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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Recent Auctions Underscore Colored Diamond Interest

Toronto: Diamonds, especially the fancy colored stones – continue to hold investors in thrall, and auction houses are ensuring the fascination endures with sales featuring some stunning selections. The market for diamonds continues on its upward trajectory,” said Michael King, Director of Trading for Paragon International Wealth Management. “And it’s not just the beauty and unusualness of many of the

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De Beers Canada Receives 2 National Safety Awards

Toronto: De Beers Canada received two prestigious national safety awards at the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) annual convention awards gala on May 1. De Beers Victor Mine received its second consecutive national John T. Ryan Award in the select mines category for having the lowest accident frequency rate during 2016. Gahcho Kué Mine received the 2017 Hatch-CIM

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China Protests Taiwanese Delegation at KP Meet

Perth: The opening day of the May 1-4 Kimberley Process Intersessional Meeting in Perth was noisily disrupted by the Chinese delegation which was upset by the presence of the Taiwanese group. Following the disruption, which was described as “extraordinary”, Australia complained to China’s ambassador to the country. One high-level Australian attendee told the BBC: “It was disgusting.” China regards Taiwan

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Industry Close to Tracking 'Fingerprint for Stones'

New York: Artisanal diamond miners, such as this one in Brazil, are the main cause of conflict diamonds entering the supply chain, according to the WDC. A scientific solution for identifying and eradicating “blood diamonds” from the global supply chain could exist within a matter of years, the afr.com portal says, as the industry is put under increasing pressure by

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WGC Unveils New Chapter of ‘The Moment is Gold’ 

The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold

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JGTD to Open from 27th October

Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring

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Indian Leaders Elected to the CIBJO Board of Directors

Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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