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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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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New Digital Innovation Reinforces Antwerp’s Global Leadership

Antwerp: The Belgian diamond federation Antwerp World Diamond Centre (AWDC) has launched an innovative digital customer screening tool, based on Regulatory Technology (RegTech) and tailored to the specific needs of the diamond industry. With this new application, the Antwerp diamond sector takes an important step forward in the prevention of money laundering, helping diamond companies to meet their legal Anti-Money

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PNG Jewellers adopts 9 students as a part of CSR

Pune: As a part of their newly induced Corporate Social Responsibility (CRS) strategy, PNG Jewellers has adopted 9 students of Eklavya Bal Shikshan & Arogya Nyasa on the felicitous occasion of Mr. Saurabh Gadgil’s birthday (Chairman and Managing Director PNG Jewellers). PNG Jewellers has been emphasizing on an effective CRS plan and aiding 9 students from a Pune-based organization with

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HRD Antwerp Certified against 2013 COP

Antwerp: RJC announces HRD Antwerp NV has achieved Certification against the 2013 Code of Practices (COP) at its facilities in Antwerp, Mumbai and Istanbul. “It is a pleasure to announce HRD Antwerp NV has been certified against the 2013 COP. The new provisions under the 2013 COP address important issues for our Members and their supply chain. We are delighted

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Lucara Sells 813ct. Rough Diamond for Record Price

Gaborone: Lucara Diamond Corp. broke a world record for the sale of a rough diamond as an 812.77-carat stone from its Karowe mine in Botswana fetched $63.1 million. Dubai-based Nemesis International DMCC paid $77,649 per carat for the rights to 90 percent of stone, named ‘The Constellation.’ Lucara will retain a 10-percent interest in the net profit received from the

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PNG Jewellers Enters Lifestyle Seg. with Perfumes

Mumbai: PNG Jewellers is all set to explore the lifestyle and fashion segment with the launch of their perfume range. PNG has created recognizable signature fragrances that define today’s men and woman. Categorized as Gold and Gold Intense, they are introducing two stunning fragrances for men and women. These perfumes are meant to recreate the independent, unique identity of today’s

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