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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
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Dover Street Market Curates Sotheby’s Jewels Auction
Mumbai: Kicking off during New York Fashion Week this September, Sotheby’s is partnering with high fashion retailer Dover Street Market to showcase a special selection of the auction house’s upcoming Fine Jewels sale (New York, 25 September 2019) within their cutting-edge New York and Los Angeles locations. Curated by Dover Street Market, the selection will juxtapose period and vintage jewels within a fresh and contemporary setting designed
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
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
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.
India–UK Trade Agreement: CoOs Distributed
New Delhi: To commemorate the India–UK trade agreement coming into effect, Mr. Rajesh Agarwal, the Commerce Secretary and Ms. Lindy Cameron, High Commissioner of UK in India distributed Certificates of Origin (COOs) to some of our exporter members at Vanijya Bhawan. Mr. Sabyasachi Ray, Executive Director and Mr. Antarpal Singh, Regional Chairman, Northern Region received the certificates on their behalf
Kirit Bhansali Joins India’s High Level Delegation
Mumbai: Mr. Kirit Bhansali , Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC), joins Mr. Piyush Goyal , Hon’ble Minister of Commerce & Industry; Dr. S. Jaishankar , Hon’ble Minister of External Affairs; Mr. Jitin Prasada , Hon’ble Minister of State for Electronics & Information Technology and Commerce & Industry; and Ms. Karen Rentmeesters , CEO, AWDC, at
First Jewellery Export Consignment to the UK Under India–UK CETA
Mumbai: Mumbai, India’s financial capital and the country’s premier hub for gem and jewellery exports, yesterday marked a historic milestone with the flagging off of the first jewellery export consignment to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA). The Mumbai flag-off forms part of a nationwide initiative being held across Delhi, Surat, Jaipur, Chennai and
IIJS Premiere: Overseas Buyers Passport Scheme for Int’l Buyers
Mumbai: For the IIJS Bharat Premiere 2026, the Gem and Jewellery Export Promotion Council (GJEPC) has launched an exclusive Overseas Buyers Passport Scheme. Participating International buyers can win a fixed flight reimbursement of USD 525 through a lucky draw. This initiative has been designed to encourage overseas buyers to explore a wider range of exhibitors across the show, thereby fostering
