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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DMCC Opens Representative Office in IDE

Ramat Gan: The Dubai Multi-Commodities Centre (DMCC) officially opened its new representative office yesterday in the Israel Diamond Exchange (IDE) complex in Ramat Gan. To open the office were DMCC Executive Chairman and Chairman of the Dubai Diamond Exchange Ahmed Bin Sulayem and DMCC Special Adviser Martin Leake, who both arrived on the first regularly scheduled flight from the UAE

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"Diamonds Across Time" Book is Available Online!

London: “Diamonds Across Time,” the World Diamond Museum’s first book in the series of Facets of Mankind publications, is now available for purchase online. The book was compiled and edited by the World Diamond Museum’s chief curator and world renowned jewellery expert Dr. Usha R Balakrishnan. It includes 432 pages with 309 rich illustrations. She and nine other distinguished authors

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J.A.D.E. by GJSCI Virtually Launched

Mumbai: J.A.D.E. (Jewellery Artificial Intelligence & Data-science Excellence) by Gems & Jewellery Skills Council of India (GJSCI) was launched in a virtual ceremony on 30th November 2020. The Chief Guest was Prof Chaudhuri (Director, IIT Bombay) and the Guest of Honor was Mr. Manish Kumar (MD & CEO, NSDC). JADE is a center of excellence for artificial intelligence focusing on

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De Beers Announces Ambitious 2030 Goals

Mumbai:De Beers has announced 12 ambitious sustainability goals for the coming decade, including achieving gender parity throughout its workforce, supporting 10,000 women entrepreneurs in its diamond producing partner countries and being carbon neutral within its own operations by 2030. The 12 goals are part of De Beers’ Building Forever framework – a sustainability approach embedded in the business’s commercial strategy and focused on

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Gemfields Generates $29.6m from Emerald Auction

London: Gemfields Group Limited announced that its latest commercial-quality emerald auction generated $29.6 million, with every lot sold and the average realized price rising sharply from its previous sale. The auction, held between 24 August and 10 September, achieved $9.72 per carat, compared with $7.46 at the November-December 2025 auction. Total proceeds were also up from $25.4 million despite the volume

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WGC Unveils New Chapter of ‘The Moment is Gold’ 

The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold

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JGTD to Open from 27th October

Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring

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Indian Leaders Elected to the CIBJO Board of Directors

Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,

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