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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Lala Jugal Kishore Jewellers Ties with Forevermark

Lucknow: Forevermark, the diamond brand known for beauty, rarity and responsible sourcing announced its association with Lala Jugal Kishore Jewellery in the royal city of Lucknow. To mark the onset of the festive season, a spectacular range of diamond jewellery designed by Lala Jugal Kishore Jewellery crafted in Forevermark diamonds was showcased by talented actress Nimrat Kaur. “Lala Jugal Kishore

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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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Sara Tendulkar Appointed as Brand Ambassador of Litestyle by PNG

Pune: Litestyle by PNG, the contemporary lightweight fine jewellery brand from PNG Jewellers, has announced Sara Tendulkar as its brand ambassador, marking a key step in strengthening the brand’s connection with India’s future jewellery consumers. The association reinforces Litestyle’s role as a strategic bridge between PNG Jewellers’ legacy customers and its future customers. While PNG has been a trusted name

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Commerce Secretary Visits GJEPC Ofiice

Mr. Rajesh Agrawal, Commerce Secretary, Department of Commerce, India, visited GJEPC headquarters in Mumbai on 26 December and held a detailed interaction with GJEPC’s Committee of Administration, including Mr. Kirit Bhansali, Chairman, Mr. Shaunak Parikh, Vice Chairman, Mr. Anoop Mehta, Convener – Diamond Panel, Mr. Russell Mehta, Co-Convener – Diamond Panel, Mr. K.S. Srinivasan, Convener – Gold Panel, Mr. Ashish

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GJEPC Welcomes India’s Role as KP Chair

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the nodal agency for the Kimberley Process (KP) in India, welcomes India’s election as Chair of the Kimberley Process Certification Scheme (KPCS) for 2026. The Kimberley Process Certification Scheme, a UN-mandated initiative, is the only global mechanism governing international trade in rough diamonds, aimed at preventing conflict diamonds from entering legitimate

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India New Zealand FTA to Benefit G&J Industry

Mumbai: India and New Zealand recently concluded a Free Trade Agreement (FTA) that offers significant duty-free access for Indian exports, but Gems & Jewellery (G&J) are listed among the sensitive sectors excluded from immediate zero-duty benefits under the FTA, with India protecting these products, alongside dairy, sugar, and metals, from immediate tariff cuts, though the overall deal aims to boost labour-intensive exports like textiles,

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