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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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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
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,
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
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
GJEPC Starts Process to Help Daily Wage Artisans
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) of India has begun the process of identifying those artisans doing daily wage jobs within the industry who are in need of financial assistance during the ongoing lockdown in the country as a result of the current global novel coronavirus pandemic. A database is being prepared electronically with artisans being asked
Nimesh Patel Resigns from De Beers Group
Gaborone: De Beers Group today announced that Nimesh Patel, Chief Financial Officer, will leave the business to join Spirax-Sarco Engineering plc as their new Chief Financial Officer and Executive Director before the end of July. Nimesh joined Anglo American in 2012 as Group Head of Corporate Finance before moving to De Beers Group in 2016 as Chief Financial Officer, joining
GJEPC Donates Rs. 21 Crore to PM-CARES Fund
Mumbai: India’s Gem & Jewellery Export Promotion Council has (GJEPC) decided to contribute Rs. 21 crore to the PM-CARES Fund on behalf of the gem & jewellery trade in India, while pledging its commitment to the welfare of the nation. Announcing the decision of the apex trade body, Pramod Kumar Agrawal, Chairman GJEPC said, “Nation is facing an unprecedented crisis
DMCC Unveils Business Support Package
Dubai: The Dubai Multi-Commodities Centre (DMCC) has announced the roll-out of a special Business Support Package, including discounts and waivers, for both existing and new members, applicable from April 1, 2020. The package is in line with UAE and Dubai Government initiatives to support the national economy and private sector and will help companies navigate the current economic environment, the
