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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Botswana Says No to Open Details of Deal

Gaborone: Botswana has defended its silence on “mega” diamond mining deals saying that “no country signs transparent agreements”. Reuters recently quoted World Bank Group consultant Nils Handler as saying that government’s decision to keep the negotiation process around contracts for diamond mining and large integrated projects confidential was a cause for concern. He said a more open process, including published

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De Beers Announces Polished Auctions

Gaborone: De Beers Group today announced its Auction Sales business will pilot the sale of its own polished diamonds using auctions for the first time. The sale will comprise a wide range of polished stones manufactured directly from its rough diamonds. The polished diamonds are available following contract manufacturing of De Beers Auction Sales rough diamond products to assess what

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World Diamond Mark to Hold JCK Talks

Hong Kong: The World Diamond Mark Foundation (WDM) will hold a Keynote Talk in Las Vegas, at JCK LUXURY, on June 4th at Tradewinds C/D, Pool Level of Mandalay Bay, to launch Part of You™, its global diamond retailer promotion campaign and its brand-new B2C website www.passion.diamonds. The event is a must-attend talk for retail jewellers who wish to understand

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GJF’s PMI – Regional Networking Meet in Delhi

New Delhi: All India Gem and Jewellery Trade Federation (GJF) organises the 6th show of the 3rd edition of the PREFERRED MANUFACTURER OF INDIA (PMI) Regional Networking Meet at a glittering ceremony from 17th May to 19th May, 2017 at The Leela Ambience & Convention Hotel, 1 CBD, Maharaja Surajmal Road, Near Yamuna Sports Complex, Delhi 110 032. This is

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Natural Diamond Council Becomes ‘The Diamond Collective’

Mumbai: The Natural Diamond Council (NDC) now becomes ‘The Diamond Collective’ unveiling a new global strategy to reconnect natural diamonds with culture, strengthen consumer confidence and drive long-term relevancy. Shaped by new CEO Amber Pepper following six months of consultation with producers, retailers, brands, creatives and consumers, the strategy responds to a fundamental shift in how people discover, value and

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GJEPC Reviews FY2025-26 Performance & Priorities

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) held its 60th Annual General Meeting (AGM) on 23rd September, 2026, at the Bharat Diamond Bourse, Mumbai, in hybrid mode. The meeting was presided over by Mr. Kirit Bhansali, Chairman, GJEPC, in the presence of Mr. Shaunak Parikh, Vice Chairman; Mr. Anil Virani, Convener, Audit & Finance; Mr. Sabyasachi Ray, Executive

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India’s Studded Gold Jewellery Export Rises 51.22% 

Mumbai: India’s gem and jewellery exports continued their positive momentum in August 2026, with gross exports increasing 3.14% in US dollar terms and 12.52% in rupee terms year-on-year to US$ 2.30 billion (Rs. 21,945.87 crore), compared to US$ 2.23 billion (Rs. 19,503.52 crore) in August 2025, according to figures declared by Gem & Jewellery Export Promotion Council (GJEPC). A notable

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JGW September Gets 4.5% Jump in Attendance

Hong Kong:  JGW September (Jewellery & Gem World Hong Kong September) wrapped up yesterday shattering post-pandemic records, welcoming 57,632 “unique” buyers during its week-long run across two locations − a 4.5% increase over the previous edition, show organizer Informa Markets announced today. Staged as a massive dual-venue showcase, the B2B event ran from 14 – 18 September at the Asia

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