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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IDWI to Feature Eight Tenders of Polished & Rough

Ramat Gan: The sixth International Diamond Week in Israel (IDWI), February 13 – 16, 2017, will feature a full eight tenders of rough and polished diamonds by major diamond producers and suppliers. The tenders will take place under the auspices of the Israel Diamond Exchange (IDE) International Tender Center, which will be officially launched during the event. During IDWI, I.

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De Beers Opens First Store in New York

New York: De Beers Diamond Jewellers unveiled its flagship New York store, in which it features rough diamonds to give customers a better sense of the finished product’s origin. To mark the occasion, the jewelry retailer displayed a 109-carat, type-IIa rough diamond at the store, which covers 200 square meters on Manhattan’s Madison Avenue. “To have a beautiful polished diamond

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India’s Gold Imports Go up in November

Mumbai: India’s gold import in November was the highest in this calendar year, due to a sharp increase in demand from bullion dealers and stockists. Trade sources estimate import at 100 tonnes, as compared to 98 tonnes in the same month last year and 84 tonnes in October, reports Business Standard. Dealers and stockists were anticipating a sharp rise in

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Massive Diamond Boosts Lucara’s 2016 Sales

Toronto: Lucara Diamond Corp. expects revenue to hit $295 million in 2016, implying a 32 percent surge from a year ago, following the sale of the most expensive rough diamond in history. The Canada-based miner sold the 813-carat Constellation diamond for a record $63.1 million, or $77,649 per carat, to Dubai-based Nemesis International in May. Full-year revenue including that stone

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Platinum Jewellery Shines at Golden Glob Awards

Mumbai: Platinum jewelry played a defining role in many of the most memorable red-carpet looks at the 83rd Annual Golden Globe Awards. Chosen for its naturally white luster, exceptional strength, and ability to securely showcase diamonds and colored gemstones, platinum once again proved why it remains the foundation of fine jewelry at the world’s top awards shows. Celebrities and their

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Forevermark Diamond Jewellery Opens Store in Mumbai

Mumbai: Forevermark Diamond Jewellery marked a defining milestone in its India journey with the grand opening of the world’s largest flagship store by De Beers Group in Mumbai. Located at Crest Link, Khar West, at the heart of Linking Road, the nearly 5,000 sq. ft. store reflects the brand’s long-term commitment to Indian consumers seeking meaningful, design-led luxury. The marquee

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JewelStart to Elivate India’s Role as “Jeweller to the World”

Mumbai: IIJS Bharat Signature 2026 witnessed a defining moment for India’s gem and jewellery industry with the launch of JewelStart, GJEPC’s first dedicated incubation and acceleration platform for gems, jewellery and allied startups. Unveiled at the show in Mumbai, JewelStart signals a deliberate move to embed structured innovation, entrepreneurship and technology-led problem solving into the industry’s growth story. Conceived as

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Platinum Jewellery Continues to Show Sustained Momentum: Vaishali Banerjee

Mumbai (By Suresh Chotai): India’s platinum jewellery sector delivered a strong performance in 2025, supported by robust consumer demand, innovative product lines, and the metal’s attractive pricing compared to gold. Despite global headwinds and periodic market volatility, domestic retail sales and exports recorded healthy growth, positioning platinum as a compelling choice for modern Indian consumers. According to industry estimates, platinum

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