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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De Beers Progresses in Women Entrepreneur Training

On the second anniversary of becoming a HeForShe Thematic Champion and partnering with UN Women, De Beers Group announced that more than 700 women micro-entrepreneurs in Namibia and South Africa have successfully completed their training. The Accelerating Women Owned Micro-Enterprises (AWOME) programme has also recently launched in Botswana, creating even more opportunities for women micro-entrepreneurs to participate. Part of De

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IDE Continues Natural Diamonds Campaign

Ramat Gan: The Israel Diamond Exchange (IDE) is continuing its “We Love Natural Diamonds” international campaign in collaboration with the World Federation of Diamond Bourses (WFDB). Today IDE’s third video in the series was presented at the World Federation of Diamond Bourses Presidents Meeting in Dubai by WFDB President Ernie Blom, who cited IDE’s campaign as a model to be

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JNA Conference on Jewellery Design Concluded

Hong Kong: The JNA Conference on jewellery design ended on a high note, with over 150 designers, students and manufacturers from more than 25 countries and regions in attendance. Sponsored by KGK Group, the JNA Conference: “From Inspiration to Innovation – The Designer’s Journey of Creativity” took place on 19 September 2019 on the sidelines of the September Hong Kong

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WFDB-IDMA Presidents' Meeting Opened in Dubai

Dubai: The World Federation of Diamond Bourses (WFDB) Presidents Meeting kicked off in Dubai today with special sessions on lab-grown diamonds and provenance and traceability. An important delegation from Sodiam including Chairman Dr. Eugenio Bravo da Rosa took part in the ribbon cutting to officially open the Presidents Meeting. Angola has the potential to become the first and largest mining

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Gold Faces Pivotal H2 as Geopolitical Risk

New York: After a volatile start to the year, gold now faces a pivotal second half that will be shaped by unpredictability from geopolitics, rates, and investor sentiment, according to the Gold Mid-Year Outlook 2026 released by the World Gold Council (WGC) recently. Gold set more than 12 all-time highs and reached a record US$5,405/oz in late January before pulling

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Nearly 80% of Belgian Diamond Traders Pass First-Ever Anti-Money Laundering Exam 

Antwerp: For the very first time, the Belgian FPS Economy and the Antwerp World Diamond Centre (AWDC) organized a large-scale anti-money laundering (AML) exam for Belgian diamond traders. The sector delivered strong results, with nearly 80%of the 196 participants passing the test. The exam, which assesses knowledge of Belgian AML obligations, is part of broader efforts to further strengthen compliance

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Gemfields CEO to Step Down: Ruby Auction Fetches $23.1 Mln.

London: Gemfields Group recently announced that its CEO Mr. Sean Gilbertson will step down by mutual agreement on 15 July 2026, with Chief Financial Officer Mr. David Lovett appointed Interim CEO while retaining his current role. The Board has begun the process of identifying a permanent successor. The announcement coincided with the results of Gemfields’ inaugural Trade Select ruby auction,

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GJC Calls for Balanced Policy & Consumer Friendly Reforms

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) released yesterday its half‑yearly review of the gold and silver market for 2026, noting that the first six months of the year were marked by historic peaks in bullion prices, followed by corrections that reshaped consumer sentiment and industry outlook. The Council emphasized that taxation changes, customs duty hikes, and global geopolitical

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