We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
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
Top News
Argyle Pink Diamonds Tender Showcased in London
London: Rio Tinto’s iconic Argyle Pink Diamonds Tender has arrived in London as part of its global showcase of the rarest pink, red and violet diamonds in the world. Celebrating the launch of its new partnership with storied UK jeweller, Boodles, the 2016 Argyle Pink Diamonds Tender is in London for the first time since HRH Queen Elizabeth’s Diamond Jubilee
Price Drop Likely to Spur demand: WGC
Mumbai: Gold prices have dropped after the Reserve Bank of India (RBI) recently slashed interest rates. World Gold Council (WGC) opines that the price drop is likely to spur demand that elaborates on the latest movement in gold price and its impact on the gold markets in India and worldwide. The gold price fell by over three percent on 4
CIBJO Releases Pearl Commission Special Report
Milan: With three weeks to go to the opening of the 2016 CIBJO Congress in Yerevan, Armenia, on October 26, 2016, the seventh of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Pearl Commission, headed by Kenneth Scarratt, the report details improvements to the Pearl Blue Book of accepted standards, practices and nomenclature; the development of
RBI Cuts Interest Rates by a Quarter Point
Mumbai: Reserve Bank of India (RBI) Governor Urjit Patel cut interest rates by a quarter point as forecast by economists citing softening inflation outlook and retained growth forecast but said outlook is improving with good monsoon. All six of the monetary policy committee unanimously voted in favour of the rate cut. “The Committee expects that the strong improvement in sowing,
JGA 2026 Opened in Hong Kong
Hong Kong: Nearly 1,100 exhibitors from around 30 countries and regions have gathered at the Hong Kong Convention & Exhibition Centre to showcase their latest collections to international buyers at Jewellery & Gem ASIA Hong Kong (JGA) 2026, which runs until Sunday, June 21, 2026. Organised by Informa Markets Jewellery, Asia’s No.1 mid-year B2B jewellery buying destination brings together two co-located
IFSCA Permits GJEPC RCMC Holders to Import Gold, Silver Through IIBX
Mumbai: The International Financial Services Centres Authority (IFSCA), the unified regulator overseeing financial activities in GIFT City, has accepted key recommendations made by the Gem & Jewellery Export Promotion Council (GJEPC), allowing holders of a valid Registration-cum-Membership Certificate (RCMC) to access bullion imports through the India International Bullion Exchange (IIBX). Under a revised circular issued on 15 June 2026, valid
A Webinar on IIBX Gold Supply Mechanism
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IIBX, is organizing a webinar on “IIBX Gold Supply Mechanism for GJEPC Members and SEZ Units” on 19th June 2026 to provide insights into the gold procurement framework through the India International Bullion Exchange (IIBX). The webinar is scheduled from 3 pm onwards. Mr. Ashok Kumar Gautam, MD
Central Banks Set to Step up Gold Buying over the Next Year
London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also
