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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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

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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

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Tender of Russian Large Stones

Antwerp: I. Hennig Tenders will be tendering a large selection (approximately 250 stones) of large single rough stones (10.80 carats to 183 carats) of Russian origin. Viewings for the tender, to be held in Antwerp from February 15 to 23, are by appointment only. Commenting on the upcoming rough diamond tender, I. Hennig Tenders CEO, David Kuchler said, “We will

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WFDB Presidents to Work Closely With DPA

Mumbai: World Federation of Diamond Bourses (WFDB) President Mr. Ernie Blom said media representatives on Wednesday that the organisation would work in close cooperation with the Diamond Producers Association (DPA) in order to help boost its generic diamond marketing efforts. Mentioning reports that the DPA was looking to boost its annual budget from the current $6 million, he said the

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NGS, De Beers Renew Okavango Eternal Partnership

New York: The National Geographic Society (NGS) and De Beers Group have announced the renewal of the Okavango Eternal partnership for an additional five years, reaffirming their commitment to the long-term protection of the Okavango River Basin (“the Basin”) and to conservation-related livelihood opportunities for the people who live there and help steward it. One of Africa’s most vital wetland

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Anera Silver Opens its First Store in Bengaluru

Bengaluru: Anera Silver by Kushals announced the opening of its first store in Bengaluru’s HSR Layout on 26thSeptember, marking the beginning of an ambitious retail journey for the newly launched jewellery brand. Founded by Kalpesh Gulechha, Anera Silver has been createdwith a clear point of view to build a jewellery destination where design, craftsmanship, collections and the overall experience take

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Natural Diamond Council Becomes ‘The Diamond Collective’

Mumbai: The Natural Diamond Council (NDC) now becomes ‘The Diamond Collective’ unveiling a new global strategy to reconnect natural diamonds with culture, strengthen consumer confidence and drive long-term relevancy. Shaped by new CEO Amber Pepper following six months of consultation with producers, retailers, brands, creatives and consumers, the strategy responds to a fundamental shift in how people discover, value and

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GJEPC Reviews FY2025-26 Performance & Priorities

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) held its 60th Annual General Meeting (AGM) on 23rd September, 2026, at the Bharat Diamond Bourse, Mumbai, in hybrid mode. The meeting was presided over by Mr. Kirit Bhansali, Chairman, GJEPC, in the presence of Mr. Shaunak Parikh, Vice Chairman; Mr. Anil Virani, Convener, Audit & Finance; Mr. Sabyasachi Ray, Executive

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