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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Appointments Made to the Board of 'Get Diamonds'

Antwerp: The World Federation of the Diamond Bourses (WFDB) has announced that the Ownership Committee of Get Diamonds has decided that the Board of Directors of the Get Diamond Subsidiary, to be formed shortly, will comprise of 12 members: five representatives of major bourses, five diamond dealers from various countries and two public representatives who are not diamond dealers. The

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Rs. 20 Lakh Crore Package to Boost Indian Economy

New Delhi: India’s Prime Minister Mr. Narendra Modi on Tuesday announced a Rs 20 lakh crore stimulus package to tackle the impact of coronavirus and weeks of lockdown. He also announced the extention of lockdown saying, “lockdown 4” after May 17 in a “completely different form”, with new rules. The special economic package, equivalent to around 10 per cent of

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HRD Antwerp Organizing HRD Design Awards

Mumbai: HRD Antwerp is organizing the HRD Design Awards from 11th May to 14th June 2020 via an online module, with a theme that will be an inspiration for others in the current global crisis. The theme for the competition in 2020 is HAPPINESS – A New Beginning. Designers are invited to delve into their thoughts of happiness, in order to produce brilliant diamond and gemstone jewels.

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Limited G&J Exports Allowed by Government

Mumbai: Thousands of gems and jewellery exporters in Mumbai took a breath of relief, as the government of Maharashtra yesterday in a landmark decision, allowed designated export units of diamond and jewellery to begin their operations in Mumbai. However, considering the ongoing COVID-19 pandemic, the government has allowed limited workforce in these jewellery export units and also transport of the employees

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Senco Gold with Olocker Provide Jewellery Insurance

Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —

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CIBJO Centenary Congress Calls for Standards, Sustainability & Consumer Confidence

Vicenza: The 2026 CIBJO Centenary Congress opened in Vicenza with welcome addresses from Italian government and industry leaders, who congratulated the World Jewellery Confederation on its first 100 years and highlighted the importance of standards, sustainability and consumer confidence to the global gems and jewellery industry. The congress, being held at the Fiera di Vicenza during the VICENZAORO jewellery show,

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Empower Africa to Host 9th Peace Diamond Trade Mission

Freetown (Sierra Leone): Empower Africa will welcome an international delegation of diamond and jewelry professionals to Sierra Leone for the 9th Peace Diamond Trade Mission, October 11–16, 2026, reconnecting the global diamond industry with the people and communities at the source of the natural diamond supply chain. The six-day mission will bring together diamantaires,manufacturers, retailers, designers, traders, mining professionals, investors,

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Belgian PM Visited Bharat Diamond Diamond Bourse

Mumbai: Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, yesterday. It marked a historic new milestone in the over 100-year partnership between the diamond industries of the

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