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 Jewellery Export Consignment to the UK Under India–UK CETA

Mumbai: Mumbai, India’s financial capital and the country’s premier hub for gem and jewellery exports, yesterday marked a historic milestone with the flagging off of the first jewellery export consignment to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA). The Mumbai flag-off forms part of a nationwide initiative being held across Delhi, Surat, Jaipur, Chennai and

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IIJS Premiere: Overseas Buyers Passport Scheme for Int’l Buyers

Mumbai: For the IIJS Bharat Premiere 2026, the Gem and Jewellery Export Promotion Council (GJEPC) has launched an exclusive Overseas Buyers Passport Scheme. Participating International buyers can win a fixed flight reimbursement of USD 525 through a lucky draw. This initiative has been designed to encourage overseas buyers to explore a wider range of exhibitors across the show, thereby fostering

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India-UK Buyer Seller Meet Concludes Successfully

London: The India-UK Jewellery Buyer-Seller Meet 2026 concluded successfully, bringing together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers to explore new business opportunities and strengthen bilateral trade ties. Held at the Arsenal Executive Box, Emirates Stadium, London, the two-day meet served as a dynamic platform for meaningful networking, strategic partnerships, and high-value business discussions. With the

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Mehul Shah Elected President of WFDB

Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and 6 affiliated members.  The election took place on Monday, July 12, during the ongoing World Diamond Congress in Singapore.  Leaders of the 21

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Indian Exporters to Loose Incentives after GST

New Delhi: India’s Commerce secretary Ms. Rita Teaotia told the exporting community yesterday that exemptions and incentives, which were being given for promoting exports, would go away once the GST was in place. “Exemptions and incentives will go away once the Goods and Services Tax (GST) is implemented. GST and exemptions do not go hand-in-hand,” Teaotia said at a session

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GJSCI Certifies 3rd Centre of Excellence in Kerala

Mumbai: Gems & Jewellery skill Council of India (GJSCI) takes another step towards accomplishing Prime Minister Mr. Narendra Modi’s vision of a skilled India by certifying their 3rd Centre of Excellence- KTB (IGJ,Inkel) in Mallapuram, Kerala in presence of Mr. Rajiv Pratap Rudy- Union Minister of State Skill Development and Entrepreneurship, Mr. Rohit Nandan -Principal Secretary, Ministry of Skill Development

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CIBJO Releases Marketing & Education Sp. Report

Milan: With nine weeks to go to the opening of the 2016 CIBJO Congress in Yerevan, Armenia, on October 26, 2016, the first of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report provides an update about the organization’s Jewellery Industry Greenhouse Gas Measurement Initiative, which was

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BDB Installs 118' High Indian National Flag Mast

Mumbai: A 118 feet high Flag Mast has been installed in the premises of Bharat Diamond Bourse located in the ‘G’ Block of Bandra Kurla Complex, a corporate hub of Mumbai. The Indian National Flag admeasuring 30’ X 20’ was ceremoniously hoisted at the hands of Mr. Kirtibhai Doshi, the senior most diamond merchant in Mumbai and Mrs. Amrita Devendra

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