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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De Beers Publishes Diamond Insight Flash Report

Mumbai: De Beers’ fourth Diamond Insight ‘Flash’ report looks at how diamond jewellery design trends for the upcoming gifting season are expected to be influenced by how consumers are feeling in response to the events of this year and the impact of lockdowns. De Beers partnered with leading London-based fashion trends consultancy, Adorn Insight, to review De Beers’ consumer research data

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DPIIT-GJEPC Talks Progress on E-commerce Policy

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) held a meeting under the chairmanship of Mr. Anil Aggarwal, Jt. Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) on 22nd September to discuss export-related issues in the gems and jewellery sector for the promotion of B2C exports through e-commerce. The video meeting was attended by Mr. S. Suresh

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GJEPC to Hold 1st India Global Connect Business Meet

Mumbai: Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem & jewellery trade in India, in its endeavour to boost exports from India, is organising an exclusive Virtual Business Meet in order to connect Jewellery Manufacturers from India to leading Retailers/wholesalers of UK. The India Global Connect conference will provide platform to explore opportunities, understand business needs

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Examining Generic Promotion of Natural Diamonds

Milan: The Emmy Awards, the U.S. entertainment industry’s annual celebration of excellence in television, took place virtually on September 20 this year and featured the launch of the first-ever celebrity campaign by the Natural Diamond Council (NDC), the industry body dedicated to promoting the natural diamond category in consumer markets around the world. The star of the series of video

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Comprehensive Discussion on Govt. G&J Policy

Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive

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Piyush Goyal Inaugurates NEST 2 at SEEPZ

Mumbai: India’s Commerce and Industry Minister Mr. Piyush Goyal unveiled the NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) yesterday, calling for stronger partnership between industry and the government to boost efficiency, transparency, and skilling. Speaking at the event, Mr. Goyal said SEEPZ must mirror the rapid economic growth witnessed under

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Mehul Choksi’s Extradition is Cleared by Belgium

Mumbai: Belgium’s top court has dismissed fugitive diamantaire Mehul Choksi’s appeal against his arrest in Antwerp, which was made on the basis of an extradition request from New Delhi, according to people familiar with the matter. The Belgian Court of Cassation — equivalent to India’s Supreme Court — heard Choksi’s plea in Brussels on Tuesday and ruled in favour of

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Mumbai: Gemfields has announced revenue of $25.4 million from its November–December auction of commercial-quality rough emeralds, marking one of the company’s strongest sales performances of the year despite earlier disruptions at the Kagem mine in Zambia. Held via private viewings in Jaipur, India, followed by an online sealed-bid process, the auction offered 46 lots of rough emeralds. Of these, 45

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