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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Gemfields Generates $ 71.5 Min. from Ruby Auctions

London: Gemfields has announced the results of an auction of rough rubies in Singapore from 10 – 14 December 2019. The rough rubies were extracted from the licence held and operated by Montepuez Ruby Mining Limitada (“MRM”), which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada. Highlights: • Auction revenues of USD 71.5 million;• Of the

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De Beers Diamond Sales on Recovery in 10th Sight

Gaborone: De Beers concluded its 2019 rough diamond sales on a seemingly recovery path as the Anglo American 85%-owned diamond company raked in $425 million from the tenth sales cycle of 2019 compared with $400 million realised during the ninth sales cycle. “Following continued polished diamond price stability in the lead up to the final sales cycle of the year,

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Malabar Gold Hosts Solitaire Show with Forevermark

Mumbai: Forevermark, the diamond brand from the De Beers Group will showcase a collection of over 300 diamond solitaires at the Malabar Gold & Diamonds store in Andheri, Mumbai. These beautiful solitaire pieces, starting from 0.14 carats onwards, will be on display till 29th December 2019. Forevermark diamonds are the world’s most carefully selected diamonds while Malabar Gold & Diamonds are known for their un-compromized quality, trust and transparency.

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GIA India Shares ‘4Cs of Diamond Quality’

Hyderabad: GIA India organised a seminar on the “4Cs of Diamond Quality” to help customers of Malabar Gold and Diamonds gain knowledge and confidence. More than 35 diamond connoiseurs and buyers of diamond jewellery attended the seminar in Hotel Mercure, Hyderabad, Telangana. A GIA India representative shared insights on the famous 4Cs of Diamond Quality – Color, Clarity, Cut and Carat

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Sky Gold & Diamonds Acquires Purvi Gems

Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is

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‘UNNATI’ to Power Women in G&J Industry

Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI

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QDE Widens its Scope with CIBJO Membership

Doha: The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO, the World Jewellery Confederation (CIBJO), the international jewellery industry’s principal representative and standards-setting body. QDE joins as a National Association Member, extending the exchange’s international standing beyond the diamond trade into the wider diamond, coloured gemstone and jewellery sector. QDE’s membership was approved in CIBJO’s centenary year.

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GJS-2026 Inaugurated by Mr. Uday Samant 

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly inaugurated the 10th edition of the India Gem & Jewellery Show (GJS 2026 Diwali Edition), celebrated as #HumaraApnaShow—India’s most premium B2B jewellery exhibition—at the iconic Jio World Convention Centre, Mumbai. Inaugurated 2nd October, the show will continue until October 4, 2026, bringing together jewellers, designers, buyers, and industry leaders

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