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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The Imperial Crown of Russia at IDWI

Ramat Gan: A replica of the Great Imperial Crown of the Russian Empire, which was used in the coronations of all Russian monarchs since Catherine the Great, will be exhibited from February 13 – 14, 2017 at the sixth International Diamond Week in Israel (IDWI). The replica of the Crown was created by Kristall – Smolensk, Russia’s leading diamond manufacturer

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Gemfields Production of Emerald Plummets

London: Gemfields PLC on Monday said first half production of emerald and beryl declined heavily from the previous year whilst output of rubies and corundum saw a significant step-up. The company said production from the 75%-owned Kagem mine in Zambia in the first half to the end of 2016 dropped to just 10.7 million carats from 15.7 million carats a

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Botswana Diamonds Funds South Africa Project

Gaborone: Botswana Diamonds has agreed to fund an exploration project in South Africa in return for a 72 percent stake in mine developer Vutomi. As part of the deal, Botswana Diamonds will pay Vutomi a total of $1.2 million (GBP 942,000) in cash, of which $724,269 will be used to fund exploration. Botswana Diamonds will also issue 100 million ordinary

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Gems & Jewellery Sector Seeks Special GST Rates

Mumbai: Mr. G.V. Sreedhar, the outgoing chairman of the All India Gems & Jewellery Trade Federation (GJF) said 1.25%-1.3% is an ideal GST rate for gems and jewellery traders in the country. He averred that his federation would like the GST to be around 1.25%, although the industry demands differ ranging from 5%-18%. He pointed out, “We have been very

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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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India’s Studded Gold Jewellery Export Rises 51.22% 

Mumbai: India’s gem and jewellery exports continued their positive momentum in August 2026, with gross exports increasing 3.14% in US dollar terms and 12.52% in rupee terms year-on-year to US$ 2.30 billion (Rs. 21,945.87 crore), compared to US$ 2.23 billion (Rs. 19,503.52 crore) in August 2025, according to figures declared by Gem & Jewellery Export Promotion Council (GJEPC). A notable

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JGW September Gets 4.5% Jump in Attendance

Hong Kong:  JGW September (Jewellery & Gem World Hong Kong September) wrapped up yesterday shattering post-pandemic records, welcoming 57,632 “unique” buyers during its week-long run across two locations − a 4.5% increase over the previous edition, show organizer Informa Markets announced today. Staged as a massive dual-venue showcase, the B2B event ran from 14 – 18 September at the Asia

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Limira Enters Jewellery Market with E-commerce-only Model

Surat: LIMIRA, a new-age, design-led lab-grown diamond jewellery brand, announced its launch in India with an e-commerce-only model built around design, individuality and storytelling transparency. The brand brings modern diamond jewellery directly to consumers, creating a digital-first experience designed around how consumers increasingly discover, evaluate and purchase jewellery. The launch comes at a time when India’s diamonds and jewellery industry

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