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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“Diamonds Do Good” Awards in Las Vegas

New York: The Diamond Empowerment Fund (D.E.F) announced a powerful program for its “Diamonds Do Good” Awards gala set for June 4 at the Four Seasons Ballroom in Las Vegas. Iconic retailer Helzberg Diamonds will receive the Corporate Legacy of Philanthropy Award, Mrs. Graça Machel Mandela, former first lady of both Mozambique and South Africa will receive the first-ever “Diamonds

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Registration for CIBJO Congress 2017 Opens

Milan: Registration for the 2017 congress of CIBJO, the World Jewellery Confederation, is now open. Delegates and other participants may register for the congress, as well as book hotel rooms, via a dedicated congress website located at:  http://www.cibjo.org/congress2017. The 2017 CIBJO Congress will take place in Bangkok, Thailand, November 5-7, 2017, with pre-congress meetings beginning on November 2. The World

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Gold Imports Fall By 35.45% in Ahmedabad

Ahmedabad: Gold imports in Ahmedabad declined in April. According to data from the Ahmedabad Air Cargo Complex, gold imports in April fell by 35.45% from March. Last month, 7.39 metric tonnes of yellow material was imported against 11.45 metric tonnes in March; this despite the fact that gold jewellery market was buoyant owing to Akshaya Tritiya last week. On the

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GST Fear Grips India's Gem Exporters

Mumbai: Political uncertainty in Europe coupled with the fear that the government will bring gem and jewellery exports and imports under GST are worrying exporters, even though the overall exports in FY17 have risen by 9.85% over FY16. In value terms, total exports of gem and jewellery stood at $43.15 billion in FY17 compared with $39.24 billion in FY16, reports

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NDC Welcomes GJEPC Membership

Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second

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Sky Gold & Diamonds Delivers Robust FY26 Performance

Mumbai: Sky Gold & Diamonds, a leading gold manufacturing company and a key partner to retail chains such as Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds, has declared its Q4 & FY26 Results. The company has reported a robust FY26 performance with consolidated revenue rising 77.4% YoY to ₹6,295 crore and PAT increasing 112.4% YoY to ₹282 crore, supported by strong execution, improving margins and operational

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JewelStart Industry Innovation Challenge 2026 Launched

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with SINE, IIT Bombay, has launched the first edition of the JewelStart Industry Innovation Challenge 2026, a national platform aimed at bringing startup-led innovation into India’s gems and jewellery sector. The challenge invites startups, innovators and technology solution providers to address pressing industry needs across the jewellery value chain,

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CIBJO Warns Against ‘Fraudulent Representatives’

Milan: The World Jewellery Confederation (CIBJO) is issuing an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention yesterday, May 24, 2026, which are similar to other claims reported to us in January of this year, when

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