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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TGJTA to Host Inaugural Thailand G&J Fair 2017

Bangkok: The Thai Gem and Jewelry Traders Association (TGJTA) says the inaugural Thailand Gems & Jewelry Fair 2017 will take place from June 15 to 18 at Challenger 1, IMPACT, Muang Thong Thani, Bangkok. “We are certain to see a bigger and better fair than our previous editions this coming June,” said Suttipong Damrongsakul, President of the Thai Gem and

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HRD Opens 1st Centre of Excellence in China

Shanghai: HRD Antwerp today opened its first Centre of Excellence branch in Shanghai, China. The opening took place in the framework of the City of Antwerp’s mission to Seoul and Shanghai, and was held in the presence of the Mayor of Antwerp Bart De Wever and Antwerp’s Alderman for Diamonds Ludo van Campenhout. China is the second most important and

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Zim Seeks to Boost Waning Diamond Industry

Harare: Zimbabwe’s finance minister Patrick Chinamasa said the country should urgently address the “sector issues militating against efficient” production of diamonds. Although he could not spell out the challenges during his 2017 budget presentation, Harare’s decision to merge diamond mining operations in Marange had not yielded intended results. Although the erstwhile Marange diamond mining companies were accused of siphoning revenue,

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Belgian Government Adopts ‘Carat Tax’

Antwerp: The Belgian Parliament has officially adopted the ‘Diamond Regime’, commonly known as the ‘Carat Tax’, as the new fiscal system for the Antwerp diamond industry. The new system stipulates that companies will no longer be taxed on the basis of their profit but on a fixed percentage of their turnover – thereby eliminating complicated discussions with tax authorities about

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India’s G&J Exports Rise 2.44% in April–July 2026

Mumbai: India’s gross gems and jewellery (G&J) exports for the April–July 2026 period stood at US$ 9.17 billion (Rs. 87,078.01 crore), registering 2.44% growth in US Dollar terms and 13.58% growth in Rupee terms over the corresponding period last year, according to figures provided by Gem & Jewellery Export Promotion Council (GJEPC). The growth has been led by value-added segments.

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Russia Plans Europe’s Largest Diamond Cutting Cluster

Moscow: Russia is planning to create the largest cluster of diamond-cutting facilities in Europe, in a move aimed at retaining more value from its stones. The cluster will combine Alrosa’s Kristall cutting plant in Smolensk with facilities in the Republic of Sakha (Yakutia), Russia’s main diamond-producing region. President Vladimir Putin formalized the plan in an executive order signed August 6.

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Sky Gold & Diamonds Unveils Innovative Designs

Mumbai: Sky Gold & Diamonds showcased its strong focus on innovation and design excellence at IIJS Premiere 2026, unveiling a diverse portfolio of products reflecting evolving consumer preferences and market trends. The showcase was attended by Mr. Rajesh Kalyanaraman, Executive Director, Kalyan Jewellers, and Mr. Ba Ramesh, Joint Managing Director, Thangamayil Jewellery Ltd., along with Sky Gold & Diamonds’ Directors

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GJC Announces 15th Edition of National Jewellery Awards

Mumbai:   The All India Gem & Jewellery Domestic Council (GJC) proudly announces the 15th edition of the National Jewellery Awards (NJA’26), India’s most prestigious celebration of excellence in the gem and jewellery industry. Widely regarded as the industry’s highest honour, the National Jewellery Awards recognise and celebrate exceptional achievements in jewellery design, manufacturing, retailing, craftsmanship, innovation, and branding. Entries for NJA 2026

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