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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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Diamond Conference Mines to Market Concludes
Mumbai: The two-day long International Diamond Conference Mines to Market organised by The Gem & Jewellery Export Promotion Council (GJEPC) as part of its 50th anniversary celebrations concluded in Mumbai on Monday after intense discussions spanning an extensive spectrum of issues related to the different stages of the pipeline. Summing up the two-day event, which included a Gala Dinner addressed
DPA’s India Campaign to Unveil in IIJS 2017
Mumbai: The first ever generic diamond promotion campaign in over a decade launched by the Diamond Producers Association (DPA) in 2016, and the organisation’s plans to drive demand for diamonds especially among the millennial consumers, occupied centre stage at the session on Marketing during Day 2 of the GJEPC’s Mines to Market conference in Mumbai. The audience welcomed the announcement
Om Jewellers Launches Forevermark in Mulund
Mumbai: OM Jewellers strengthened its partnership with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at its store in Mulund (W). Celebrating the launch, Bollywood actress Prachi Desai unveiled OM Jewellers’ exclusive collection crafted with beautiful Forevermark diamonds. Wearing stunning Forevermark jewellery she said, “Diamonds are every girl’s best friend and when that
SSEF Launches Pearlscan
Basel: The Swiss Gemmological Institute SSEF is introducing to the market a new system for scanning both single and multi-strand pearl necklaces. Called PearlScan®, it can count large quantities of pearls on strands, and measure their dimensions. Consisting of an A4 scanner, computer and proprietary software, the system offers the pearl industry a new and efficient way of documenting pearl
Platinum Jewelry Takes Center Stage at the Emmy Awards
Mumbai: The 78th Emmy Awards delivered a dazzling showcase of fine jewelry, with platinum featured in many of the evening’s most memorable red carpet looks. Prized for its rarity, enduring strength and naturally luminous white color, platinum provided the ultimate setting for extraordinary diamonds and rare gemstones worn by some of television’s biggest stars. From striking diamond earrings to contemporary
De Beers Group Science & Technology Showcases SynthDetect 2
London: De Beers Group’s Science & Technology division today revealed SynthDetect 2, the next generation desktop diamond screening instrument. The first SynthDetect instrument and its successor SynthDetect XL – released in 2017 and 2018 respectively – have been among the most successful instruments in De Beers Group’s suite of diamond verification instruments due to their outstanding technical screening functionality and
Amit Shah Graces 52nd India Gems & Jewellery Awards
Industry’s premier awards bring together national and state leadership, recognising excellence and India’s growing global ambitions Mumbai: In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble
Gemfields Generates $29.6m from Emerald Auction
London: Gemfields Group Limited announced that its latest commercial-quality emerald auction generated $29.6 million, with every lot sold and the average realized price rising sharply from its previous sale. The auction, held between 24 August and 10 September, achieved $9.72 per carat, compared with $7.46 at the November-December 2025 auction. Total proceeds were also up from $25.4 million despite the volume
