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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Israel Diamond Week NY Invites IWJG Participants

Ramat Gan: The organizers of the fifth Israel Diamond Week in New York are inviting participants in the International Watch & Jewelry Guild Show (IWJG) in New York to take advantage of the proximity in dates to attend the diamond event as well. The Israel Diamond Week, sponsored by the Diamond Dealers Club of New York (DDC) and the Israel

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ALROSA’s Monthly Rough Sales Rise to $435M

Moscow: ALROSA, the world leader in diamond mining, announces rough and polished diamond sales results for September 2016. Rough diamond sales by ALROSA Group in September 2016 amounted to USD 435.1 million. Polished diamond sales over the same period totalled USD 18.9 million. Total rough and polished diamonds sales of ALROSA Group in September 2016 were at USD 454 million.

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We Cannot Rely on Diamonds Forever: Namibia PM

Windhoek: The Namibian government said it is building a new economy for the future as it cannot rely on diamonds forever. Namibia had been mining diamonds since 1908 and its overall mining activity accounts for almost 8 percent of GDP. Prime Minister Saara Kuugongelwa-Amadhila told the visiting KP chairperson Ahmed Bin Sulayem that Namibia was looking into growing several sectors

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Be a Part of Forevermark Circle of Trust

Mumbai: All of us count partners, family and friends amongst our closest bonds that we cherish every day. Celebrate this bond with our Circle of Trust, a radiant selection of bangles that are a symbol of integrity and love. Diamond bangles in particular are more than accessories for women, they are for most women the most treasured cherished and aspired

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New Tariff Puts India’s G&J Exports Under Pressure

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations

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European Natural Diamonds Exempted from US Tariffs

Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner

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De Beers’ Rough Production Rises 88% in Q2 2026

London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during

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Only Natural Diamonds Should be Graded with 4Cs: CIBJO

Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the

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