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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41st World Diamond Congress Announces Programme

Singapore: The Organising Committee of the 41st World Diamond Congress, to be held July 12-15, 2026, in Singapore, announced its Congress programme. The Congress will include five discussion forums or panels. They are: The World Diamond Congress is the diamond industry’s foremost global gathering, held biennially by the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association

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Lucia Silvestri is the Chief Guest at Artisan Awards 2026

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has announced 8th April 2026 as the date for the prestigious Artisan Jewellery Design Awards 2026. Official theme of the Award is “Quantum Couture – Re-Engineering Beauty and Cultural Codes.” The GJEPC team declared, “We are honoured to welcome Lucia Silvestri, the creative force behind some of Bvlgari’s most iconic masterpieces,

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NDC Launches World Diamond Day on April 8

Mumbai: The Natural Diamond Council (NDC) introduces World Diamond Day on April 8, 2026, a global movement that brings people together through the stories behind natural diamonds. On this day, everyone is invited to participate, from those who work with diamonds every day to those who wear, gift, or admire them. World Diamond Day is about sharing the personal and

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Winners of the Mega Lucky Draw Announced

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) announced the winners of Mega Lucky Draw on 23rd March, where registered paid visitors won a Mercedes-Benz, Thar, Maruti and many more exciting bumper prizes. The Mega Lucky Draw for paid visitors on the concluding day of the IIJS Bharat Tritiya Show, added a celebratory note to the show, with lucky winners

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Fusion of Online and Offline Will Drive Business

Mumbai: A panel of speakers from different markets across the world who participated in a Webinar organised by The Gem & Jewellery Export Promotion Council (GJEPC) to discuss the “International market scenario & way forward post lockdown” said that the future would see a greater fusion of online and offline sales on both B2B and B2C platforms. The panel comprised

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De Beers Revises Production Guidance for 2020

Gaborone: Providing its quarterly production update for Q1 2020, De Beers said that total production for the period at 7,750,000 carats was virtually flat – only lower by 1% – over the Q1 2019 total production of 7,852,000 carats. “Rough diamond production was in line with prior year at 7.8 million carats, with limited impact from COVID-19 measures introduced at

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WGC Publishes India Retail Investor Insights Report

Mumbai: The World Gold Council’s (WGC) latest India Retail Investor Insights report revealed that 29% of retail investors have never bought gold in the past but are open to the idea of buying gold in the future. 52% of investors already owned some form of gold, with 48% having invested in the 12 months preceding the survey. Gold jewellery and gold coins remained

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India Calls for Ban on Rough Imports for one Month

Mumbai: In a letter signed by Gem and Jewellery Export Promotion Council (GJEPC) Chairman Mr. Pramod Agrawal, President of the Bharat Diamond Bourse (BDB) Mr. Anoop Mehta and Mr. Marendra V Gandhi, President of the Mumbai Diamond Merchants Association (MDMA), the industry organizations are calling on their members to implement a cessation of rough diamond imports for the duration of

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