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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GJS-2026 Inaugurated by Mr. Uday Samant 

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly inaugurated the 10th edition of the India Gem & Jewellery Show (GJS 2026 Diwali Edition), celebrated as #HumaraApnaShow—India’s most premium B2B jewellery exhibition—at the iconic Jio World Convention Centre, Mumbai. Inaugurated 2nd October, the show will continue until October 4, 2026, bringing together jewellers, designers, buyers, and industry leaders

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IAGES Brings Together Accredited Gold Ind. Stakeholders at Trust Circle

New Delhi: The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector. The event drew representatives from diverse segments of the gold ecosystem, including refining,

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NGS, De Beers Renew Okavango Eternal Partnership

New York: The National Geographic Society (NGS) and De Beers Group have announced the renewal of the Okavango Eternal partnership for an additional five years, reaffirming their commitment to the long-term protection of the Okavango River Basin (“the Basin”) and to conservation-related livelihood opportunities for the people who live there and help steward it. One of Africa’s most vital wetland

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Anera Silver Opens its First Store in Bengaluru

Bengaluru: Anera Silver by Kushals announced the opening of its first store in Bengaluru’s HSR Layout on 26thSeptember, marking the beginning of an ambitious retail journey for the newly launched jewellery brand. Founded by Kalpesh Gulechha, Anera Silver has been createdwith a clear point of view to build a jewellery destination where design, craftsmanship, collections and the overall experience take

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