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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Huge Potential for Gold Jewellery in India: WGC

Mumbai: The World Gold Council’s (WGC) ‘Retail Gold Insights: India Jewellery’ report highlighted that 37% of Indian women have never bought gold jewellery in the past but would consider buying it in the future, presenting a significant potential audience for retail jewellers to capture. 60% of Indian women already own gold jewellery; it is the second most popular item among ‘fashion and

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'Get Diamonds' Takes the Industry by Storm

Antwerp: Just a month and a half after the World Federation of Diamond Bourses (WFDB) acquired the digital trading platform Get Diamonds from the Israel Diamond Institute, the platform has grown to become the world’s largest B2B diamond digital marketplace. Today the number of diamonds listed is over 1,200,000, with total value of over $5.5 billion, and the WFDB is

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Israel Diamond Industry Gets back to Business

Ramat Gan: The Israel Diamond Exchange opened its Trading Floor once again on Sunday May 24, 2020 and declared a return to “normal” activity after being closed for two months due to a lockdown being declared by the Government. However, the Exchange said that from now on, the trading floor “will operate under a new format, in compliance with government

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The 9th Forevermark Forum in Miami Goes Virtual

Mumbai: The Forevermark has announced that its 9th Forevermark Forum, scheduled to be held in Miami in March, will now be held virtual because of the COVID-19 outbreak. As a result of the ongoing crisis, and various restrictions imposed, the Forevermark went ahead to hold the event virtually. “In various interactive sessions throughout the day, the Virtual Forum addressed the

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JGTD to Open from 27th October

Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring

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Indian Leaders Elected to the CIBJO Board of Directors

Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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IGM Appoints Nirakar Chand as MD of BullionX

Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and

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