadu), Shillong (Meghalaya), and Kanpur (Uttar Pradesh), further solidifying its footprint in the Indian fashion landscape.

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BDB Hosts Lunch Meeting with Geoffrey Boycott

Mumbai: The Bharat Diamond Bourse (BDB) hosted an exclusive luncheon and conversation event featuring two distinguished guests: the legendary cricketer Sir Geoffrey Boycott and Mr. Harjinder Kang, UK Deputy High Commissioner for Western India &Trade Commissioner for South Asia. The event, held on 8th April, brought together esteemed figures from both the cricketing and business worlds to discuss the interplay

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