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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Botswana Vulnerable to Weak Diamond Market

Gaborone: Standard & Poor’s (S&P) maintained its negative outlook for Botswana last week due to the country’s continued reliance on the diamond sector. While diamonds account for approximately 80% of Botswana’s total exports and about one-third of its gross domestic product, the economy remains vulnerable to a weak performance in the sector, the financial-services company said Friday. “The negative outlook

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Fresh Defeat for Zimbabwe in Diamonds Battle

Harare: The state-run Zimbabwe Consolidated Diamond Company (ZCDC) has been barred by the High Court from pillaging diamond ore which belongs to Mbada Diamonds (Pvt) Limited, in a new setback for government’s troubled mining project. Mbada has been granted an interdict stopping the ZCDC — formed last year through a forced merger of Marange Resources, Gye Nyame, Diamond Mining Corporation,

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IIDGR to Roll Out Synthetics-Detection Course

London: A training course for synthetic-diamond detection will launch this spring in the US and India, courtesy of De Beers’ International Institute of Diamond Grading and Research (IIDGR). The two-day course — which aims to show participants how to distinguish lab-grown diamonds from natural ones, rough or polished — will debut in the US during the JCK Las Vegas show

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UAE Taskforce Reaffirms Commitment to KP

Dubai: The UAE continues its deep commitment and involvement in the Kimberley Process (KP), following its tenure as KP Chair in 2016, bringing UAE KP Taskforce members to a meeting at the Almas Tower where the Dubai Diamond Exchange is based, the Dubai Multi Commodities Centre (DMCC) said Set up as a joint initiative between the Ministry of Economy and

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Artisan Jewellery Design Awards ’26 Presented

Mumbai: 9th edition of the Artisan Jewellery Design Awards 2026, organised by the Gem & Jewellery Export Promotion Council (GJEPC) and curated by The Futurist, concluded in Mumbai on April 8, bringing together the finest expressions of creativity, craftsmanship, and innovation in jewellery design. The Artisan Awards 2026 was powered by GIA and supported by the World Gold Council (WGC).

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BDB Collaborates with GIA Alumni Mumbai

Mumbai: The Bharat Diamond Bourse (BDB), recently organized a special address as part of its “Leadership Series.” The session featured Ms. Ali Pastorini, President of the International Jewellers Association MUBRI, and Mr. Sachin Jain, Regional CEO of the World Gold Council (WGC). Ms. Pastorini discussed the growing demand for Indian diamonds and jewellery in Latin America, providing encouraging statistics for

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230+ International Buyers Visit IGJS Jaipur ’26

Jaipur: The International Gem & Jewellery Show (IGJS) Jaipur 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is currently underway in Jaipur from April 9 to 11, 2026, bringing together leading Indian manufacturers and global buyers under one roof. Recognized as a highly curated, business-focused platform, IGJS continues to strengthen India’s position as a preferred sourcing destination

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De Beers Extends Desert Diamonds into Bridal

London: De Beers Group today announced the next chapter of Desert diamonds: an extension of the industry-wide beacon concept into the bridal market, bringing a fresh interpretation of natural diamond engagement and wedding jewellery through a refined spectrum of warm, nature-made hues that reflect enduring love and personal expression. First launched to consumers in 2025 as De Beers Group’s first

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