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's Policy will Make India Gold Trading Hub: GJEPC

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has been spearheading brainstorming and multi stakeholder discussions at structural policy reforms of India’s bullion sector. It helped the Govt. to understand the opinion of the stakeholders from three previous editions of its annual India Gold & Jewellery Summit (IGJS). In the backdrop of the same, the 4th edition of IGJS

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Russia, Belgium Sign MoU on KP Certificates

Moscow: Russia and Belgium signed a memorandum of understanding (MoU) on the electronic exchange of the Kimberley Process (KP) Certificates. The signing took place on the sidelines of the KP Plenary session, attended by the Federal Customs Service of Russia and the Federal Public Service Economy of Belgium. The memorandum will accelerate the turnover of diamond products between business partners

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KL Rahul Presented "The League of Platinum Men"

Mumbai: Putting the team before personal glory, reaching out to a rival player, being a pillar of strength to a nervous debutant, on the cricket pitch, choices are made at every moment. Choices that don’t just decide the fate of the game, but determine the values and strength of character of the players. These are the moments of truth in every game. They

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CIBJO Releases Special Coral Report

Milan: With the 2021 Virtual CIBJO Congress already underway, the ninth of this year’s CIBJO Special Reports has been released. Prepared by CIBJO’s Coral Commission, headed by Vincenzo Liverino, the report looks predominantly at research being conducted in the sector, both by gemmologists developing a colour description system, and scientists seeking to revive coral reefs, as well as dating the

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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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Platinum Love Bands Unveils New Season Collection

Mumbai: Platinum Love Bands has unveiled its new Season Collection — a tribute to the unspoken language shared between couples. Rooted in the belief that every love story has its own dialect, one the world may not understand, this collection transforms those quiet connections into something you can wear — something you can cherish for life. These aren’t just rings.

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De Beers Announces Changes to Exe. Committee

London: De Beers Group has announced changes to its Executive Committee, with current Chief Operating Officer, Burger Greeff, retiring at the end of the year following three decades of exceptional service. Kevin Smith, currently Executive Vice President, Corporate Affairs & Strategy, will become Interim Chief Operating Officer, while Eirik Waerness, currently Senior Vice President & Chief Economist, will move into

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