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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Gemfields’ Profit Nearly Doubled to $23.5m

London: Gemfields’ net profit nearly doubled to $23.5m (£18.2m) in the year ended 30 June 2016, up from $12.3m in 2015. This came as the firm’s revenue rose 13 per cent to $193.1m during this period, up from $171.4m a year earlier. Production at Gemfields’ flagship Kagem emerald mine in Zambia held steady at 30m carats, while output its ruby

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BrilliAnt Now Open for Foreign Exhibitors Also

Antwerp: The Antwerp Diamond Bourse, The Antwerp Diamond Club, The Antwerp Diamond Kring and the Antwerp World Diamond Centre (AWDC) have announced that BrilliAnt®, the eighth edition of the Antwerp Diamond Trade Fair (ADTF January 29-31, 2017), is opening its doors to international exhibitors. The trading hall of the Kring, Antwerp’s rough diamond trading bourse, will host foreign exhibitors (not

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Lucapa Finds Large Diamond of 172 Carats

Perth: Just a week after finding a 104-carat Type IIa, D-color diamond which was the fourth stone over 100 carats discovered this year, Lucapa Diamond Co. Ltd., an ASX-listed Australian company based in Perth, has uncovered an even bigger exceptional diamond from its Lulo Project in Angola. Lucapa said it unearthed 172.67-carat Type IIa, D-color stone. It is the fifth

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Heavy Demand for India’s Sovereign Gold Bonds

New Delhi: Heavy demand for Sovereign Gold Bonds (SGB), an instrument to wean away people from physical gold, has forced the government to postpone its issue date to September 30 from the earlier September 23. “The Government of India in consultation with the Reserve Bank of India (RBI), had notified the issuance of SGB, 2016-17 Series II. The tranche was

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India-UK Buyer-Seller Meet on 7-8 July

London: With the India-UK Free Trade Agreement (FTA) set to unlock exciting new opportunities, this exclusive B2B platform will bring together 20 leading Indian gem & jewellery manufacturers and top UK buyers to foster meaningful partnerships and drive bilateral trade. India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the event on 7th & 8th July, 2026 at Arsenal

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IIJS Bharat Premiere 2026 Strengthens Nepal Buyer Outreach

Kathmandu: India’s Gem & Jewellery Export Promotion Council (GJEPC) expanded its international buyer outreach for IIJS Bharat Premiere 2026 with a comprehensive roadshow across Nepal, engaging leading jewellery associations, trade bodies and retailers to drive visitor registrations for the show. Led by Ajay Purohit, Deputy Head – International Events, GJEPC, the outreach programme covered Kathmandu, Lalitpur, Pokhara and Chitwan, where

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First Pre-CIBJO Congress Special Report

Milan: With nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the first of the pre-congress Special Reports has been released. Prepared by the CIBJO Sustainable Development Commission, headed by John Mulligan, the report considers both the challenges and opportunities presented to the jewellery industry as government regulations concerning social

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Gold Faces Pivotal H2 as Geopolitical Risk

New York: After a volatile start to the year, gold now faces a pivotal second half that will be shaped by unpredictability from geopolitics, rates, and investor sentiment, according to the Gold Mid-Year Outlook 2026 released by the World Gold Council (WGC) recently. Gold set more than 12 all-time highs and reached a record US$5,405/oz in late January before pulling

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