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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Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund

Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President

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GJEPC Showcases India’s Craftsmanship at JCK Las Vegas

Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning

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Edward Asscher Re-Elected as RJC Vice Chair

London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run

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NDC Welcomes GJEPC Membership

Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second

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‘World’s Biggest Pearl’ Found in Philippines

Manila: A Filipino fisherman in western Palawan island has found possibly the world’s biggest pearl, but he didn’t know it. For 10 years, the 34-kilogram (75-pound) pearl was hidden in a bag under a bed. The fisherman’s family would rub it with their hands before going out to sea in the belief it would bring them luck, said relative Aileen

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Indian Exporters to Loose Incentives after GST

New Delhi: India’s Commerce secretary Ms. Rita Teaotia told the exporting community yesterday that exemptions and incentives, which were being given for promoting exports, would go away once the GST was in place. “Exemptions and incentives will go away once the Goods and Services Tax (GST) is implemented. GST and exemptions do not go hand-in-hand,” Teaotia said at a session

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GJSCI Certifies 3rd Centre of Excellence in Kerala

Mumbai: Gems & Jewellery skill Council of India (GJSCI) takes another step towards accomplishing Prime Minister Mr. Narendra Modi’s vision of a skilled India by certifying their 3rd Centre of Excellence- KTB (IGJ,Inkel) in Mallapuram, Kerala in presence of Mr. Rajiv Pratap Rudy- Union Minister of State Skill Development and Entrepreneurship, Mr. Rohit Nandan -Principal Secretary, Ministry of Skill Development

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CIBJO Releases Marketing & Education Sp. Report

Milan: With nine weeks to go to the opening of the 2016 CIBJO Congress in Yerevan, Armenia, on October 26, 2016, the first of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report provides an update about the organization’s Jewellery Industry Greenhouse Gas Measurement Initiative, which was

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