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 Removes ₹10 Lakh Cap on Courier Export

New Delhi: The Government of India on 31st March 2026 issued a set of notifications and a circular to ease re-imports and streamline courier mode shipping, following announcements made in the Union Budget. The reforms target e-commerce exporters and aim to reduce friction in cross-border returns and logistics. A key change is the removal of the per-consignment value cap for

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Aurya Diamonds Enters the Market

Bengaluru: Aurya Diamonds, a Bengaluru-based fine jewellery brand that is reimagining how modern India experiences diamonds through certified lab-grown stones and a design-first, transparent retail philosophy. Founded by Shikha Dadha and co-founded by Saad Salman, Aurya marks its entry into the Indian market with a state-of-the-art experiential jewellery gallery in Bengaluru—moving away from traditional “behind-the-glass” retail to a more immersive, interactive, and consumer-centric format.

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Tracr Appoints Jillian Wolk as CEO

New York: Tracr has announced the appointment of Jillian Wolk as Chief Executive Officer, effective 1 May 2026. Ms. Jillian joins Tracr following senior leadership roles across the jewellery, luxury and technology sectors. Most recently, she served as Vice President, Growth & Strategic Initiatives at GIA, where she developed new services and drove diversified revenue, strengthened commercial strategy, and supported

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IIGJ Presents Glimpz’26 Annual Award Ceremony

Mumbai: The Indian Institute of Gems & Jewellery (IIGJ) presented Glimpz’26, its annual exhibition and awards ceremony showcasing the graduating batch of B.A. in Gems & Jewellery Design (2023–26).Held at the Bharat Ratnam – Mega CFC Auditorium, the event brought together industry leaders, mentors, and emerging design talent on a common platform—celebrating creativity, craftsmanship, and the future of Indian jewellery.

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India’s Gold Imports Down by 14% in FY 2020

Mumbai: Gold imports into India fell by 14.23% in value terms during FY2019-20 to US$ 28.2 billion, news agency PTI reported, quoting statistics released by the Ministry of Commerce. During FY2018-19, the country’s imports of the yellow metal stood at US$32.91 billion, the report added. Growth in gold imports turned negative during the last four months of the fiscal, PTI

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Yoram Dvash Elected Acting President of WFDB

Antwerp: Mr. Yoram Dvash, President of the Israel Diamond Bourse, was yesterday unanimously elected as the Acting President of the World Federation of Diamond Bourses (WFDB). “The diamond industry like all other industries is going through a very difficult time due to the coronavirus pandemic that has struck so much devastation in human, as well as business terms, across the

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No Quarterly Index for Fancy Color Diamonds

New York: Due to the COVID-19 pandemic, for the first time since its inception in 2015, the Fancy Color Research Foundation (FCRF) will not publish the Fancy Color Diamond Index (FCDI) for Q1 2020. The FCRF had concluded the quarterly data collection process from its data suppliers and learned that the volume of transactions conducted in this quarter was not

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PGI to Address Changing Needs of Consumers: Vaishali Banerjee

Mumbai: As coronavirus fears continue to rattle markets worldwide, there is the potential for the impact of the virus to reduce platinum demand if it is not contained within months. The demand for platinum jewellery in India could weaken in the following months amid the global onslaught of Covid-19. Platinum market in India has witnessed consistent growth on the back

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