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

Read More »

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

Read More »

Top News

PGI to Address Changing Needs of Consumers: Vaishali Banerjee

Mumbai: As coronavirus fears continue to rattle markets worldwide, there is the potential for the impact of the virus to reduce platinum demand if it is not contained within months. The demand for platinum jewellery in India could weaken in the following months amid the global onslaught of Covid-19. Platinum market in India has witnessed consistent growth on the back

Read More »

IDMA Forms Jeweler Support Network

Mumbai: (By David Kellie, CEO of DPA) As the COVID-19 outbreak continues to disrupt communities and businesses around the world, the livelihood of many people in our industry is at stake. It is in these moments of hardship that we need to work together, support each other, and focus on strategically building the common path to a sustainable recovery. Local

Read More »

Partial Work to Begin Outside Containment Zones

Mumbai: In an announcement made on April 15, the Ministry of Home Affairs (MHA), Government of India has said that operations in certain types of industrial units outside of the demarcated containment zones will be permitted after April 20 onwards along with adequate precautions, noted the Gem and Jewellery Export Promotion Council (GJEPC). The list of select additional activities in

Read More »

Third Dates Announced for Hong Kong Shows

New dates have been announced for two Hong Kong jewelry shows after they were twice postponed because of coronavirus. The Hong Kong International Jewellery and Diamond Show and its sister event, the Gem & Pearl Show, are now due to take place on 3 to 6 August, with extra Covid-19 precautions. They were originally scheduled for 2 to 8 March,

Read More »

De Beers Reports Lower Q3 Output

London:  De Beers reported an 11% year-on-year decrease in rough diamond production to 6.8-million carats for the quarter ended September 30, primarily driven by planned plant maintenance at Orapa, in Botswana, and a slowdown at Venetia, in South Africa, ahead of a planned two-year production pause. Operational Performance: De Beers notes that rough diamond production was 11% lower at 6.8

Read More »

New FEMA Guidelines to Exporters Explained

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IndusInd Bank, organized a webinar on 16 October 2026 to explain the revised Foreign Exchange Management Act (FEMA) guidelines and their implications for the gem and jewellery trade. Prakash Kumar Rath, Head – Gems, Jewellery and Diamond Division, IndusInd Bank, addressed key changes under the revised framework, which

Read More »

India & France Explore New Frontiers in Luxury Jewellery

Paris: India’s Gem & Jewellery Export Promotion Council (GJEPC) brought 17 curated Indian fine jewellery companies to Paris, with the India–EU trade agreement lending fresh momentum to business partnerships, creative exchange and brand-building across France’s luxury ecosystem. The pitch was partnership, not just supply. India is looking to deepen its place in the global luxury conversation—not simply as a leading

Read More »

GJEPC Partners with The Leela: Offers Benefits to Members

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has entered into a strategic alliance with The Leela Palaces, Hotels and Resorts to provide exclusive hospitality benefits to its members, marking the Council’s first partnership with a hotel group. The association is designed to support members’ business and personal travel needs, offering special pricing, room upgrades, hotel credits, dining and

Read More »

Latest Videos