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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ALROSA Rough Prices Unchanged at March Sale

Moscow: ALROSA held rough prices stable for the sixth month running at its March contract sale as demand for the miner’s goods remained strong. “ALROSA has not changed the prices for rough diamonds at the March trading session,” a company spokesperson said in an email to Rapaport News. “Thus, ALROSA prices remain unchanged since last year.” The Russia-based miner last

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China’s 2015 Polished Diamond Imports -14%

Beijing: China’s polished diamond imports declined 14 percent to $6.69 billion last year as the nation’s economy slowed and consumer sentiment dropped. The country’s imports of polished fell in each of the first three quarters of 2015 from corresponding periods in the previous year, but picked up slightly in the final quarter, according to data released by the China Customs

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Task Force to Assess Jewellers’ Grievances

Mumbai: Jewellery trade associations including India Bullion & Jewellers Association (IBJA) and All India Gem & Jewellery Trade Federation (GJF), took decision to call off the strike after an eight hour-long meeting with government officials in new Delhi on Saturday. Amit Shah, president of the main governing Bharatiya Janata Party, also attended the meeting. “Our demands have been accepted. The

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Gem-A Appoints New CEO

London: The Gemmological Association of Great Britain (Gem-A) has announced the appointment of Alan Hart FGA DGA as the Association’s new CEO. A former member of the Gem-A Council, Hart is currently Head of Earth Sciences Collections at the Natural History Museum, London. With a wealth of experience in the gem and mineral trade, Hart started his career at the

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WDC Urges KP to Support Historic Reform

Dubai: Feriel Zerouki, President of the World Diamond Council (WDC), opened the 2025 Kimberley Process (KP) Plenary with a decisive call for participants to support a modernized definition of “conflict diamonds,” marking a pivotal moment for the international certification scheme. Ms. Zerouki highlighted three years of hard work, drafting and negotiation led by the WDC and honored the leadership of

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Candere Opens Two New Stores in Mumbai

Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers has expanded its retail presence in Maharashtra with the launch of two new stores, one each in Andheri and Mulund. These new additions, marking Candere’s 97th and 98th store nationwide, further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched Andheri and Mulund stores

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12th IRGSS Inaugurated in Jaipur

Jaipur: The 12th Edition of the India Rough Gemstones Sourcing Show (IRGSS) 2025 was inaugurated on 17th November 2025 by Mr. R. K. Chandan, Commissioner of Customs, Jaipur. He was joined by Shri Jitendra Meena, Deputy Commissioner of Customs, ACC Jaipur. Mr. Chandan was welcomed and felicitated by Mr. Yogendra Garg, Regional Chairman, GJEPC, and Mr. D. P. Khandelwal, Convener of

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World Diamond Congress in Singapore from July 12

Singapore: The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre. “We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES),

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