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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Platinum Jewelry Takes Center Stage at the Emmy Awards

Mumbai: The 78th Emmy Awards delivered a dazzling showcase of fine jewelry, with platinum featured in many of the evening’s most memorable red carpet looks. Prized for its rarity, enduring strength and naturally luminous white color, platinum provided the ultimate setting for extraordinary diamonds and rare gemstones worn by some of television’s biggest stars. From striking diamond earrings to contemporary

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De Beers Group Science & Technology Showcases SynthDetect 2

London: De Beers Group’s Science & Technology division today revealed SynthDetect 2, the next generation desktop diamond screening instrument. The first SynthDetect instrument and its successor SynthDetect XL – released in 2017 and 2018 respectively – have been among the most successful instruments in De Beers Group’s suite of diamond verification instruments due to their outstanding technical screening functionality and

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Amit Shah Graces 52nd India Gems & Jewellery Awards

Industry’s premier awards bring together national and state leadership, recognising excellence and India’s growing global ambitions Mumbai: In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble

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Gemfields Generates $29.6m from Emerald Auction

London: Gemfields Group Limited announced that its latest commercial-quality emerald auction generated $29.6 million, with every lot sold and the average realized price rising sharply from its previous sale. The auction, held between 24 August and 10 September, achieved $9.72 per carat, compared with $7.46 at the November-December 2025 auction. Total proceeds were also up from $25.4 million despite the volume

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