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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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,

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PNG Jewellers to Donate PPE Kits to Hospitals in Pune

Pune: PNG Jewellers, as part of its corporate social responsibility and community outreach, will donate 500 PPE Kits for doctors and support staff at 3 hospitals in Pune city to strengthen our first line of defence against the menace of the COVID 19 virus. The company has started the distribution of PPE kits which include Hand gloves, Masks, safety goggles, Full body covering gowns, Bedsheets to

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CIBJO Makes all Blue Books Available Free of Charge

Milan: With the international jewellery and gemstone industry grappling with the challenge of a worldwide economic shutdown, instituted by governments in response to the COVID-19 coronavirus pandemic, CIBJO has announced that it will no longer be charging for downloads of its Blue Book series of industry standards and nomenclature.   The CIBJO Blue Books are definitive sets of grading standards

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Lockdown in India Extended till May 3, 2020

New Delhi: India’s Prime Minister Mr. Narendra Modi has extended lockdown in the country till 3rd May, 2020. In his address to the nation today, Mr. Modi announced that based on the suggestions of the state governments and the experts the nationwide lockdown has been extended till May 3. He added that till April 20 all districts, localities, states will

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IAGES Brings Together Accredited Gold Ind. Stakeholders at Trust Circle

New Delhi: The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector. The event drew representatives from diverse segments of the gold ecosystem, including refining,

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NGS, De Beers Renew Okavango Eternal Partnership

New York: The National Geographic Society (NGS) and De Beers Group have announced the renewal of the Okavango Eternal partnership for an additional five years, reaffirming their commitment to the long-term protection of the Okavango River Basin (“the Basin”) and to conservation-related livelihood opportunities for the people who live there and help steward it. One of Africa’s most vital wetland

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Anera Silver Opens its First Store in Bengaluru

Bengaluru: Anera Silver by Kushals announced the opening of its first store in Bengaluru’s HSR Layout on 26thSeptember, marking the beginning of an ambitious retail journey for the newly launched jewellery brand. Founded by Kalpesh Gulechha, Anera Silver has been createdwith a clear point of view to build a jewellery destination where design, craftsmanship, collections and the overall experience take

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Natural Diamond Council Becomes ‘The Diamond Collective’

Mumbai: The Natural Diamond Council (NDC) now becomes ‘The Diamond Collective’ unveiling a new global strategy to reconnect natural diamonds with culture, strengthen consumer confidence and drive long-term relevancy. Shaped by new CEO Amber Pepper following six months of consultation with producers, retailers, brands, creatives and consumers, the strategy responds to a fundamental shift in how people discover, value and

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