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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GJSCI Ties up with IIGJ, JAJ, Jaipur for RPL Program

Mumbai: Gem & Jewellery Skill Council of India (GJSCI), Indian Institute of Gems & Jewellery (IIGJ), Jaipur and Jewellery Association, Jaipur (JAJ) signed a Tri-Party Agreement to train and certify the artisans of Jaipur under the RPL programme Pradhan Mantri Kaushal Vikas Yojana (PMKVY) Scheme. The signing of MoU was witnessed by Mr. Pramod Agrawal of IIGJ – Jaipur, Mr.

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Russian Dy. PM Meets Indian G&J Industry

Mumbai: A high powered Russian delegation led by Yuri Trutnev, Hon’ble Deputy Prime Minister of Russia and Presidential Envoy to the Russian Far East discussed closer collaboration between the gem and jewellery industries of the two countries with representatives of the GJEPC and BDB during a visit to the Bharat Diamond Bourse in Mumbai yesterday. The delegation comprised a number

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Alrosa Posts 41% Jump in Revenue in 2016

Moscow: Alrosa reported a 41-percent jump in revenue to 317.1 billion rubles ($5.4 billion) for 2016 IFRS (International Financial Reporting Standards) results. Meanwhile, net income surged fourfold on the year to 133.5 billion rubles ($2.25 billion) and free cash flow increased threefold to 111.4 billion rubles ($1.9 billion). Igor Kulichik, Alrosa’s Vice President – Chief Financial Officer, said 2016 was

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Sarine Brings Surat Business Under One Roof

Surat: Sarine Technologies has united all its Surat-based operations in one building in the Indian diamond-manufacturing city. The new six-story facility, Sarin House, spans a total of 5,100 square meters and houses about 400 staff members, the Israel-based supplier of diamond-processing technology said. The building – wholly owned by the company’s Indian subsidiary, Sarin India – will house customer care

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Sky Gold & Diamonds Acquires Purvi Gems

Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is

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‘UNNATI’ to Power Women in G&J Industry

Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI

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QDE Widens its Scope with CIBJO Membership

Doha: The Qatar Diamond Exchange (QDE) has been admitted to membership of CIBJO, the World Jewellery Confederation (CIBJO), the international jewellery industry’s principal representative and standards-setting body. QDE joins as a National Association Member, extending the exchange’s international standing beyond the diamond trade into the wider diamond, coloured gemstone and jewellery sector. QDE’s membership was approved in CIBJO’s centenary year.

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GJS-2026 Inaugurated by Mr. Uday Samant 

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly inaugurated the 10th edition of the India Gem & Jewellery Show (GJS 2026 Diwali Edition), celebrated as #HumaraApnaShow—India’s most premium B2B jewellery exhibition—at the iconic Jio World Convention Centre, Mumbai. Inaugurated 2nd October, the show will continue until October 4, 2026, bringing together jewellers, designers, buyers, and industry leaders

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