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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India-UAE CEPA Comes into Force From 1st May

New Delhi: The flagging off ceremony of India-UAE Comprehensive Economic Partnership Agreement (CEPA) was held today at Customs House/Cargo Complex, New Delhi International Airport. The landmark agreement has come into force by flagging off the first three consignments of Jewellery from New Delhi to Dubai which would be getting zero duty market access. The flagging off ceremony was presided by Commerce Secretary

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Members of Mubri Association to Visit IGJS

Sao Paulo: New Year, New challenges and Mubri International Jewelers Association doesn’t stop, from May 10th to May 12th Mubri delegation will participate of IGJS( International Gem and Jewellery Show) Jaipur 2022, The First International Show for International Buyers in India, organized by GJEPC( Gem & Jewellery Export Promoton Council). Buyers from 48 countries are expected, including Mubri members from

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Choose Platinum Love Bands for Your Engagement

Mumbai: From looking for the perfect partner, to finding perfection in each other. From sharing their dreams with each other, to chasing them together. From gazing at each other to looking towards a future together. From I, me, mine to we, couples traverse a journey and nurture what they find to finally transform it into something extraordinary, something rare. An engagement or an exchange

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Gold Remains Resilient amid Global Uncertainty

Mumbai: The global gold market saw a solid start to 2022, with first quarter demand (excluding OTC) up 34% year-on-year, thanks to strong ETF flows, reflecting gold’s status as a safe haven investment during times of geopolitical and economic uncertainty. Geopolitical crises weighed heavily on the global economy and reinvigorated investor interest, pushing the gold price briefly to US$2,070/oz in

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GJEPC Submits Pre-Budget Proposals to Govt.

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) submitted a set of pre-budget proposals to the Government of India in New Delhi on 7th November, aimed at improving ease of doing business and boosting exports. The Council proposals were put forth by Mr. Kirit Bhansali, Chairman, GJEPC; Mr. Anoop Mehta, Convener – Diamond Panel; Mr. K. Srinivasan, Convener

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WHP Jewellers Receives IAGES Accreditation

Mumbai: In India’s highly dynamic gold sector, consumers are increasingly seeking retailers who follow a strict Code of Conduct that offers transparency, trust, and sustainability across the entire gold value chain. To establish a stringent framework across the industry, the Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organisation (SRO) established by and for the Indian gold industry,

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Senco Gold Clocks Record Sales of ₹1700+ cr. for October

Mumbai: Senco Gold & Diamonds has reported the highest ever retail sales for the month of October in its 85+ year old history! Senco clocked sales of over ₹1,700 crore for the month backed by robust festive buying for Diwali and Dhanteras, registering a 56% YoY growth over October last year. Gold value for the brand went up by 60%

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NDC, Dubai Jewellery Group Host ‘The Diamond Dialogue’

Dubai: Natural Diamond Council (NDC), a global not-for-profit organization collaborating the natural diamond industry and its entire value chain, hosted first-ever edition The Diamond Dialogue in partnership with Dubai Jewellery Group (DJG). The Diamond Dialogue was a thought-provoking industry roundtable that brought together leading voices from the UAE’s jewellery sector to discuss the evolving landscape of the natural diamond industry.

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