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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
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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BIS Proposes Compulsory Registration
Mumbai: The Bureau of Indian Standards (BIS) has moved a step closer to mandatory selling of hallmarked jewellery. Two weeks earlier, it issued draft rules which propose compulsory registration for jewellers with BIS, reports Business Standard. Sources say it has been decided that “once jewellers’ registration with BIS is done, the next move will be to mandate that only hallmarked
HK Records 4.7% Rise in Q1 Jewellery Exports
Hong Kong: Exports of jewellery, goldsmiths and silversmiths’ wares in Hong Kong reached HK$45.14 billion (around US$5.8 billion) during the first quarter of 2017, up 4.7 percent from the same period a year ago, the Census and Statistics Department of Hong Kong revealed. Government data also showed a 3.2 percent year-on-year increase in jewellery imports to HK$57.1 billion (around US$7.33
India’s Gems & Jewellery Exports in FY17 Rises 9.85%
Mumbai: India’s Exports of Gems and Jewellery increased 9.85% to USD 43,156.21 mn in FY17 (provisional data in April 2016 to March 2017) vis-a-vis USD 39,244.29 mn in FY16 (April 2015 to March 2016). Gross exports of cut and polished diamonds in FY17 increased to USD 22,783.81 mn witnessed a growth of 10.24% in FY17 as compared to USD 20,667.79
Strategy Expert Joins JNA Awards 2017 Judging Panel
Hong Kong: The JNA Awards, one of the most prestigious and coveted awards in the international jewellery and gemstone industry, has announced that Mark Lee, Research Director of the Asia Pacific Institute for Strategy, is the latest to join the 2017 judging panel. The JNA Awards is known for its transparent, fair and intellectually rigorous judging process. Lee will be
GJEPC Partners with The Leela: Offers Benefits to Members
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has entered into a strategic alliance with The Leela Palaces, Hotels and Resorts to provide exclusive hospitality benefits to its members, marking the Council’s first partnership with a hotel group. The association is designed to support members’ business and personal travel needs, offering special pricing, room upgrades, hotel credits, dining and
India’s G&J Exports Grow 9.43% in September 2026
Mumbai: India’s gem and jewellery (G&J) exports continued their growth trajectory in September 2026, with gross exports rising 9.43% in US dollar terms and 18.24% in rupee terms year-on-year to US$ 2.95 billion (Rs. 28,157.55 crore), compared to US$ 2.70 billion (Rs. 23,813.91 crore) in September 2025. For April–September 2026, India’s gross gem and jewellery exports reached US$ 14.30 billion
Rohit Sharma, Anirudh Ravichander Star in Platinum’s New Campaign
Mumbai: Platinum Guild International (PGI) India unveiled a new campaign for its men’s jewellery brand Men of Platinum, featuring cricketer Rohit Sharma and music composer Anirudh Ravichander. The campaign signals an expansion of the men’s platinum jewellery category, speaking to a wider spectrum of men—from those seeking contemporary, design-led pieces as an expression of personal style to those drawn to
India’s G&J Industry Welcomes GST Reforms
Mumbai: The Indian Gem & Jewellery industry (G&J) expressed its sincere gratitude to India’s Finance Minister Mrs. Nirmala Sitharaman for the landmark GST reform recommendations approved at the 57th GST Council meeting. These progressive recommendations are a significant step towards enhancing ease of doing business, strengthening export competitiveness and creating a more enabling environment for the growth of India’s Gem
