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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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

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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

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IDMA Welcomes New Ladies Executives

New York: International Diamond Manufacturers’ Association (IDMA) has welcomed the newly appointed ladies executives recently appointed in the global diamond sector on different faculties. In its 168th Weekly Newsletter, the IDMA president Mr. Ronnie VanderLinden says, “International Women’s Day was on March 8, already a week ago, but I would like to impress upon our rather somewhat conservative industry, the

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Alrosa Starts Sales of Angolan Diamonds

Moscow: Russia’s top diamond producer Alrosa has sold two batches of diamonds from its Angola-based processing facility of Catoca since the beginning of this year, the company’s Vice President Rinat Gizatulin told TASS. “Since February 2017 our Angolan partners have allowed us to participate in sales. We have already sold two pilot batches of diamonds from the Catoca deposit,” he

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Momentum is Building for Basilia Jewellery & Watch Fair

Basel: Three months after its launch, it is clear that Basilia Jewellery & Watch Fair, organised by Informa Markets and MCH Group, meets a strong need with its gateway trade fair for the jewellery, watch and gemstone industries in Asia and Europe. Strong market demand has already brought exhibitor registrations to 70% of the target for the inaugural edition, which

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Men of Platinum Expands Collection with New Designs 

Mumbai: Platinum Guild International (PGI) India has unveiled a new Men of Platinum collection featuring chains, pendants, bracelets and rings designed for men at different stages of their journey. Endorsed by Rohit Sharma and Anirudh Ravichander in the brand’s new campaign, the collection brings to life a central belief: enduring success is forged through character—the conviction to forge your own

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De Beers and Botswana Extend Partnership with Letsile Tebogo

London: De Beers Group and the Government of the Republic of Botswana today announced the extension of De Beers’ partnership with Olympic champion and Botswana sporting icon Letsile Tebogo. Originally launched in January 2025, when Tebogo was appointed a De Beers Global Ambassador, the partnership has now been expanded into a three-year programme of work between De Beers and the

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Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone

Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at

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