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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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GJEPC Organised Design Inspirations Seminar
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized its annual seminar Design Inspirations during the 12th edition of Signature IIJS show. Addressing the gathering, Chairman of the GJEPC Mr. Pramod Kumar Agrawal said that the Indian gem and jewellery industry has come a long way. “India is the largest manufacturer of cut and polished diamonds, the sixth largest
GJC Presented 8th National Jewellery Awards
Mumbai: The grand finale of the 8th edition of the country’s biggest and most eagerly awaited gems and jewellery awards were bigger and grander than ever before! All India Gem and Jewellery Domestic Council (GJC), presented 36 National Jewellery Awards (NJA) 2018 across 5 different categories in the presence of Mr. Anantha Padmanaban (Chairman and Convener, GJC), Mr. Shaankar Sen (Vice Chairman, GJC), Mr.
Forevermark Red Carpet Collection '19 by India
Mumbai: Since the time the De Beers’ diamond brand was launched, Forevermark diamonds have consistently graced the red carpets of all the most important events, worn by the most important celebrities. This year, 27 Indian retailers designed jewellery exclusively for the 91st Annual Academy Awards. “Inspired by the talent and strength of Hollywood’s leading women, the jewellery designs will be
WJA Unveils Designers of India Book
Mumbai: The Womes’s Jewelry Association (WJA) India, recently launched a coffee table book titled “Designers of India” during the inaugural ceremony of the 12th edition of IIJS SIGNATURE. The book was unveiled by the Guest of Honour, Dr Subodh Agarwal, Additional Chief Secretary, Industries, Government of Rajasthan. Also present on the occasion on the dais were Chairman GJEPC, Pramod Kumar
Rohit Sharma, Anirudh Ravichander Star in Platinum’s New Campaign
Mumbai: Platinum Guild International (PGI) India unveiled a new campaign for its men’s jewellery brand Men of Platinum, featuring cricketer Rohit Sharma and music composer Anirudh Ravichander. The campaign signals an expansion of the men’s platinum jewellery category, speaking to a wider spectrum of men—from those seeking contemporary, design-led pieces as an expression of personal style to those drawn to
India’s G&J Industry Welcomes GST Reforms
Mumbai: The Indian Gem & Jewellery industry (G&J) expressed its sincere gratitude to India’s Finance Minister Mrs. Nirmala Sitharaman for the landmark GST reform recommendations approved at the 57th GST Council meeting. These progressive recommendations are a significant step towards enhancing ease of doing business, strengthening export competitiveness and creating a more enabling environment for the growth of India’s Gem
Momentum is Building for Basilia Jewellery & Watch Fair
Basel: Three months after its launch, it is clear that Basilia Jewellery & Watch Fair, organised by Informa Markets and MCH Group, meets a strong need with its gateway trade fair for the jewellery, watch and gemstone industries in Asia and Europe. Strong market demand has already brought exhibitor registrations to 70% of the target for the inaugural edition, which
Men of Platinum Expands Collection with New Designs
Mumbai: Platinum Guild International (PGI) India has unveiled a new Men of Platinum collection featuring chains, pendants, bracelets and rings designed for men at different stages of their journey. Endorsed by Rohit Sharma and Anirudh Ravichander in the brand’s new campaign, the collection brings to life a central belief: enduring success is forged through character—the conviction to forge your own
