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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JWA Dubai Unveils Inaugural Panel of Judges

Hong Kong: In line with its goal of recognising the growing importance of the gemstone and jewellery trade in the Middle East, Jewellery World Awards (JWA) Dubai has named the judges for the JWA’s first regional edition. Joining the esteemed panel are business leaders with solid track records in the jewellery and gemstone trade, as well as industry experts who

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Stephen Lussier to Quit from Posts of De Beers

Mumbai: De Beers Group has announced that Stephen Lussier, De Beers Group Executive Vice President for Brands & Consumer Markets, will step down from his executive responsibilities on 1 April 2022 after 37 years with the company. Stephen will continue to contribute to De Beers as a strategic advisor and will continue to serve in his role as Chairman of

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India's G&J Exports Grew 29% in Dec 2021

Mumbai: Indian industry is back on a roll immediately after the October festive break. Gem and jewellery (G&J) exports in December 2021 reaffirm this with a growth of 29.49% to US$ 3040.92 million (+37.11% in rupee terms to Rs. 22914.630 crores) as compared to as compared to US$ 2348.44 million (Rs. 16712.46 crores) for the same period 2019 – the pre-pandemic

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GJEPC Signs Land-Lease for India Jewellery Park

Mumbai: Gem & Jewellery Export Promotion Council (GJEPC) and Maharashtra Industrial Development Corporation (MIDC) signed a draft agreement for granting possession of land for a period of 95 years for setting up India Jewellery Park Mumbai (IJPM). The agreement was signed in the presence of Dr. P. Anbalagan, IAS – CEO, MIDC; Shri Colin Shah, Chairman, GJEPC; Shri P. D.

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Candere Opens Two New Stores in Mumbai

Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers has expanded its retail presence in Maharashtra with the launch of two new stores, one each in Andheri and Mulund. These new additions, marking Candere’s 97th and 98th store nationwide, further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched Andheri and Mulund stores

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12th IRGSS Inaugurated in Jaipur

Jaipur: The 12th Edition of the India Rough Gemstones Sourcing Show (IRGSS) 2025 was inaugurated on 17th November 2025 by Mr. R. K. Chandan, Commissioner of Customs, Jaipur. He was joined by Shri Jitendra Meena, Deputy Commissioner of Customs, ACC Jaipur. Mr. Chandan was welcomed and felicitated by Mr. Yogendra Garg, Regional Chairman, GJEPC, and Mr. D. P. Khandelwal, Convener of

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World Diamond Congress in Singapore from July 12

Singapore: The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre. “We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES),

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IIGJ Lab Simplifies Ruby Treatment Description

New Delhi: IIGJ Lab is committed to serve the Gem & Jewellery Industry by providing independent quality assessment of Gemstones & Jewellery. IIGJ’s Ruby Identification service is well known and is availed by gemstone manufacturers, traders, and retailers. Effective 6th November 2025, IIGJ Lab (A Project by GJEPC India) sponsored by Ministry of Commerce and Industry, Govt. of India has

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