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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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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
Tiffany Loses Appeal on $450M Swatch Ruling
Amsterdam: A Dutch court this week upheld a 2013 ruling ordering Tiffany & Co. to pay Swatch Group $450 million (CHF 402.7 million) in damages from their failed joint watch venture, Tiffany reported. The two companies established a partnership in December 2007 to produce and market watches under the Tiffany brand, but the deal ended in a bitter and expensive
Guangzhou Exchange Holds Inaugural Rough Sale
Beijing: The Guangzhou Diamond Exchange (GZDE) held its first sale of rough diamonds this month, noting strong demand for goods listed on its online platform. Diamonds were sourced from unnamed international suppliers and sold via three platforms: direct negotiation, allocated supply and an online auction, the exchange said Thursday. The introduction of rough sales at the exchange gives local dealers
GJF Expects 20-30% Sales-Growth on Akshaya Tritiya
Mumbai: The All India Gems and Jewellery Trade Federation (GJF) expects robust sales this Akshaya Tritiya (April 28) across India. Consumer demand is expected to be strong due to the wedding season and traditional custom to buy gold on the occasion of Akshaya Tritiya. Mr. Nitin Khandelwal, Chairman, GJF, said, “As a custom and tradition in India, people buy jewellery
Empower Africa to Host 9th Peace Diamond Trade Mission
Freetown (Sierra Leone): Empower Africa will welcome an international delegation of diamond and jewelry professionals to Sierra Leone for the 9th Peace Diamond Trade Mission, October 11–16, 2026, reconnecting the global diamond industry with the people and communities at the source of the natural diamond supply chain. The six-day mission will bring together diamantaires,manufacturers, retailers, designers, traders, mining professionals, investors,
Belgian PM Visited Bharat Diamond Diamond Bourse
Mumbai: Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, yesterday. It marked a historic new milestone in the over 100-year partnership between the diamond industries of the
IIJS Bharat Premiere-the Show that Broke all Records
Mumbai: 42nd edition of IIJS Bharat Premiere 2026, organized by the Gem & Jewellery Export Promotion Counci (GJEPC), concluded in Mumbai on 10th August, the strongest B2B edition in the show’s 25year history. The numbers tell all. Spanning 135,000 sq. metres across the Jio World Convention Centre (JWCC) and the Bombay Exhibition Centre (BEC), the show hosted 2,100+ exhibitors across
IIM Ahmedabad & GJC Continue Landmark Collaboration
Ahmedabad: All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry. This year’s programme, held from 31st August to 3rd September 2026 at
