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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Botswana Leadership Takes its Place on The World Stage

Gaborone: The Government of Botswana in collaboration with the Diamond Sector, has launched the 60 Years of Diamond Leadership Initiative and unveiled the diamond embedded medals for the Debswana World Athletics Relays Gaborone 26 at the Botswana National Museum. This moment marks a defining shift in Botswana’s diamond journey: from resource extraction to global reputation; from mineral value to public

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GJC Issues Statewide Guidelines & Multilingual SOPs 

Mumbai: The All India Gem and Jewellery Domestic Council (GJC) has launched a comprehensive industry-wide initiative to safeguard jewellery traders across Maharashtra by rolling out structured guidelines and Standard Operating Procedures (SOPs) aimed at ensuring fair, transparent, and accountable policing practices during theft investigations. This initiative follows the Government of Maharashtra’s circular dated March 14, 2024, and reflects GJC’s proactive

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Roadmap for Gold Innovation & Global Reach

Mumbai: Senior leadership from the World Gold Council’s (WGC) London head office visited the Indian Institute of Gems & Jewellery (IIGJ), Mumbai, on 21 April 2026, with a clear focus on advancing gold jewellery innovation through design, technology and new product concepts. The visit explored collaboration on talent development alongside innovation-led initiatives, with the delegation also interacting with students exhibiting

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Programme of 41st WDC Available on Website

Singapore: The Organizing Committee of the 41st World Diamond Congress (WDC), to be held July 12-15, 2026, in Singapore, announced that the full programme of the three-day event is now available and can be viewed in full on the dedicated Congress website. While the Congress panels for the joint WFDB and IDMA sessions were published earlier, the full programme now

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GIFT City Set to Become Hub for Global Bullion Trading

Ahmedabad: Post the announcement in the Union Budget 2020-21 for setting up of International Bullion Exchange in GIFT IFSC, the steering committee of World Gold Council (WGC) held their meeting at Gujarat International Fin-Tec City (GIFT City). Among other things, one of the key points in the agenda was to discuss about developing a comprehensive plan for International Bullion Exchange. In addition, the committee

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GJEPC Reschedules IGJS, Jaipur in July 2020

Mumbai: GJEPC has rescheduled the International Gem & Jewellery Show (IGJS) to a new date, citing serious concerns globally pertaining to the outbreak of respiratory illness caused by coronavirus adversely affecting everyone’s travel plans. Now, the show will be organised from 18th -20th July 2020 in JECC Jaipur. Mr. Pramod Agrawal, Chairman, GJEPC said, “Fighting the Covid-19 should be the

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Impact of Coronavirus on Sales of De Beers Cycle 2

Gaborone: De Beers has blamed coronavirus for a significant drop in sales of rough diamonds at its latest sight, held in Botswana last week. The provisional figure for Cycle 2 is $355m, down from $551m at January’s sight (Cycle 1) and the lowest since Cycle 8 of last year. The company allowed a number of deferrals from sightholders, especially for

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GJC Conducts 60th Labham Programme in Kolhapur

Kolhapur: All India Gem and Jewellery Domestic Council (GJC), the apex domestic council of the gems & jewellery industry, conducted the 60th “Labham” educational programme for jewellers in Kolhapur on Saturday, February 29, 2020. Labham, an educational seminar on compliance, taxation, credit & best business practices organized by GJC, attracted more than 400 jewellers from Kolhapur. Labham Programme for Compliance, Best Business Practices

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