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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Forevermark India Presents Pink Haze Collection

Mumbai: Highlighting the exquisite brilliance of a diamond, Forevermark India presents a jewellery collection that will trend as the cocktail pieces this wedding season. This delicate-yet-playful collection, coined as the Pink Haze, shines with Forevermark diamonds encased in magical rose gold. The essence of this collection is the ingredient of the diamond which is beautiful, rare and responsibly sourced. It

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50 Indian Exhibitors Participate in Jewellery Arabia

Bahrain:  The Gem & Jewellery Export Promotion Council (GJEPC) is organizing India Pavilion featuring leading names from the Indian gem and jewellery industry at the forthcoming Jewellery Arabia. The largest and most prestigious jewellery exhibition in the Middle East is slated from 22 to 26 November 2016 at the Bahrain International Exhibition and Convention Centre.  India Pavilion which will be

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Platinum Jewellery for Men’s Forays into Lucknow

Lucknow: Randeep Hooda – the award-winning actor, recently launched the platinum jewellery collection for men at Mohan Shyam Kalyan Das Jewellers in Lucknow. The collection includes an elegant mix of designs that spell out sophistication and style. Through the ages, the most discerning of men have preferred platinum when it comes to their jewellery. The metal is a classic reflection

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Demand for Gems & Jewellery to Decline: Ind-Ra

New Delhi: The sudden and abrupt announcement by the government to make the currency notes of INR 500 and INR 1,000 invalid as legal tender from mid night of 8 November is part of the government’s attempt to crack the whip on black money and fake currency, says India Ratings and Research (Ind-Ra). This comes after the disappointing collections made

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GJEPC Urges RBI to Ease Banking Norms to Boost G&J Exports

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has urged the Reserve Bank of India (RBI) to introduce a series of banking and regulatory reforms to strengthen the competitiveness of India’s gem and jewellery (G&J) exports. The Council’s recommendations focus on improving exporters’ access to working capital, reducing compliance bottlenecks, streamlining banking procedures and creating a more facilitative regulatory

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GJEPC Highlights Key Policy Priorities at Meeting with CIM

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) highlighted the industry’s key policy priorities during a meeting chaired by Mr. Piyush Goyal, the Union Minister of Commerce & Industry, with Export Promotion Councils (EPCs) and industry associations in New Delhi on 24 June to review the Export Promotion Mission (EPM). Ashish Borda, Convenor – PMBD, GJEPC, and Sabyasachi

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Thangamayil Jewellery, Receives IAGES Accreditation

Madurai: Gold buyers in Tamil Nadu can now purchase their favourite precious metal with complete trust and transparency from Thangamayil Jewellery Limited (TMJL), one of the most recognized chain of jewellery stores in the state. TMJL has officially received its IAGES accreditation, further cementing its commitment to serve its consumers in the most ethical, responsible and sustainable manner. The Indian

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Russia to Levy 8% Duty on Rough from Sep.

Moscow: The Russian government has announced that it will impose an 8% export duty on rough diamonds weighing between 0.45 carats and 10.8 carats, as well as on special-size diamonds exceeding 10.8 carats, effective September 1, 2026. The new duty will apply to rough diamonds in weight categories that are considered economically viable for domestic cutting and polishing. Russia had

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