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 G&J Exports Grew by 16.63% in April 2021

Mumbai: India’s Gem and Jewellery sector has witnessed a decent recovery in exports over the last few months, as demand is back in major export markets. In the month of April 2021, the overall gross exports of gems and jewellery is showing a growth of 16.63% to US$ 3369.65 million as compared to US$ 2889.12 million in April 2019, the

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GJ Industry Voices Concern at USTR Public Hearing

Mumbai: At the United States Trade Representative (USTR) multi-jurisdictional hearing held virtually on 10th May, India’s Gem & Jewellery Export Promotion Council (GJEPC) along with other major trade bodies and leading exporters from the gem & jewellery sector represented Indian industry’s grievances over a proposed 25% import duty on 17 Indian jewellery items. The witnesses from gem & jewellery sector

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Relief to Indian Jewellers on Mandatory Hallmarking

Mumbai: The Nagpur Bench of Bombay High Court passed an interim order on 7th May 2021, which stops Bureau of Indian Standards (BIS) from taking any coercive action on jewellers (across India) or impose penalty on those who may not comply with BIA (BIS Act, 2016) regulations [Section 29(2)] on mandatory hallmarking due to the lack of adequate infrastructure in terms of assaying &

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WFDB, BDB Raise Funds for COVID Relief in India

Antwerp: The World Federation of Diamond Bourses (WFDB) and Bharat Diamond Bourse (BDB) have launched a campaign, Diamond Aid, to raise funds to help India in its battle with COVID-19. Recently, the WFDB Executive Committee held an emergency session over Zoom, and decided unanimously to take the lead in mobilizing the international diamond and jewelry industry to donate. The goal

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IIJS Bharat Premiere 2026 Opens with New FTAs, New Markets

Mumbai: The 42nd edition of IIJS Bharat Premiere opened at the Jio World Convention Centre, Mumbai, today, against the most favourable trade backdrop the Indian gem and jewellery industry has ever known. A succession of free trade agreements — with the UAE, Australia, Oman and the United Kingdom, with the European Union and New Zealand to follow — has redrawn

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BDB Hosts Presentation on Fluorescence in Natural Diamonds by GIA Experts

Mumbai: In the latest round of Leadership Series talks hosted by Bharat Diamond Bourse (BDB), two senior experts from the Gemological Institute of America (GIA)-Mr. Sriram Natarajan, Senior Vice President, Global Laboratory Operations, GIA, and Dr. Yun Luo, Director, Metrology and Quality Control, GIA, highlighted some of the institute’s latest scientific research into the impact of fluorescence on the appearance of natural

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INNOV8: Innovative Seminars at IIJS Premiere

Mumbai: The India International Jewellery Show (IIJS) Bharat Premiere 2026, being held by GJEPC between 5th & 10th August at two different venues of Mumbai has, as usual also organized the Innov8, a series of innovative seminar at both the venues. The schedule is given below: Some of the key sessions at BEC Hall 6 include:6 Aug: Luxury Jewellery, Retail

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Qatar Diamond Exchange Joins the WFDB

Doha: The Qatar Diamond Exchange (QDE) has officially been admitted as a member of the World Federation of Diamond Bourses (WFDB), the exclusive organization that – as of now – unites 27 diamond bourses on five continents under common trading rules and a shared code of conduct. QDE’s admission was announced during the 41st World Diamond Congress, convened by the

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