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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India and New Zealand Sign Strategic FTA

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the signing of the India–New Zealand Free Trade Agreement (FTA) on 27 April 2026, calling it a timely and strategic step that opens a high-potential market for Indian gem and jewellery exporters. India’s current gem and jewellery exports to New Zealand stand at approximately USD 16.61 million. With zero-duty

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Suresh Hathiramani Elected as Chairman of WDHB

Singapore: The World Diamond Heritage Board (WDHB) has announced the appointment of Mr. Suresh Hathiramani as Chairman and Mr. Alex Popov as Vice-Chairman, of the Selection Committee of the World Diamond Heritage List (WDHL). A Historic Initiative for the Diamond Industry: The World Diamond Heritage List is an initiative designed to identify and document the 100 diamonds that have shaped

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Antwerp’s Diamond Trade Increased by 20% in Q1

Antwerp: According to figures from the Antwerp World Diamond Centre (AWDC), the total volume of diamonds traded in Antwerp increased by nearly 20% in the first quarter of 2026 compared to the same period last year. The import of rough diamonds in particular saw strong growth, with a 35.7% increase in volume. In terms of total trade value, the trading

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India Govt. Includes Jewellery in FTWZ

New Delhi: In a significant policy clarification, the Government of India has brought jewellery under the ambit of Free Trade Warehousing Zones (FTWZ), extending the scope of the existing framework governed by the SEZ Rules, 2006. Under a Circular dated 3rd March 2016, FTWZ units were already permitted to undertake storage and vaulting of precious commodities such as gold, silver,

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“HRD Antwerp Certified" Flagship Store in Paris

Paris: In the presence of the Belgian Ambassador in France, H.E. Vincent Mertens de Wilmars and Peter Macken, CEO HRD Antwerp, HRD Antwerp’s first flagship store was inaugurated on 23 June 2016 in Paris. An exclusive partnership between HRD Antwerp, Europe’s leading authority in diamond certification and selected retailers. The “flagship” designation is liberally applied to stores in prestigious locations,

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Poor Pay in India’s Gem Trade: ASSOCHAM

New Delhi: Salaries in India’s gem and jewellery sector are half of those in other industries, according to a report that highlights a labor shortage driven by rock-bottom pay and dangerous working conditions. Workers in the industry earn an average of $3,740 (INR 252,000) per year, according to a study by the Associated Chambers of Commerce & Industry of India

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New Technic to Produce Artificial Diamonds

Moscow: Experts of the Institute of Solid State Chemistry and Mechanochemistry (ISSCM) of the Siberian Branch of the Russian Academy of Sciences (SB RAS) have developed a technique to produce artificial diamonds, which permits to make them a thousand times faster, much faster than the methods used today. The news was broken to reporters by Boris Tolochko, Senior Research Fellow,

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Rough Prices Declining: ABN AMRO

Amsterdam: Rough diamond prices are likely to fall because of sluggish consumer demand for jewelry, according to a report from ABN AMRO. A surge in the Composite Rough Diamond Index so far this year is not sustainable and may have been motivated by traders’ opportunistic behavior, Georgette Boele, the bank’s coordinator of FX and precious metals strategy, said in a

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