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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Gahcho Kué Mine Suspends All Operations

Toronto: The Gahcho Kue diamond mine in Canada has suspended all operations after six workers tested positive for COVID-19. It follows a separate outbreak involving workers on contractor-operated winter road 25 miles away, although health officials do not believe the two are linked. The 335 workers currently at the mine in Northwest Territories, have been confined to their rooms, “except to use the washroom and for scheduled meal times“.

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De Beers’ Jan Sight Earns Highest in Three Years

Gaborone: De Beers sold $650 million worth of rough diamonds at its first sales Sight of the year – “the highest figure” since January 2018. In the last Sight of 2020, De Beers sold $452 million worth of rough, while in the corresponding Sight of 2020 (Sight 1), De Beers sold $551 million worth of rough. Mr. Bruce Cleaver, CEO

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Long-term Outlook for Diamond Industry is Positive

Antwerp: Bain & Company and the Antwerp World Diamond Centre (AWDC) have published their tenth joint annual report on the global diamond industry. The report covers the diamond and jewellery industry’s performance during 2019, the effects of the Covid-19 pandemic in 2020, and presents an update on consumer preferences and attitudes. The report also offers an assessment of possible scenarios

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Anika is President of MMTC-PAMP Consu. Business

Mumbai: The MMTC-PAMP, India’s first and only London Bullion Market Association (LBMA) accredited Good Delivery refinery for Gold and Silver yesterday announced the appointment of Anika Agarwal as President – Consumer Business. Anika would be responsible for building and delivering the strategy to build MMTC PAMP’s brand and footprint in India across the Physical and Digital spaces. She will report

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India’s G&J Exports Remain Stable in Apr 25 Jan 26

Mumbai: India’s gem and jewellery (G&J) exports remained broadly stable during April 2025–January 2026, reflecting resilience amid global trade headwinds and tariff-related pressures in key markets. Overall gross exports stood at US$ 23.19 billion (₹2,03,280.72 crore), registering a marginal decline of 0.64% in dollar terms while growing by 3.57% in rupee terms, compared to exports of US$ 23.33 billion (₹1,96,277.49

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GJEPC Felicitated Piyush Goyal and Jitin Prasada

New Delhi: A delegation of India’s Gem & Jewellery Export Promotion Council (GJEPC), led by its Chairman Mr. Kirit Bhansali recently felicitated Commerce & Industry Minister Mr. Piyush Goyal and MoS Mr. Jitin Prasada in New Delhi on the successful completion of the India–USA Interim Agreement. The conversations were directed toward scaling exports and fortifying India’s gem & jewellery trade

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Namibia Joins Luanda Accord: GJEPC, DMCC to Become Members of NDC

Cape Town: The Luanda Accord held its second high-level meeting at the African Mining Indaba 2026, marking an expansion of collective action in support of global generic marketing for natural diamonds, led by the Natural Diamond Council (NDC). The Accord brings together diamond-producing governments and industry stakeholders committed to sustained investment in protecting and promoting the natural diamond category. Its

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When Love is the Feeling, Gift must be Platinum!

Mumbai: When love is intentional, enduring, and deeply felt, it deserves a symbol that reflects its significance. Platinum stands apart as the metal of love – resilient and lasting, naturally white, with jewellery that is uncompromisingly pure. This Valentine’s season, Platinum Love Bands spotlights women’s platinum rings – each designed to convey what makes ‘her’ special…celebrating your love for her, and the woman that she

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