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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JNA Awards to Accept Entries Until May 5

Hong Kong: Industry players have until midnight of May 5 (Hong Kong time) to join the JNA Awards, one of the world’s most prestigious awards in the global jewellery and gemstone sector. Organised by JNA, the annual JNA Awards is set to further advance and propel Asia’s jewellery and gemstone industry by recognising and honouring companies and individuals that have

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Zimbabwe NGO Has Zero Faith in ZCDC

Harare: Zimbabwe NGO Centre for Natural Resource Governance (CNRG) said the Zimbabwe Consolidated Diamond Company (ZCDC) does not have the capacity to mine diamonds from kimberlite sources, reports Rough-Polished, adding that the wholly owned state company set up early last year had no equipment of its own, and would likely turn to foreign investors to develop in Tsvingwe (Penhalonga) in

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Argyle Decline Weighs on Rio Tinto Output

Perth: Rio Tinto’s diamond production fell in the first quarter, as its Argyle mine in Australia yielded a reduced volume and lower grade of ore. Group output dropped 8% year on year to 4.152 million carats for the three month period, with Argyle’s production down 11% to 3.016 million carats, Rio Tinto reported Thursday. Argyle’s operations shifted underground in 2013,

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Narendra Modi Inaugurates HK Hub

Surat: HK HUB, an Ultra-Modern Factory of Hari Krishna Exports Pvt. Ltd., a known and respectable name in the Indian Gem and Jewellery Industry, was inaugurated by Prime Minister of India, Mr. Narendra Modi last week at Surat. Also present at the occasion were Mr. Vijay Rupani- Chief Minister Of Gujarat, Mr. Nitin Patel-Deputy Chief Minister of Gujarat and Mrs.

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Record Gold Prices Continue to Shift Demand Dynamics

Mumbai: The World Gold Council’s (WGC) Q1 2026 Gold Demand Trends report reveals that total quarterly gold demand (including OTC) reached 1,231t, a 2% increase year-on-year. While volumes increased modestly, the value of demand surged to a record US$193bn, up 74% year-on-year. Around the world, retail investors were drawn to gold’s price momentum and safe-haven appeal,driving bar and coin demand

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NDC Plans Higher Spend for India: Amber Pepper

Mumbai: Ms. Amber Pepper, the newly appointed CEO of the Natural Diamond Council (NDC), signalled a major strategic shift towards the Indian market during a high-level meeting at the Gem & Jewellery Export Promotion Council (GJEPC) head office in Mumbai on 30th April. Accompanied by Ms. Richa Singh, Managing Director for India and the Middle East, NDC, Pepper met with top

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‘Know Your Diamonds-From Basics to Boosting Sales’

Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:

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Size of UK Jewellery Industry to Rise by 2.1%

London: A New research published by 77 Diamonds shows that the size of the United Kingdom (UK) jewellery manufacturing industry is set to increase by 2.1% by the end of 2026, with total market revenue forecast to exceed £1 billion for the first time since 2023. 77 Diamonds has analysed historical data on the estimated annual revenue of the UK

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