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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Top News

Amber Pepper Appointed as CEO of NDC

London: The Natural Diamond Council (NDC) has announced the appointment of Amber Pepper as Chief Executive Officer, effective 1 February 2026. A seasoned global leader in luxury brand transformation, Pepper brings a wealth of experience in driving commercial growth, digital innovation, and consumer-centric storytelling across some of the world’s most respected fashion and retail brands, including senior roles at Tapestry,

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Kirit Bhansali Represents Indian G&J Ind. at India–Israel CEO Forum

Tel Aviv: Mr. Kirit Bhansali, Chairman, GJEPC, attended the India–Israel CEOs Forum on 20th November 2025 at Hotel Dan Tel Aviv, following his nomination by DPIIT, Ministry of Commerce & Industry, Government of India, as a representative from the Indian side. During the visit, he also met Mr. Nir Barkat, Minister of Economy and Industry, Israel. In his address, Mr.

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ORIGIN De Beers Group Launches to Consumers in Stores Across North America

Mumbai: ORIGIN De Beers Group, the new branded polished diamond offering from De Beers Group, is now available to consumers in retail stores across North America. This marks the first time the ORIGIN De Beers Group polished diamonds are available in store, bringing the power of provenance and storytelling directly to consumers through immersive retail and digital experiences. Unveiled at JCK earlier

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Purvi Shah Appointed As New ED of RJC

Mumbai: The Responsible Jewellery Council (RJC) has appointed Purvi Shah, currently head of ethical and sustainable value chains at De Beers, as its next executive director, effective Feb. 7, 2026. She will succeed John Hall, who has served as interim executive director since Melanie Grant’s departure in January. Shah has been with De Beers for 17 years and has served

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PNG Jewellers Opens Showroom at Fremont, USA

Mumbai: The latest international showroom of PNG Jewellers was launched in Fremont, California on 16th October at 6 PM by Bollywood Actress Preity Zinta. PNG Jewllers is one of the most reputed jewellers in the country, with over 183 years of legacy and has been growing to be an international brand since past two decades. They have proudly presented their

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Taliban Reportedly Involved in Gold, Lapis Trade

New York: The Taliban is illegally mining gold and controls access to a source of lapis lazuli, according to a United Nations Security Council report on Afghanistan issued in August. The report, issued by the council’s sanctions monitoring team, quotes Afghan officials as saying Taliban forces have gained control of an illegal gold mining operation in Arghistan, Afghanistan. The fundamentalist

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Rough Display at BDB Not Taxable

Mumbai: Operations related to the display of rough diamonds at the Special Notified Zone (SNZ) in Bharat Diamond Bourse (BDB) in Mumbai are expected to commence within the next few weeks. This follows the announcement by the Ministry of Finance, Government of India on 16th Oct. that it had decided to exempt income from display of rough diamonds within a

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NCDIA Hosts Global Color Diamond Con. Series

Mumbai: The Natural Color Diamond Association (NCDIA) plans to conduct a series of conferences in Australia, London, Antwerp, Israel and Hong Kong to build consumer awareness about the diamond category, the organization said in a statement. The series started earlier this month with events in New York on October 2 and Mumbai on October 8 covering the topics rarity and

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