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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GIA Opens Service for Melee Analysis

Mumbai: Having completed a five-month pilot programme — launched in June 2016 — for its Melee Analysis Service, GIA is now open to accepting submissions for the same. The institute has announced that clients can now submit round D-to-Z melee-size diamonds for the Melee Analysis Service. “The fully automated system, which rapidly and accurately analyses and sorts diamonds ranging from

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Signature IIJS Rescheduled from 7th to 9th Feb

Mumbai: The 10th edition of Signature-India International Jewellery Show (IIJS) now has been reduced to three days and is rescheduled from 7th to 9th February, 2017, according to information available from the organizer of the show Gem & Jewellery Export Promotion Council (GJEPC). Earlier the show was to be organized from 8th to 11th February, 2017. The 4th Edition of

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RBI Keeps Main Interest Rate Unchanged

New Delhi: Despite the possibility of growth being impacted due to the crippling cash crunch since the currency ban, the Reserve Bank of India (RBI) left the key repo rate unchanged yesterday at 6.25 per cent, to keep inflation in check. The repo rate is the interest rate at which the RBI lends to banks. Most analysts expected a rate

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India’s Diamond Market to be 3rd Largest by 2020

Mumbai: Driving by the booming millennials, the country is on course to become the third largest diamond market by 2020 overtaking Europe and Japan, says a report. Currently, the largest markets for this metal is China, the US, Europe and Japan, and India, and the first two are set to remain so, says a Bain & Company report. “We believe

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JewelStart Industry Innovation Challenge 2026 Launched

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with SINE, IIT Bombay, has launched the first edition of the JewelStart Industry Innovation Challenge 2026, a national platform aimed at bringing startup-led innovation into India’s gems and jewellery sector. The challenge invites startups, innovators and technology solution providers to address pressing industry needs across the jewellery value chain,

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CIBJO Warns Against ‘Fraudulent Representatives’

Milan: The World Jewellery Confederation (CIBJO) is issuing an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention yesterday, May 24, 2026, which are similar to other claims reported to us in January of this year, when

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Inputs from GJEPC on GMS & CAD Reduction

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in reference to the meeting held on 22nd May 2026 with key industry associations, to deliberate on measures for reducing the Current Account Deficit (CAD), particularly in the context of gold imports and domestic gold mobilization, is coordinating with its members to formulate some suggestions on Gold Monetization Scheme (GMS) and

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GJEPC Joins Govt Delegation to Canada for CEPA Talks

New Delhi: Union Commerce & Industry Minister Mr. Piyush Goyal is leading a high-level Indian delegation to Canada from 25-27 May to advance discussions on the proposed India-Canada Comprehensive Economic Partnership Agreement (CEPA) and strengthen bilateral trade and investment ties. Mr. Anoop Mehta, Convener – Diamond Panel, GJEPC, is representing the Council as part of the Indian delegation accompanying the

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