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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
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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Jewellery Crafts Design Competition at IIJS Bharat-Premiere 2026
Mumbai: IIJS Bharat – Premiere 2026 invites you to participate in the “Jewellery Crafts Design Competition”, presented under this year’s Brilliant Bharat – “Music of India” theme. For the 42nd edition of IIJS Bharat – Premiere, exhibitors are encouraged to create jewellery inspired by India’s rich and diverse musical heritage. From classical ragas, folk traditions, devotional music, and regional instruments
PGI (India) Strengthens its Consumer Visibility
Mumbai: Platinum Guild International (PGI) India has announced a focused hyperlocal activation programme ahead of the upcoming wedding season, aimed at strengthening consideration for platinum jewellery across key markets. The programme will run from mid-June to mid-July 2026. Designed to deliver high reach and frequency across premium catchments, the initiative aims to increase visibility for platinum jewellery closer to key
IIJS Bharat Premiere Strengthens GCC Outreach with Deira Gold Souq Campaign
Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) stepped up its buyer outreach in Dubai, placing the famed Deira Gold Souq at the heart of its campaign to drive participation in IIJS Bharat Premiere, scheduled to be held from 5 to 10 August 2026 in Mumbai. With 76% of Dubai’s jewellery buyers concentrated in Deira Gold Souq, the district
Pritesh Patel to Headline Fireside Chat at WDC
Singapore: The 41st World Diamond Congress will feature an exclusive fireside chat with Pritesh Patel, the newly appointed President and CEO of the Gemological Institute of America (GIA), marking one of his first major public appearances in the role on the global stage. Patel steps into the position at a pivotal moment for GIA and the broader diamond trade. Moderated
Pravasi Bharatiya Samman Awards on 9th Jan ’17
New Delhi: The Ministry of External Affairs, Government of India is organizing Pravasi Bharatiya Samman Awards (PBSA) on 9th January, 2017. PBSA are conferred as part of the Pravasi Bharatiya Divas Conventions that have been organized by the Government of India since 2003. PBSA is the highest honor conferred on Overseas Indians. The Awards shall be presented by the Ministry
KP Chair Releases Mid-Term Report
Dubai: In something of a departure, Kimberley Process (KP) Chair Ahmed Bin Sulayem released a mid-term report about the organization’s activities so far. Some of the initiatives included visits to diamond mining countries in Africa, valuation seminars, and putting under consideration a proposal for using blockchain technology in the diamond industry for greater security. Blockchain has been described as an
Urjit Patel is New RBI Governor
New Delhi: The Narendra Modi government on Saturday signaled continuity by naming Raghuram Rajan’s key deputy, Urjit Patel, as the 24th governor of the Reserve Bank of India (RBI), according to media reports. “Apart from continuity, what worked in Patel’s favour is his knowledge of monetary policy. Plus, he is in sync with the government’s growth aspiration,” a person close
Rio Tinto Closes Bunder Project in MP, India
Mumbai: Asked to explore the possibility of underground mining and wait until the Ken-Betwa river linking project was finalized, mining giant Rio Tinto on Friday decided to close its Rs 2,200-crore diamond mine project in Madhya Pradesh, reports indianexpress.com. “As part of its ongoing efforts to drive shareholder value by conserving cash and cutting costs further, Rio Tinto has decided
