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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RBI Eases Norms for Diamond Imports

Mumbai: The Reserve Bank of India (RBI) allowed banks to approve clean credit facility given by foreign supplier to Indian importers of rough, cut and polished diamonds, even beyond 180 days. “To ease the operational difficulties faced by importers, it has been decided, in consultation with the Government of India, to delegate the powers for permitting such clean credit for

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Antwerp Diamond Industry Pleased with Modi

Brussels: Given the importance of diamonds in the trade relations between Belgium and India, Indian Prime Minister personally welcomed members from the Antwerp World Diamond Centre’s Board of Directors during his visit to Belgium. Several points were discussed, including the Reserve Bank of India’s (RBI) norms on imports. Belgium is one of Europe’s top three trade partners with India, and

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India Gives Major Relaxation under GMS

Mumbai: In a major relaxation in gold deposit scheme, the Reserve Bank of India (RBI) yesterday allowed banks to redeem gold deposited under the scheme in form of gold when deposit is for medium or long term. This was a major demand from temple boards. So far the provision of redeeming gold deposits under the scheme in form of gold

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AWDC Launches Antwerp Diamond Experience

Antwerp: For the past three days a delegation of leading jewelers and diamond traders from Kuwait have been getting acquainted with their counterparts in Antwerp, enjoying a behind-the-scenes look at the diamond capital and doing business at high-level networking events. The visit from the up-and-coming diamond market of Kuwait – long a major player in the pearl, gold and gemstone

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Akshay Kala-The Eternal Art: GJS Opens 4th April

Mumbai: All India Gem & Jewellery Domestic Council (GJC) proudly announces the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” Scheduled from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai, this premium B2B exhibition will celebrate timeless craftsmanship and innovation under the theme “Akshay Kala: The

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India Removes ₹10 Lakh Cap on Courier Export

New Delhi: The Government of India on 31st March 2026 issued a set of notifications and a circular to ease re-imports and streamline courier mode shipping, following announcements made in the Union Budget. The reforms target e-commerce exporters and aim to reduce friction in cross-border returns and logistics. A key change is the removal of the per-consignment value cap for

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Aurya Diamonds Enters the Market

Bengaluru: Aurya Diamonds, a Bengaluru-based fine jewellery brand that is reimagining how modern India experiences diamonds through certified lab-grown stones and a design-first, transparent retail philosophy. Founded by Shikha Dadha and co-founded by Saad Salman, Aurya marks its entry into the Indian market with a state-of-the-art experiential jewellery gallery in Bengaluru—moving away from traditional “behind-the-glass” retail to a more immersive, interactive, and consumer-centric format.

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Tracr Appoints Jillian Wolk as CEO

New York: Tracr has announced the appointment of Jillian Wolk as Chief Executive Officer, effective 1 May 2026. Ms. Jillian joins Tracr following senior leadership roles across the jewellery, luxury and technology sectors. Most recently, she served as Vice President, Growth & Strategic Initiatives at GIA, where she developed new services and drove diversified revenue, strengthened commercial strategy, and supported

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