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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Distinguished Women of the G&J industry Honored with Golden Girls Awards

Mumbai: The India Bullion & Jewellers Association Ltd. (IBJA), in association with Heera Zhaveraat, the B2B trade magazine for the global Gem & Jewellery industry, recently hosted the 4th Golden Girls Award (GGA) in Mumbai. The Golden Girls Award (GGA) provided a platform to celebrate and recognize the outstanding accomplishments of women entrepreneurs in the industry, highlighting their persistent dedication

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IAGES Expands Network with 50+Accredited Partners

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a Self-Regulatory Organization (SRO) established by and for the Indian gold industry has achieved the 50 accredited members milestone, reshaping the gold sector to become more consumer-friendly and future-ready. Some of India’s leading gold retailers like Senco Gold & Diamonds, PN Gadgil Jewellers, Kalamandir Jewellers and Waman Hari Pethe Jewellers

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Karnataka Minister Invited as Chief Guest at IIJS Bharat Tritiya

Bengaluru: Mr. M.B. Patil, Hon’ble Minister for Large & Medium Industries, Government of Karnataka, has been invited as Chief Guest for IIJS Bharat Tritiya 2026. The show is scheduled from 21 to 23 March 2026 in Bengaluru at the Bangalore International Exhibition Centre (BIEC). The invitation was extended by Mr. Nirav Bhansali, Co-Convener – National Exhibitions, GJEPC. The meeting was

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Congolese Diamonds Tender Gets 40% Higher Sales

Antwerp: From 16 to 20 February, the Congolese diamond company SACIM SARL organised a particularly successful diamond tender in Antwerp. More than 288,000 carats of rough Congolese diamonds were sold at prices that were on average over 40% higher than those achieved in other, competing diamond trading centres. The result once again underlines Antwerp’s unique position as an international hub for rough diamond trading

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Indian Jewellers Go on 3-Day Strike from Today

Mumbai: All India Gems and Jewellery Trade Federation (GJF), with co-ordination and recommendation from All India Jewellery Associations announced that jewellers including manufacturers, wholesalers and retailers will go for three day closure of their business to protest against the Government’s proposals of imposing one per cent excise duty in jewellery sector. Mr. G V Sreedhar GJF Chairman, said “We are

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De Beers February Sales Rise to $610M

Gaborone: De Beers reported rough diamond sales increased to $610 million in the second cycle of 2016 as demand continued to show signs of improvement. Sales in the first cycle in January were revised to $545 million. The sales figure includes the sight in Gaborone, Botswana, which took place February 22 to 26, as well as auction sales and supply

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India's G&J Industry Unhappy with Union Budget

Mumbai: India’s Finance Minister’s focus for Union Budget 2016-17 was macro-economic stability and fiscal discipline as part of the transformational agenda. It was presented against the backdrop of challenging global headwinds while taking into account India’s status as a bright spot of 7.5%+ growth in a slowing global economy. There are several positive takeaways from the Union Budget and yet

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Budget Delivers ‘Blow’ to India's G&J Sector

New Delhi: Jewellery lovers in India will have to shell out more for the gold and diamond jewellery as the budget has imposed 1% excise duty, which comes as a blow to the gems and jewellery sector which was hoping for a cut in import duty on gold from 10% to 2%. The India Bullion & Jewellery Association (IBJA) fears

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