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

Read More »

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

Read More »

Top News

De Beers’ Second Cycle Worth $545 Mln.

Gaborone: De Beers sold rough diamonds with a value of $545 million in the second sales cycle (Global Sightholder Sales and Auction Sales) of 2017, indicating ongoing strong demand as the industry restocks. The figure compares with $617 million in the year-earlier sale, and $729 million in the first sale of 2017 held last month. Bruce Cleaver, CEO, De Beers

Read More »

Sergey Ivanov to be New President of ALROSA

Moscow: Russia’s Deputy Prime Minister Yury Trutnev has confirmed that Alrosa President Andrey Zharkov will be replaced by Sergey Ivanov, currently the Senior Vice President of Sberbank. He made the comments to the TASS news agency on the sidelines of the Russian Investment Forum in Sochi on Monday. Trutnev said that Zharkov had submitted a resignation letter and the decision

Read More »

Tiffany Stevens is New President & CEO of JVC

New York: The Jewelers Vigilance Committee (JVC) has appointed Tiffany Stevens as its new president and CEO. She succeeds current president and CEO Cecilia Gardner, who served in this position for 18 years. Stevens will begin on March 6. Stevens is an industry outsider, as Gardner was when she started. She recently served as chief operating officer at the Sohn

Read More »

Marie-Chantal Kaninda is New ED of WDC

New York: The World Diamond Council’s (WDC) Board of Directors has named Marie-Chantal Kaninda as Executive Director effective March 1, 2017. Kaninda replaces Patricia Syvrud, who steps down on February 28. Kaninda brings to the organization over 20 years of industry marketing and stakeholder engagement experience, having worked for companies such as Anglo Gold Ashanti, De Beers and Rio Tinto,

Read More »

WGC Launches ‘Swarnim Udaan 2047’

Mumbai: The World Gold Council (WGC) yesterday released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness.  As

Read More »

IIJS Bharat Premiere 2026 Opens with New FTAs, New Markets

Mumbai: The 42nd edition of IIJS Bharat Premiere opened at the Jio World Convention Centre, Mumbai, today, against the most favourable trade backdrop the Indian gem and jewellery industry has ever known. A succession of free trade agreements — with the UAE, Australia, Oman and the United Kingdom, with the European Union and New Zealand to follow — has redrawn

Read More »

BDB Hosts Presentation on Fluorescence in Natural Diamonds by GIA Experts

Mumbai: In the latest round of Leadership Series talks hosted by Bharat Diamond Bourse (BDB), two senior experts from the Gemological Institute of America (GIA)-Mr. Sriram Natarajan, Senior Vice President, Global Laboratory Operations, GIA, and Dr. Yun Luo, Director, Metrology and Quality Control, GIA, highlighted some of the institute’s latest scientific research into the impact of fluorescence on the appearance of natural

Read More »

INNOV8: Innovative Seminars at IIJS Premiere

Mumbai: The India International Jewellery Show (IIJS) Bharat Premiere 2026, being held by GJEPC between 5th & 10th August at two different venues of Mumbai has, as usual also organized the Innov8, a series of innovative seminar at both the venues. The schedule is given below: Some of the key sessions at BEC Hall 6 include:6 Aug: Luxury Jewellery, Retail

Read More »

Latest Videos