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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First Virtual World Diamond Congress Deemed Success

Antwerp: The third day of the 39th World Diamond Congress was concluded with a closing session addressed by World Federation of Diamond Bourses (WFDB) President Yoram Dvash and International Diamond Manufacturers Association (IDMA) President Ronnie VanderLinden. Mr. Yoram Dvash said, “This has been a World Diamond Congress that we will never forget.” He noted that participation had been high despite

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Yoram Dvash Elected as President of WFDB

Antwerp: During the Working Session of the World Federation of Diamond Bourses (WFDB) , held on the opening day of the virtual World Diamond Congress, Mr. Yoram Dvash, President of the Israel Diamond Exchange (IDE), was formally elected as President of the WFDB for a three-year term, after having served as Acting President since April. Lin Qiang, President of the

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IIJS Virtual to be Orgnaised in October 2020

Mumbai: India International Jewellery Show (IIJS Virtual), the digital edition of Gem and Jewellery Export Promotion Council (GJEPC’s) flagship August show, is scheduled in October, this year. Inspite of the pandemic that has crippled India’s economy, IIJS Virtual show has already created a buzz among industry circles, with initial exhibitors’ interest exceeding expectations. Like many industries, the jewellery industry too

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The WDM Releases its first Proprietary Publication

London: The World Diamond Museum (WDM) announced the publication of the museum’s first book in the series of Facets of Mankind publications, named “Diamonds Across Time.” The unveiling of the book coincides with the First Virtual World Diamond Congress that is held September 14-15. The book was compiled and edited by the World Diamond Museum’s chief curator and world renowned

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Mehul Shah Elected President of WFDB

Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse has been elected President of World Federation of Diamond Bourses, (WFDB) the apex global body of the diamond trade comprising 26 Diamond Bourses from across the Globe and 6 affiliated members.  The election took place on Monday, July 12, during the ongoing World Diamond Congress in Singapore.  Leaders of the 21

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HRD Design Awards Coming to India

Mumbai: For 40 years, the HRD Design Awards have celebrated the world’s finest jewellery design talent. Now, for the first time in its history, the awards are coming to India. Designers, jewellers, students, goldsmiths, and creative talents from around the world are invited to submit their entries and compete on a global stage. THEME “Where Earth Meets Eternity Born from the

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IAGES Directory Brings Verified Partners on One Platform

Mumbai: The Accredited Partner Directory launched by the Indian Association for Gold Excellence and Standards (IAGES) in November, 2025, has gained significant momentum among consumers and gold businesses since its inception. This one-stop digital platform now hosts a growing network of over 700 IAGES partner outlets across 200 cities, allowing consumers to find verified, trusted jewellers nearest to them before

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De Beers Sets out Portfolio & Organizational Actions to Support Long-Term Value Creation

London: De Beers Group is advancing delivery of its business streamlining by setting out a number of planned portfolio and organisational changes to ensurean efficient cost base that strengthens resilience in the near-term while enhancing future competitiveness and retaining optionality as industry conditions improve. Since 2024, De Beers has been streamlining its business in line with its Origins strategy to

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