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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India-Oman CEPA Comes Into Force

Muscat: The India-Oman Comprehensive Economic Partnership Agreement (CEPA) has come into force on 1 June 2026, ushering in a new phase in bilateral trade relations and creating fresh export opportunities across sectors including gems and jewellery, engineering goods, textiles, agriculture, pharmaceuticals and services. Signed on 18 December 2025 following negotiations launched in November 2023, the agreement grants India duty-free market

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More Indian Women are Choosing Natural Diamonds 

 Mumbai: The domestic natural diamond jewellery market continues to witness strong growth momentum, with the country emerging as the world’s second-largest diamond jewellery market. India contributes 12% of global diamond jewellery demand, up from 10% in 2019, surpassing both China and Japan. According to a recent study, ownership of natural diamond jewellery among Indian women has increased from 11% in

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GIA Acquires 30% Shareholding in TRACR

New York: De Beers Group and GIA (Gemological Institute of America) yesterday announced the signing of a definitive agreement for GIA to acquire a 30 per cent shareholding in Tracr, the De Beers Group-backed company behind the development of the pioneering diamond provenance blockchain-driven platform. The agreement marks a significant milestone in Tracr’s evolution towards independence and reflects GIA’s confidence

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De Beers Introduces Desert Diamonds Icons

Las Vegas: At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group yesterday set out its view on the way forward for the natural diamond sector, calling on the trade to work together to capitalize on the early success of the Desert diamonds ‘beacon’ campaign with the introduction of Desert diamonds Icons. The Desert

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CIBJO Releases Ethics Special Report

Milan: With eight weeks to go to the opening of the 2016 CIBJO Congress in Yerevan, Armenia, on October 26, 2016, the second of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Cecilia Gardner, the report reviews the World Jewellery Confederation’s efforts over the past year to promote Corporate Social Responsibility and

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India’s Economy to Expand at 7.6% in '16-'17: RBI

Mumbai: The Reserve Bank of India has reiterated that the economy is likely to expand at 7.6 per cent in 2016-17, with a better than anticipated agricultural performance and the possibility of release of payments under the 7th Pay Commission’s in the fourth quarter of 2016-17. Releasing its Annual Report 2015-16, prepared under the leadership of its outgoing Governor Raghuram

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ALROSA’s Revenue & Profit Soared in H1

Moscow: ALROSA’s revenue and profit soared in the first half, boosted by stronger global rough demand and an 11 percent weakening of the Russian ruble. Sales in the six months to June 30 leapt 42 percent to $2.87 billion (RUB 186.67 billion), the miner reported. Diamond sales grew 45 percent to $2.7 billion, with the remainder of revenue coming from

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8th Edition of GGJS from 6th Jan. 2017

Ahmedabad: The 8th edition of the Gujarat Gold Jewellery Show (GGJS) is schedule on 6-7-8 January 2017 at the Gujarat University Convention Centre, Ahmedabad, Gujarat India. Since its debut in 2010, the GGJS Show has grown to become a much –awaited jewellery exhibition in India. It established its place as an ideal platform for jewellery to tap into India’s jewellery

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