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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De Beers Pioneers Research on Carbon-Neutral Mining

Gaborone: De Beers Group announced it is leading a ground-breaking research project that aims to deliver carbon-neutral mining at some of the company’s operations in as few as five years. The company’s scientists are working in close collaboration with a team of internationally-renowned scientists to investigate the potential to store large volumes of carbon at its diamond mines through the

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China’s Jewellery Industry Adapts to Market Changes

Beijing: China’s gold jewellery industry is “keen and determined” to adapt to challenges arising from macroeconomic uncertainties and changes in consumer preferences, according to the World Gold Council (WGC). According to WGC’s Gold Demand Trends Q1 2017, gold jewellery demand in China dropped 2 percent to 176.5 tonnes in the first quarter of 2017 from 179.2 tonnes in the same

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GJEPC Makes Presentation at KP Meet

Perth: At a presentation made to the ‘Special Forum on Diamond Equity’ held at the ongoing KP Intersessional Meet in Perth, GJEPC’s Diamond Panel Convener Sanjay Shah has stressed boosting consumer demand for diamonds will only be possible through developing a ‘clean and transparent’ diamond trade, adequately financed generic promotion campaigns and clear differentiation between the synthetic and natural diamond

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DiamondCorp Hands Control to Administrators

London: Junior miner DiamondCorp has turned to administrators after flooding at its Lace mine in South Africa last year forced it to shut down the operation. The board looked into all options to keep DiamondCorp afloat since appointing a business-rescue practitioner in November, the company explained in a recent statement. However, management could not finalize an agreement with either bond

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India-UK BSM 2026 kicks off in London

London: With the India–UK Free Trade Agreement (FTA) set to come into force on 15 July 2026, India’s Gem & Jewellery Export Promotion Council (GJEPC) has brought together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers for two days of focused business meetings at the Arsenal Executive Box, Emirates Stadium, London. The event marks another significant step

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Forevermark Presents ICON Bracelet Inspired by Abhishek Shama

Mumbai: Forevermark Diamond Jewellery gifted a bespoke ICON bracelet for ace Indian cricketer Abhishek Sharma, a culmination of sports, design & inspiration. The bracelet was designed in association with the cricketer and reimagines the brand’s most recognizable symbol, The North Star- as a bold, contemporary jewellery design.  Set in 18 carat white gold, delicate pavé diamond links connect each ICON element, adding brilliance and refinement throughout.The continuous sequence of icons across the bracelet symbolizes excellence, consistency and enduring value, qualities that reflect

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CIBJO Publishes 2nd Pre-Congress Special Report 

Milan: With fewer than nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the second of the pre-congress Special Reports has been released. Prepared by the CIBJO Marketing and Education Commission, headed by Jonathan Kendall, the report details the establishment of the International Fine Jewellery Academy (IFJA), one of the

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