We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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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
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
Top News
India’s Diamond Exports Suffer Heavy Fall in Feb
Mumbai: India’s gross exports of cut and polished diamonds (CPD) have gone down heavily by more than 40% in February 2020 because of the Covid-19 pandemic. Totals were down from $2.34bn in February 2019 to $1.38bn for this February, according to The Gem & Jewellery Export Promotion Council (GJEPC). But exports of gold jewelry were up, as were overseas sales
KP to Hold Virtual Intersessional Conference
Moscow: The Kimberley Process (KP) Intersessional Meeting will be organised as a virtual conference this year, as a precaution against the coronavirus pandemic. The annual forum, in which member states, civil societies and the diamond industry come together, was scheduled to take place in Moscow from June 8 to 12. “COVID-19 is a global challenge without parallel in our living
GJEPC Held Seminar on “Vivad Se Vishwas” Scheme
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized an interactive session on “Vivad Se Vishwas“ recently at the Convention Hall, Bharat Diamond Bourse, Bandra, Mumbai. The purpose of the session was to impart information to members about various facets of this scheme, which was announced during Budget 2020-21. Mr. Anil Kumar, Principal Commissioner of Income Tax; Mr. Rakesh
Sriram Natarajan to Become MD, GIA India
Mumbai: Ms. Nirupa Bhatt announced her transition from her full-time position as managing director of GIA India Laboratory Pvt. Ltd. (“GIA India”), effective June 15. In her role as managing director, Bhatt oversaw the successful 10-year expansion of GIA India. “I intend to transition from my current operational role as managing director of GIA India to a consulting advisory position
Senco Gold Opens Store in Bhubaneshwar
Bhubaneshwar: Senco Gold & Diamonds marked the beginning of the festive season with the grand launch of its flagship Janpath store in Bhubaneswar, inaugurated by actor Ms. Rakul Preet Singh. The occasion brought together festive glamour, timeless craftsmanship and contemporary design, offering customers an early glimpse into the season’s most coveted jewellery trends, from statement natural diamond creations for weddings
Ekati Diamond Mine to Close Following Unsuccessful Sale Process
Toronto: Canada’s Ekati diamond mine is set to cease operations after owner Burgundy Diamond Mines failed to secure a buyer for the asset during a court-supervised sale process. According to documents filed with the Supreme Court of British Columbia, the sale process did not attract any compliant bids, leaving the company without the funding needed to continue operations. Burgundy has
IIJS Bharat Premiere Receives Message from PM
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 42nd edition of IIJS Bharat – Premiere from 5th to 9th August 2026 at Jio Convention Centre, BKC and from 6th to 10th August at the NESCO, Goregaon, Mumbai. On this occasion, India’s Prime Minister Mr. Narendra Modi has sent a special message to the GJEPC wishing the
IIJ Awards on 2nd October in Mumbai
Mumbai: The India International Jewellery Awards (IIJA), an initiative by IBJA (India Bullion and Jewellers Association Ltd.) & Tefla’s is back—bringing together industry excellence, inspiring stories, and a distinguished celebrity jury. A $90B+ industry — and until now, no single honour platform that recognized all of it: from the master karigar at the workbench to the global icon whose work
