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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Ranbir Kapoor Joins PNG Jewellers as New Ambassador

Mumbai: PNG Jewellers, one of India’s most revered jewellery houses with a legacy dating back to 1832, announces Bollywood icon Ranbir Kapoor as its new brand ambassador. With his effortless blend of heritage, credibility and contemporary appeal, Ranbir Kapoor marks an exciting new chapter in PNG Jewellers’ journey as the brand strengthens its national presence. Founded in Maharashtra and now

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CIBJO Warns About Non-Authorized Individuals

Mumbai: The World Jewellery Confederation (CIBJO) has issued 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 on January 22, 2026, by a business person in India, who had been approached by an organization identifying itself

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Industry Leaders’ Expectations from the Budget

Mumbai: The India Union Budget 2026-27 is expected to be presented on 1 February 2026 as India’s economy is forecast to expand by 7–7.5%, driven by resilient consumer spending, infrastructure upgrades, and ongoing policy initiatives. However India’s Gems and Jewellery sector (G&J) still needs some buster doze to bring it back on the track. We have received some feedbacks from

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NDC Welcomes its New Members

Mumbai: The Board of Natural Diamond Council (NDC) is delighted to announce that Angola’s ENDIAMA E.P. and SODIAM E.P. have formally joined the organization as members, following the completion of all legal and regulatory requirements for accession. ENDIAMA E.P. – Empresa Nacional de Diamantes de Angola (National Diamond Company of Angola) is Angola’s state-owned diamond mining company, responsible for managing

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GJEPC Hosts “Vanijya Utsav” Export Conclave

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) hosts “Vanijya Utsav”, an export conclave happening on the 21st and 22nd September in Mumbai. It was inaugurated by Mr. Raosaheb Patil Danve, Hon’ble Minister of State (Railways, Coal & Mining), Govt. of India; Mr. Subhashji Desai, Hon’ble Minister of Industries, Mining & Marathi Language, Govt. of Maharashtra; Mrs. Aditi Tatkare,

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WDC Launches Upgraded System of Warranties

New York: The World Diamond Council (WDC) has marked the 40th anniversary of the United Nations 2021 International Day of Peace with the official public launch of its Upgraded System of Warranties (SoW). WDC President Edward Asscher said, “For the International Day of Peace 2021, the United Nations set the theme for ‘recovering better for an equitable and sustainable world,’

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KP Plenary 2021 to be Held in Hybrid Format

Moscow: The Kimberley Process (KP) Plenary meeting from 8th-12th November 2021 will have a hybrid format, according to the Russian Federation, the current KP Chair. The Plenary will take place both online and in-person – for those who will be able to visit Moscow (subject to national Covid-19 restrictions and quarantine rules applied when entering Russia). Russia’s Ministry of Finance

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Networking Dinner at IIJS Premiere

Bengaluru: The India International Jewellery Show (IIJS Premiere) 2021 recently concluded with a great success note. The show which is a primary platform for Indian jewellery manufacturers, hosted the industry’s biggest gathering of domestic and overseas buyers and retailers, enabling them with key insights into changing demand trends along with versatile jewellery crafted with highest standards of design and finish. The

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