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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US China Trade War may Benefit India

Mumbai: With the Chinese imposition of the national security law on Hong Kong, the United States of America has given an indication of imposing 7.5% duty, which was earlier about 3.3%. US, President Mr. Donald Trump, has unswervingly seen attacking China over the spread of Coronavirus in the United States and not been able to contain it. The series of

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Rio Successfully Operates Business through COVID-19

Perth: Rio Tinto has continued to produce and market its diamonds throughout the challenges posed by the COVID-19 pandemic. Rio Tinto, 100 per cent owner of the Argyle diamond mine in Australia and the operator and 60 percent owner of the Diavik diamond mine in Canada, has put in place extensive controls through a combination of testing, screening, sanitising and

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Gold should be Looked as Portfolio Diversifier

Mumbai: Gold should be embraced as a portfolio diversifier and hedging strategy by an investor in the current environment. The present difficult time amid pandemic COVID-19 will continue to reinforce the role of gold as a strategic asset, said eminent experts in a Webinar on Gold Investment Opportunity and Price Outlook organised by PHD Chamber of Commerce and Industry. Eminent experts

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IDE Hosts Successful KOIN Tender of Large Stones

Ramat Gan: The Israel Diamond Exchange (IDE) last week completed a successful first tender by KOIN International at its International Tender Center. The tender offered rough diamonds of 10.80 carats and over as well as fancy color diamonds as from the EKAPA (Kimberley) Mine in South Africa. Among the stones was an extraordinary 49 carat Vivid Yellow diamond. Although mostly

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Platinum Jewelry Takes Center Stage at the Emmy Awards

Mumbai: The 78th Emmy Awards delivered a dazzling showcase of fine jewelry, with platinum featured in many of the evening’s most memorable red carpet looks. Prized for its rarity, enduring strength and naturally luminous white color, platinum provided the ultimate setting for extraordinary diamonds and rare gemstones worn by some of television’s biggest stars. From striking diamond earrings to contemporary

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De Beers Group Science & Technology Showcases SynthDetect 2

London: De Beers Group’s Science & Technology division today revealed SynthDetect 2, the next generation desktop diamond screening instrument. The first SynthDetect instrument and its successor SynthDetect XL – released in 2017 and 2018 respectively – have been among the most successful instruments in De Beers Group’s suite of diamond verification instruments due to their outstanding technical screening functionality and

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Amit Shah Graces 52nd India Gems & Jewellery Awards

Industry’s premier awards bring together national and state leadership, recognising excellence and India’s growing global ambitions Mumbai: In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble

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Gemfields Generates $29.6m from Emerald Auction

London: Gemfields Group Limited announced that its latest commercial-quality emerald auction generated $29.6 million, with every lot sold and the average realized price rising sharply from its previous sale. The auction, held between 24 August and 10 September, achieved $9.72 per carat, compared with $7.46 at the November-December 2025 auction. Total proceeds were also up from $25.4 million despite the volume

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