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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Rio Tinto Launches Collection of Argyle Pink Diamonds

Perth: Rio Tinto has launched a new collection of rare pink diamonds from its Argyle diamond mine in the east Kimberley region of Western Australia. Known as the “Argyle Pink Everlastings™ Collection”, this beautiful offering has been curated to showcase the full colour palette of Argyle pink diamonds, weighing 0.14 carats and below. The Argyle Pink Everlastings™ Collection comprises 64

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GJEPC Invites Entries for 3rd Artisan Awards

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has announced the participation dates for its 3rd edition of The Artisan Jewellery Design Awards 2020 competition. The Artisan Jewellery Design Awards 2020 invites entries starting today from talented designers across the globe from various design disciplines – fashion, jewellery, architecture, animation, typography and others to inspire the world by creating extraordinary jewel pieces. The last day for artwork submission is 31st October 2019. The theme for this

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SSEF Upgrades its Client Services

Basel: The Swiss Gemmological Institute SSEF has become the first gem laboratory worldwide to introduce DNA fingerprinting of ivory as a standard client service. It involves a scientific method that can provide valuable information about the species of ivory being used in jewellery and ornamental objects, in order to determine whether it is CITES-listed elephant ivory or non-listed mammoth ivory.

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GAGE College Principal Visits IIG, Mumbai

Mumbai: Mr. Moges Girma, Principal of GAGE College, Addis Ababa, Ethiopia, visited the International Institute of Gemology on the 30th August. 2019. He was keen to see the variety of courses offered by IIG in the gems and jewellery sector, and admired how IIG emphasized on practical training than just theory-based courses. Mr. Rahul Desai hopes to form a new

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HRD Antwerp Opens New Office & Lab in Dubai

Dubai: HRD Antwerp, Europe’s leading authority in diamond and jewellery grading and a subsidiary of the Antwerp World Diamond Centre (AWDC), has officially opened its new office and laboratory in Almas Tower, Jumeirah Lakes Towers,Dubai. The opening took place in the presence of H.E. Mr Rik Van Droogenbroeck, Ambassador of Belgium to the United Arab Emirates, and HRD Antwerp’s executive

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Sky Gold & Diamonds Reports 90% Growth in Q2

Mumbai: Sky Gold & Diamonds has reported a big growth in its net profit and revenue for the Q2 of FY27. The Company posted a consolidated net profit of Rs. 127.87 crore in the quarter ended September 2026, registering growth of 90.9% from Rs 66.99 crore in the year-ago period. Q2FY27 and H1FY27 Financial Highlights (Consolidated) (All figures in ₹

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Unlocking Digital Gold’s US$ 700bn Opportunity

Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents

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Construction of India Jewellery Park, Mumbai Begins

Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant

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