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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Top News

Diamond Industry Needs to Help Itself: Alex Popov

Ramat Gan: Next week, on occasion of the International Diamond Week in Israel, the Israel Diamond Exchange will be holding a diamond marketing panel discussion with the participation of Jean Marc Lieberherr, representing the Diamond Producers Association (DPA); the undersigned in his capacity of Chairman of the World Diamond Mark Foundation (WDM); Jeweller to the Stars, Stephen Webster; and Patricia

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Strong H2 Uptick in Gold Demand in 2015

Mumbai: Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half of 2015 as a result of sustained buying from central banks and a strong second half from China and

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Turnaround in Fancy Yellow Diamond Prices in Q4

New York: Following a better-than-expected holiday sales season in the US and continued sluggish demand in Asia, the fancy color diamond category has demonstrated stability, with overall prices growing on average 0.3% during the fourth quarter of 2015, according to the Fancy Color Diamond Index. The strongest performance was in the fancy yellow diamond segment, growing by 1.1%. Among fancy

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DiaCam360 to Introduce Latest, Improved Camera

Ramat Gan: DiaCam360, the company that has conquered the international diamond trading community’s heart with its small, portable, effective and affordable camera that creates high quality photos and 360-degree, interactive videos of polished and rough diamonds, announced it will introduce the latest, improved model of its camera during the upcoming International Diamond Week in Israel (IDWI) which will be held

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Platinum Love Bands Unveils ‘Unlock with Love’ Campaign

Mumbai: This wedding season, Platinum Love Bands breaks away from traditional product launches. The brand orchestrates an emotionally charged social experiment that captures a connection invisible to most until now. Rings have long stood as symbols of love — seen by the world, but holding meaning only the couple understands. The truest parts of a relationship are often unspoken: a

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WGC Launches ‘It’s Aaj ka Gold’ Campaign

Mumbai: The World Gold Council (WGC) recently announced the launch of its first India-focussed gold ETF campaign, built around the powerful core message ‘It’s Aaj Ka Gold’ (means ‘Today’s gold). The campaign is aimed at modernizing gold investment for the nation’s digital-savvy young investors. The campaign aims to address the awareness–action gap and reinforce the accessibility, liquidity and strategic relevance

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GJSCI’s Initiative on Tribal Youth Empowerment

Mumbai: The Shrimad Rajchandra Skill Development Centre, set up in partnership with the Gem & Jewellery Skill Council of India (GJSCI) in September 2022, is helping tribal youth in Dharampur, Valsad, in southern Gujarat build sustainable careers in the gem and jewellery sector. The centre offers training in jewellery CAD design, a key skill in modern jewellery manufacturing. Supported by

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Zen Diamond Opens Store in Chandigarh

Chandigarh: Zen Diamond continues to expand its presence in India with the opening of its latest boutique at Nexus Elante Mall, Chandigarh. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Bengaluru with two stores, Zen Diamond now brings its hallmark of exquisite craftsmanship and modern design to North India.

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