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

Read More »

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

Read More »

Top News

Shrenuj Sight Suspended, Downs Botswana Ops

Mumbai: Shrenuj & Co., one of India’s largest diamond cutting firms, said its supply arrangement with De Beers has been suspended, and its Botswana operations were scaled back amid continued strain on its liquidity position, according to a report published on Rapaport. “In the recent few months, we have been facing strong headwinds in our business, largely due to external

Read More »

India’s G&J Sector to Grow by 11.26%: TechSci

Mumbai: Growing demand for designer jewelry, favourable government policies, rising disposable income along with formation of free zones to drive India gems and jewelry market through 2021. According to a recently released TechSci Research report, “India Gems and Jewelry Market By Product Type, By Point of Sale, By Organized vs. Unorganized, Competition Forecast and Opportunities, 2011-2021”, gems and jewelry market

Read More »

GJSCI’s RPL-Goldsmith Prog'm Launched in Kolkata

Kolkata: Edujobs Academy launches GJSCI Recognition of Prior Learning (RPL) Goldsmith Program. In the esteem presence of Shri. Sadhan Pande, Minister for Consumer Affairs, Self Help-Group and Self-Employment, Government of India, Smt. Smita Bakshi, member of West Bengal, Legislative Assembly, Government of West Bengal and Shri. Binit Bhatt, C.E.O, GJSCI. The RPL program is an initiative by Gem and Jewellery

Read More »

GJTCI Organized 4th Edition of Excellence Awards

Ahmedabad: With a view to contribute to Vibrant Gujarat- 2017, the gems & Jewellery Trade Council of India (GJTCI) is gearing up with many events to display the uniqueness and unmatched craftsmanship of our Jewellery Industry. GJTCI Excellence Awards is one of them. Going by the success and benefits of previous three Excellence Awards shows,  GJTCI had organized 4th Edition

Read More »

JGA 2026 Opened in Hong Kong

Hong Kong: Nearly 1,100 exhibitors from around 30 countries and regions have gathered at the Hong Kong Convention & Exhibition Centre to showcase their latest collections to international buyers at Jewellery & Gem ASIA Hong Kong (JGA) 2026, which runs until Sunday, June 21, 2026. Organised by Informa Markets Jewellery, Asia’s No.1 mid-year B2B jewellery buying destination brings together two co-located

Read More »

IFSCA Permits GJEPC RCMC Holders to Import Gold, Silver Through IIBX

Mumbai: The International Financial Services Centres Authority (IFSCA), the unified regulator overseeing financial activities in GIFT City, has accepted key recommendations made by the Gem & Jewellery Export Promotion Council (GJEPC), allowing holders of a valid Registration-cum-Membership Certificate (RCMC) to access bullion imports through the India International Bullion Exchange (IIBX). Under a revised circular issued on 15 June 2026, valid

Read More »

A Webinar on IIBX Gold Supply Mechanism

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IIBX, is organizing a webinar on “IIBX Gold Supply Mechanism for GJEPC Members and SEZ Units” on 19th June 2026 to provide insights into the gold procurement framework through the India International Bullion Exchange (IIBX). The webinar is scheduled from 3 pm onwards. Mr. Ashok Kumar Gautam, MD

Read More »

Central Banks Set to Step up Gold Buying over the Next Year

London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also

Read More »

Latest Videos