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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DITP to Host Full Scale of Virtual Jewellery Fair in Asia

Bangkok: The Department of International Trade Promotion (DITP) will organise “BGJF Special Edition – On Ground to Online Exhibition”, a fully online gems and jewellery exhibition via www.bkkgems-vts.com on 2-4 November 2020. This innovative online jewellery fair will replace the 66th Bangkok Gems & Jewelry Fair, which the DITP has now postponed until 23-27 February 2021. The Physical fair will

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Virtual IIJS, the Game Changer of G&J Industry: GJEPC

Mumbai, October 17, 2020: India’s first ever virtual gems and jewellery trade show, India International Jewellery Show (IIJS) Virtual 2020, powered by GIA, organized by the Gem and Jewellery Export Promotion Council of India (GJEPC), concluded on October 16, 2020. The five-day jewellery extravaganza which commenced on October 12, 2020, has been one of a kind experience for all the

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Virtual Shows are Need of the Hour: Sachin Jain

Mumbai: The positive sentiment among exhibitors and visitors at the India International Jewellery Show (IIJS Virtual) has lifted the mood of the entire Indian gem and jewellery industry. The upbeat trend could perhaps continue through the festive and wedding season and well into the first quarter of 2021. Mr. Sachin Jain, Managing Director of De Beers (India) says, “I truly

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Virtual Trade Shows Going to be the Trend in future

Mumbai: The keen interest shown by the exhibitors and trade visitors in the India International Jewellery Show (IIJS Virtual) is a testament of the entrepreneurial zeal of the Indian industry to march on in the face of adversity. By taking a virtual leap, IIJS has become a digital safe space where business can be conducted free of any physical harm,

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GJC Gets New Office in Mumbai

Mumbai: The All India Gem & Jewellery Domestic Council (GJC), representing over six lakh jewellers across India, marked another significant milestone in its journey with the inauguration of its new office at Trust House, Parel East, Mumbai. Over the past two decades, GJC has emerged as a leading national trade body advocating policy reforms, promoting transparency, encouraging responsible trade practices,

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High Gold Prices, Advantage Platinum Jewellery

Mumbai: As gold and silver prices soar to record highs in 2026, driven by import duty hikes and strong market demand, platinum jewellery is emerging as a premium yet increasingly competitive alternative. With gold prices exceeding ₹1 lakh per 10 grams, the relative price difference for rare, durable platinum has narrowed, making it a compelling choice for consumers seeking luxury

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GJEPC Takes Bold Stance on Recent Hike in Import Duty

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) acknowledged the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. An official statement issued by the organization says, “As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honorable Prime Minister Mr. Narendra Modi. In response to

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Need to Further Strengthen Trust in the System: KP Chair

Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 commenced in Mumbai under India’s Chairmanship. The meeting, being held from May 11 to May 14, 2026, has brought together representatives from Kimberley Process Participants, Observers and industry stakeholders from across the world to deliberate on key issues related to the global trade in natural diamonds. Addressing the gathering, KP Chair 2026,

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