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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JNA to Confer Highest Honour to Shouzui Yasui

Hong Kong: The 2016 JNA Awards is presenting its most prestigious honour — the Lifetime Achievement Award — to casting solutions specialist Shouzui Yasui, Chief Executive Officer of Tokyo-based Yasui & Co. Yasui, recognized for his dedication and significant contributions to the jewellery and gemstone industry, will be receiving the accolade at the JNA Awards Ceremony and Gala Dinner scheduled

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Gahcho Kué to Provide C$6.7 Bln Boost to Economy

Toronto: Gahcho Kué, the world’s largest new diamond mine under construction, will provide a C$6.7 billion boost to the Canadian economy according to a report published today by EY for The De Beers Group of Companies. The new mine, located in the Northwest Territories (NWT), is a joint venture between De Beers Canada (51 per cent) and Mountain Province Diamonds

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CIBJO Releases Diamond Commission Sp. Report

Milan: With seven weeks to go to the opening of the 2016 CIBJO Congress in Yerevan, Armenia, on October 26, 2016, the third of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Diamond Commission, headed by Udi Sheintal, the report reviews the impacts of technology, both positive and negative, on the jewellery industry and trade, and

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KGK Signs Agreement with PJSC Alrosa

Mumbai: KGK Diamonds and Russian miner Alrosa, once again come together with an interest to widen partnerships and a step to develop the diamond industry in Russia. An ‘Agreement of Intent’ has been signed by both parties, during the Second Eastern Economic Forum held on September 2-3, 2016; on the creation of a diamond cutting and polishing unit in the

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India is Committed to Strengthening Credibility in Diamond Sector

Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 concluded in Mumbai under India’s Chairship, bringing together representatives from KP Participants, Observers, industry stakeholders and civil society organizations for four days of deliberations on the future of the natural diamond sector. Welcoming the conclusion of the Intersessional, Union Minister of Commerce and Industry Mr. Piyush Goyal said India, as the world’s

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Kirit Bhansali Appointed as Nominee Director on IAGES Board

Mumbai: Mr. Kirit A. Bhansali has been appointed as the Nominee Director on the Indian Association for Gold Excellence and Standards (IAGES) Board, effective from11th May 2026. Mr. Bhansali, Chairman of India’s Gem & Jewellery Export Promotion Council (GJPEC) is a well-known personality in the Indian diamond and jewellery industry. He is a partner in Smital Gems, a leading diamond

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NDC Welcomes Rulings from ASA

London: Natural Diamond Council has welcomed two rulings from the UK’s advertising watchdog backing its efforts to protect consumers from misleading adverts of synthetic diamonds. The not-for-profit organisation, which exists to promote and protect the integrity of the global natural diamond industry, complained to the Advertising Standards Authority (ASA) about adverts by two retailers that failed to mention their products

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Second edition of “TREASURES” in Lisbon

Lisbon: The second Edition of TREASURES, an award-winning international colloquium, will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in Lisboa, Portugal, November 13-14, 2026. The theme of this year’s edition is “Crowns and Tiaras.” During the two-day colloquium, participants will enjoy presentations by a choice

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