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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QDE Extends Bourse Network into Europe 

Vicenza: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with Borsa Diamanti d’Italia (Diamond Bourse of Italy), establishing a strategic partnership between the two bourses. The agreement was signed during the CIBJO Centenary Congress, held in Vicenza, Italy, from 4 to 7 September 2026, by Ghanim Nasser Al-Saadi, Director of the Qatar Diamond Exchange, and Luigi

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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

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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

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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

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GJEPC-World Gold Council Felicitate ‘Kohinoors of India’

Mumbai: Celebrating the humane side of the Indian G&J Industry, Gems & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council (WGC) felicitated the real heroes of the Industry for their exemplary Contribution towards Society during COVID-19. This was an event witnessed for the very first time via a Virtual Musical Extravaganza where the spirits & undying

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GJEPC Meets Partners for Enhancing Global Market

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) organised a meeting with its Global Partners on 12th August 2020 to have discussion over widening India’s  global market reach when it comes to exports of gems and jewellery.  Among the 19 participants were the Council’s coordinators for key global markets including USA, Europe, Russia, CIS Middle East, Oceania, Japan and

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India’s G&J Exports Declined by 38% in July 2020

Mumbai: India’s overall gross exports of gems and jewellery (G&J) in the month of July this year declined by around 38% to $1.36 billion, compared to $2.19 billion in July 2019, due to the global economic slowdown caused by the Covid pandemic, as per data provided by Gem and Jewellery Export Promotion Council (GJEPC). For the April-July 2020 period through,

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First Virtual World Diamond Congress from 14th Sept.

Antwerp: The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers’ Association (IDMA) have announced that the next World Diamond Congress will be held in a virtual format on September 14 – 15, 2020. The 39th World Diamond Congress, a biennial gathering of the WFDB and IDMA, was originally planned to be held in Hong Kong in November 2020, but

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