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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IGJS from 10th to 12th May in Jaipur

New Delhi: Ministry of commerce & Industry Government of India and Gem & Jewellery Export Promotion Council (GJEPC) are jointly  providing an exclusive opportunity to meet international buyers at India Gem & Jewellery show (IGJS), Jaipur scheduled to be held from 10th to 12th May 2022 at JECC Jaipur. In a statement, the GJEPC said, “Looking at the improving current

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Moscow Diamond Bourse No Longer WFDB Member

Antwerp: The World Federation of Diamond Bourses (WFDB) announced yesterday that the Moscow Diamond Bourse has suspended its membership in the organization. The move comes after the Moscow bourse temporarily stopped its activity on March 7, 2022. The official letter from the Moscow bourse, dated April 3, 2022, states: “We look forward to see the end of hostilities and hope that

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India Gem & Jewellery Show Inaugurated

Mumbai:  Mr. Raosaheb Danve, Union Minister of state for Railways, Coal and Mines, Government of India, inaugurated “INDIA GEM & JEWELLERY SHOW (GJS 2022)” along with Mr. Ashish Pethe (Chairman GJC), Mr. Saiyam Mehra (Vice Chairman GJC & Convener GJS), Mr. Avinash Gupta (Co Convener GJS), Mr. Nilesh Shobhawat (Co Convener GJS) and GJC COA’s accompanied by industry delegates. All

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Indian G&J Gets Preferential Access to Australia

New Delhi: After successfully negotiating a Comprehensive Economic Partnership Agreement (CEPA) with the UAE, the Indian Govt. has secured preferential access for Indian gems & jewellery products in Australia through the recently executed India-Australia Comprehensive Economic Cooperation Agreement (CECA). Currently India-Australia has a significant bilateral trade of USD 950 million for gem and jewellery commodities. Key commodities that are exported

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CIBJO Congress Focuses on Standards & Sustainability

Paris: The 2025 Annual Congress of the World Jewellery Confederation (CIBJO) opened on October 27 at the Comet Auditorium in Paris, welcoming more than 250 delegates from across the global jewellery supply chain. The gathering marks a milestone year for CIBJO as it nears its centenary, reaffirming its position as the guardian of industry standards, consumer trust, and ethical business

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De Beers Reports Increase in Q3 Production

London: De Beers reported a sharp increase in rough diamond sales and production for the third quarter of 2025 compared to the same period last year. The sales volume tripled due to an extra selling event (Sight) in Q3 2025, which was reduced during the market downturn in Q3 2024. Production was up 38% year-on-year, primarily driven by higher output from

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India Govt. Releases Special BDB Postal Stamp

Bharat Diamond Bourse (BDB), the world’s largest diamond trading exchange, proudly marks a dual milestone this year; 41 years since its incorporation and 15 glorious years of successful operations at its iconic Bandra Kurla Complex premises since 17th October 2010. To commemorate this milestone, the Department of Posts, Government of India, released a special BDB Postal Stamp recognizing the Bourse’s outstanding contribution to India’s diamond industry and global trade excellence. The

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Sky Gold & Diamonds Strengthens Mangalsutra Business with Strategic Acquisition

Mumbai: Sky Gold & Diamonds Ltd., manufacturer and exporter of gold and diamond jewellery, recently announced that its wholly owned subsidiary, Starmangalsutra Pvt. Ltd., has entered into an non binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The partnership marks a significant step in Sky Gold & Diamonds’ strategy to establish

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