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

Single Organization for Italian Shows Founded

Rome: Italian Exhibition Group Spa (IEG), the company generated by a merger between Rimini Fiera and Fiera di Vicenza, and Arezzo Fiere e Congressi Srl have signed a strategic agreement creating a single organization for shows involving the gold and jewellery industry. Following the agreement with Arezzo Fiere e Congressi, Italian Exhibition Group, besides organizing the three editions of VICENZAORO

Read More »

Gem Diamonds Receives Neutral Rating

London: Citigroup Inc. reaffirmed their neutral rating on shares of Gem Diamonds Limited in a research report sent to investors on Tuesday morning. The firm currently has a GBX 115 ($1.43) target price on the stock. A number of other research analysts have also weighed in on the company. Panmure Gordon cut their price objective on Gem Diamonds Limited from

Read More »

Platinum Jewellery for Valentine’s Day!

Mumbai: It has been rightly said “True loves comes once in a lifetime and lasts for eternity- Anonymous”, and this ‘true love’ deserves to be commemorated with nothing but the rarest and purest of metals- Platinum. So this Valentine’s Day, celebrate each other and that intimate of bond of togetherness with an enchanting range of pure Platinum Love Bands. The

Read More »

WFDB Presidents Setting up Financial Taskforce

Antwerp: The WFDB will be creating a financial taskforce to follow up on the Finance Seminar held during the 2017 Presidents Meeting, President Mr. Ernie Blom told a press conference at the end of the event on Wednesday at the Bharat Diamond Bourse (BDB). Mr. Blom said that the comprehensive discussion on financing for the diamond industry, along with the

Read More »

CIBJO Pays Tribute to Vasant Mehta

Milan: The World Jewellery Confederation (CIBJO) mourns the passing of Vasant Mehta, a prominent leader of the Indian diamond and jewellery industry, who passed away yesterday at the age 81. A former chairman of the Gem & Jewellery Export Promotion Council (GJEPC), a position he filled from 2008 to 2010 after two terms as vice chairman, he represented the Indian

Read More »

Vasant Mehta, Illustrious Leader of G&J Industry Dies

Mumbai: The Indian gem and jewellery industry has lost one of its most respected statesmen. Vasant Mehta, former Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), passed away today, leaving behind a remarkable legacy built over several decades of dedicated service to the industry. A second-generation diamantaire, Mehta graduated from Calcutta University and moved to Mumbai in 1966,

Read More »

BSM Brazil 2027 Returns to São Paulo with Expanded International Presence

São Paulo, Brazil: Following the remarkable success of its previous editions, Buyer Seller Meeting (BSM Brazil) will return to São Paulo in April 2027, further strengthening its position as Latin America’s premier international B2B event for the diamond, gemstone, jewelry and precious metals industries. Organized with the mission of connecting qualified buyers and leading international suppliers, BSM Brazil 2027 will welcome an even larger number

Read More »

Israel’s Diamond Industry Under Severe Pressure

Mumbai: Israel’s once-prominent diamond industry is facing one of the most difficult periods in its history, with veteran traders reportedly leaving the business and searching for alternative livelihoods. A recent report by Ynetnews has highlighted the depth of the crisis at the Israel Diamond Exchange in Ramat Gan, traditionally one of the world’s important diamond trading centres. According to veteran

Read More »

Latest Videos