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 Joins Govt Delegation to Canada for CEPA Talks

New Delhi: Union Commerce & Industry Minister Mr. Piyush Goyal is leading a high-level Indian delegation to Canada from 25-27 May to advance discussions on the proposed India-Canada Comprehensive Economic Partnership Agreement (CEPA) and strengthen bilateral trade and investment ties. Mr. Anoop Mehta, Convener – Diamond Panel, GJEPC, is representing the Council as part of the Indian delegation accompanying the

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India Design Gallery at JCK Las Vegas 2026

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) presents the India Design Gallery at the 2026 JCK Las Vegas trade show. This exclusive gallery, located at Level 1 Lobby, will highlight some of the most exquisitely crafted jewellery pieces from India. Held from 29thMay to 1st June 2026, at the Venetian Expo | Indian Pavilion at Level 1 and

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Gemfields’ Higher-Quality Emerald Auction Fetches $26.8 Million

London: Gemfields recently announced revenues of $26.8 million from its latest higher-quality rough emerald auction, with strong demand continuing for top-tier stones despite broader market caution driven by geopolitical tensions and macroeconomic uncertainty. The auction, held from 4 to 21 May 2026, saw 36 of 37 lots sold, representing a 97% sell-through rate. Of the 185,135 carats offered, 183,385 carats

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D. P. Abhushan Q4 2026 PAT Jumps 101% YoY

Bhopal: DP Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 86 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 12 different geographics in India, announced its financial results for the fourth quarter and full year ended 31st March 2026. The company reported a strong performance with Q4FY26

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GIFT City Set to Become Hub for Global Bullion Trading

Ahmedabad: Post the announcement in the Union Budget 2020-21 for setting up of International Bullion Exchange in GIFT IFSC, the steering committee of World Gold Council (WGC) held their meeting at Gujarat International Fin-Tec City (GIFT City). Among other things, one of the key points in the agenda was to discuss about developing a comprehensive plan for International Bullion Exchange. In addition, the committee

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GJEPC Reschedules IGJS, Jaipur in July 2020

Mumbai: GJEPC has rescheduled the International Gem & Jewellery Show (IGJS) to a new date, citing serious concerns globally pertaining to the outbreak of respiratory illness caused by coronavirus adversely affecting everyone’s travel plans. Now, the show will be organised from 18th -20th July 2020 in JECC Jaipur. Mr. Pramod Agrawal, Chairman, GJEPC said, “Fighting the Covid-19 should be the

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Impact of Coronavirus on Sales of De Beers Cycle 2

Gaborone: De Beers has blamed coronavirus for a significant drop in sales of rough diamonds at its latest sight, held in Botswana last week. The provisional figure for Cycle 2 is $355m, down from $551m at January’s sight (Cycle 1) and the lowest since Cycle 8 of last year. The company allowed a number of deferrals from sightholders, especially for

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GJC Conducts 60th Labham Programme in Kolhapur

Kolhapur: All India Gem and Jewellery Domestic Council (GJC), the apex domestic council of the gems & jewellery industry, conducted the 60th “Labham” educational programme for jewellers in Kolhapur on Saturday, February 29, 2020. Labham, an educational seminar on compliance, taxation, credit & best business practices organized by GJC, attracted more than 400 jewellers from Kolhapur. Labham Programme for Compliance, Best Business Practices

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