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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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

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ALROSA Triples Its Net Profit

Moscow: ALROSA disclosed its financial results for the third quarter and nine months of 2016 in line with the International Financial Reporting Standards (IFRS). ALROSA’s 9M 2016 revenue increased by 48% y-o-y and totalled RUB 255.6 bn. The Company’s EBITDA grew by 67% y-o-y to RUB 150.0 bn, with EBITDA margin totalling 59%. The miner’s net income and free cash

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India Elected Vice Chair of KP for 2018

Dubai: The Kimberley Process (KP) Plenary held in UAE this week concluded with the announcement that it has appointed the European Union (EU) as its Chair for 2018. The EU will assume responsibility as KP Vice Chair in 2017 with Australia as Chair, and India will be the Vice Chair in 2018 when EU becomes the organisation’s Chair. Consequently, in

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Gitanjali Loses SEZ Project in Maharashtra

Mumbai: The Government of Maharashtra has approved the cancellation of Gitanjali Gems’ special economic zone (SEZ) project in Maharashtra. The decision regarding this was taken by the Board of Approval (BoA), headed by Commerce Secretary Rita Teaotia, on its November 9 meeting, an official said. “The cancellation, however, is subject to the development commissioner furnishing a certificate that the developer

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GJS April 2026 Concludes on a High Note

Mumbai: 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show”, held at the Jio World Convention Centre, Mumbai, concluded with a great success, announced the All India Gem & Jewellery Domestic Council (GJC). The four-day extravaganza, inaugurated on 4th April by Mr. Chandrashekhar Bawankule, Minister of Revenue, Maharashtra, witnessed overwhelming participation from across the

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NDC Celebrates First-Ever ‘World Diamond Day’

Mumbai: Jewellery has always held a deeply personal place in people’s hearts and natural diamonds remain its most powerful expression. Every natural diamond carries within it a story of love, milestones, heritage and personal triumphs. On the first-ever World Diamond Day, these stories took centre stage, as people across the country came together to celebrate the meaning and emotion behind

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BDB Celebrates the ‘World Diamond Day’

Mumbai: A fitting tribute to the “World Diamond Day” launched by Natural Diamond Council (NDC) was celebrated in Bharat Diamond Bourse (BDB) on 8th of April with much fanfare. History of diamonds, from evolution to the present day was depicted through huge panels bearing pictures and descriptions of the respective eras. Images and educational text showed the important partner countries involved

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Akshay Kala-The Eternal Art: GJS Opens 4th April

Mumbai: All India Gem & Jewellery Domestic Council (GJC) proudly announces the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” Scheduled from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai, this premium B2B exhibition will celebrate timeless craftsmanship and innovation under the theme “Akshay Kala: The

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