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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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Mines to Market Discusses Various Issues on Day-1
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) that is celebrating its Golden Jubilee year, had organised international diamond conference ‘Mines to Market’ on 19th & 20th March in Mumbai. Delivering welcome address, Chairman of GJEPC Mr. Praveenshankar Pandya said, “The event would tackle both opportunities and challenges facing the industry, among them marketing, compliance and finance. He called
CARAT+ Teams with Bond Girl & Rapaport
Antwerp: Organizers of the CARAT+ “Diamond Event” trade show to be held in Antwerp from May 7 – 9 have announced an agreement with “Bond Girl” Caterina Murino (Casino Royale, 2006) to be a guest of honor, and has announced an exclusive media partnership with The Rapaport Group. Murino, playing the sultry Solange Dimitrios, became the 71st member of one
PNG Jewellers’ Silver Jubilee Store in New Jersey
Mumbai: PNG Jewellers has launched its third store in New Jersey, United States of America on 18th March, 2017. The store was inaugurated by Bollywood diva Raveena Tandon in presence of Mr. Saurabh Gadgil – Chairman & Managing Director and other renowned dignitaries. This 4000 sq. ft. spacious showroom located in the heart of the city, showcases exquisite pieces of
43rd IGJ Awards (2016) Distributed by GJEPC
Mumbai: Maharashtra Chief Minister Shri Devendra Fadnavis graced the 43rd India Gem & Jewellery Awards (IGJA 2016) hosted by Gem & Jewellery Export Promotion Council (GJEPC) and powered by GIA to recognise and reward star performers of the Indian gem and jewellery sector. As GJEPC celebrates its golden jubilee year, a total of 50 nomination awards and felicitation awards were
Newly Elected WFDB President Mehul Shah Shares Vision for Industry
Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse (BDB) and newly elected President of World Federation of Diamond Bourses (WFDB) said that he and the WFDB committee led by him will focus on reaffirming the industry’s collective commitment to strengthening consumer confidence, and reinforcing the enduring value of natural diamonds. “We will focus on implementing the shared global vision
Senco Gold Opens Store in Bhubaneshwar
Bhubaneshwar: Senco Gold & Diamonds marked the beginning of the festive season with the grand launch of its flagship Janpath store in Bhubaneswar, inaugurated by actor Ms. Rakul Preet Singh. The occasion brought together festive glamour, timeless craftsmanship and contemporary design, offering customers an early glimpse into the season’s most coveted jewellery trends, from statement natural diamond creations for weddings
Ekati Diamond Mine to Close Following Unsuccessful Sale Process
Toronto: Canada’s Ekati diamond mine is set to cease operations after owner Burgundy Diamond Mines failed to secure a buyer for the asset during a court-supervised sale process. According to documents filed with the Supreme Court of British Columbia, the sale process did not attract any compliant bids, leaving the company without the funding needed to continue operations. Burgundy has
IIJS Bharat Premiere Receives Message from PM
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 42nd edition of IIJS Bharat – Premiere from 5th to 9th August 2026 at Jio Convention Centre, BKC and from 6th to 10th August at the NESCO, Goregaon, Mumbai. On this occasion, India’s Prime Minister Mr. Narendra Modi has sent a special message to the GJEPC wishing the
