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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GJEPC-World Gold Council Felicitate ‘Kohinoors of India’

Mumbai: Celebrating the humane side of the Indian G&J Industry, Gems & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council (WGC) felicitated the real heroes of the Industry for their exemplary Contribution towards Society during COVID-19. This was an event witnessed for the very first time via a Virtual Musical Extravaganza where the spirits & undying

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GJEPC Meets Partners for Enhancing Global Market

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) organised a meeting with its Global Partners on 12th August 2020 to have discussion over widening India’s  global market reach when it comes to exports of gems and jewellery.  Among the 19 participants were the Council’s coordinators for key global markets including USA, Europe, Russia, CIS Middle East, Oceania, Japan and

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India’s G&J Exports Declined by 38% in July 2020

Mumbai: India’s overall gross exports of gems and jewellery (G&J) in the month of July this year declined by around 38% to $1.36 billion, compared to $2.19 billion in July 2019, due to the global economic slowdown caused by the Covid pandemic, as per data provided by Gem and Jewellery Export Promotion Council (GJEPC). For the April-July 2020 period through,

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First Virtual World Diamond Congress from 14th Sept.

Antwerp: The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers’ Association (IDMA) have announced that the next World Diamond Congress will be held in a virtual format on September 14 – 15, 2020. The 39th World Diamond Congress, a biennial gathering of the WFDB and IDMA, was originally planned to be held in Hong Kong in November 2020, but

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De Beers and Botswana Extend Partnership with Letsile Tebogo

London: De Beers Group and the Government of the Republic of Botswana today announced the extension of De Beers’ partnership with Olympic champion and Botswana sporting icon Letsile Tebogo. Originally launched in January 2025, when Tebogo was appointed a De Beers Global Ambassador, the partnership has now been expanded into a three-year programme of work between De Beers and the

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Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone

Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at

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Sky Gold & Diamonds Acquires Purvi Gems

Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is

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‘UNNATI’ to Power Women in G&J Industry

Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI

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