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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IDE Invites Diamond Tech Co.s to Take Part in IDWI

Ramat Gan: The Israel Diamond Exchange (IDE) is reaching out to diamond technology companies around the world to invite them to exhibit at DiamTech, which will take place during the International Diamond Week (IDWI) from February 13 – 16, 2017. As in past years, at DiamTech, technology companies and high-tech service providers will be able to present their latest innovations

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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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Comprehensive Discussion on Govt. G&J Policy

Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive

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Piyush Goyal Inaugurates NEST 2 at SEEPZ

Mumbai: India’s Commerce and Industry Minister Mr. Piyush Goyal unveiled the NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) yesterday, calling for stronger partnership between industry and the government to boost efficiency, transparency, and skilling. Speaking at the event, Mr. Goyal said SEEPZ must mirror the rapid economic growth witnessed under

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Mehul Choksi’s Extradition is Cleared by Belgium

Mumbai: Belgium’s top court has dismissed fugitive diamantaire Mehul Choksi’s appeal against his arrest in Antwerp, which was made on the basis of an extradition request from New Delhi, according to people familiar with the matter. The Belgian Court of Cassation — equivalent to India’s Supreme Court — heard Choksi’s plea in Brussels on Tuesday and ruled in favour of

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Mumbai: Gemfields has announced revenue of $25.4 million from its November–December auction of commercial-quality rough emeralds, marking one of the company’s strongest sales performances of the year despite earlier disruptions at the Kagem mine in Zambia. Held via private viewings in Jaipur, India, followed by an online sealed-bid process, the auction offered 46 lots of rough emeralds. Of these, 45

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