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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Hong Kong Diamond Trade Advances in 1Q

Hog Kong: Hong Kong’s polished diamond trading rose in the first quarter as the municipality imported more stones and at a higher average price. Inbound polished shipments jumped 11% to $4.71 billion during the three months that ended March 31, according to data recently published by the Diamond Federation of Hong Kong, China. By weight, polished imports increased 3.4% to

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KP Takes Step Forward at Meeting in Perth: WDC

Perth: The World Diamond Council (WDC) said that Kimberley Process Certification Scheme (KPCS) members took significant steps forward on many issues concerning the rough diamond pipeline at the KP’s annual Intersessional meeting held in Perth, Australia. For the second consecutive year, the WDC also held an Observers Forum alongside the KP Intersessional meeting where WDC members, the African Diamond Producers

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US Jewellers Welcome ‘Tax-Fairness’ Bills

New York: Jewelers of America (JA), a jewellery retail representative body, has hailed the advancement of two tax bills that it says would put online retailers on an equal footing with their brick-and-mortar counterparts. The two pieces of legislation — the Remote Transactions Parity Act (RTPA) and the Marketplace Fairness Act (MFA) — were recently reintroduced in Congress, the former

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GJEPC Makes Presentation on Indo-ASEAN G&J Sector

Mumbai: GJEPC representatives recently made a presentation on issues related to the G&J trade between India and ASEAN countries before a Department Related Parliamentary Standing Committee on Commerce, putting forward recommendations on tariffs and other related matters. After giving an overview of the growth of the Indian industry and its contribution to the country’s export basket as well as a

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IGM Appoints Nirakar Chand as MD of BullionX

Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and

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CIBJO Unveils Artworks of Reena Ahluwalia Celebrating Centenary Year

Vicenza: As a highlight of the opening day of the 2026 CIBJO Congress, that began on the 4th September, 2026 in Vicenza (Italy), two dedicated creations by the noted Canadian visual artist Reena Ahluwalia, celebrating the Centenary Year of the World Jewellery Confederation (WDC) were unveiled. Both creations were donated to the collection of the Museo del Gioiello –the jewellery

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Senco Gold with Olocker Provide Jewellery Insurance

Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —

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CIBJO Centenary Congress Calls for Standards, Sustainability & Consumer Confidence

Vicenza: The 2026 CIBJO Centenary Congress opened in Vicenza with welcome addresses from Italian government and industry leaders, who congratulated the World Jewellery Confederation on its first 100 years and highlighted the importance of standards, sustainability and consumer confidence to the global gems and jewellery industry. The congress, being held at the Fiera di Vicenza during the VICENZAORO jewellery show,

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