International News
MELTDOWN! Gold, silver markets witness historic reversal
The global precious metals market witnessed a historic reversal. This “flash crash” follows a relentless multi-month rally that had recently pushed both metals to lifetime highs. COMEX silver rate was more than 31% lower than its lifetime high of $121.755 per ounce. The COMEX gold price ended over 11% lower at $4,763.10/oz.
Indian Gold and Silver ETFs saw declines of up to 20% in a single session.Gold futures expiring on February 5, 2026, slid by as much as Rs 11,000, or 6.5%, to settle at Rs 1,59,984 per 10 grams. Silver contracts for March 5, 2026, delivery saw an even steeper decline, plunging Rs 68,000, or 16.6%, to Rs 3,34,503 per kg – going below the Rs 3.5 lakh per kg mark.
President Trump’s nomination of Kevin Warsh to replace Jerome Powell as Fed Chair has rattled markets.The US Dollar surged following the Fed announcement, making dollar-denominated metals more expensive for international buyers and prompting immediate profit-booking.
The Chicago Mercantile Exchange (CME) implemented aggressive margin increases for silver and gold. This forced highly leveraged traders to liquidate positions, triggering a “margin call” domino effect that drained market liquidity.
CME Group is raising margins on Comex gold and silver futures after prices suffered their biggest slides in decades.Gold margins will rise to 8% of the value of the underlying contract from the current 6% for a non-heightened risk profile. The heightened risk profile margins will be increased to 8.8% from the current 6.6%, it said.
Silver margins will climb to 15% from the current 11% for a non-heightened risk profile, while the heightened risk profile margins will be hiked to 16.5% from the current 12.1%, according to the statement. Platinum and palladium futures’ margins will also be boosted.
International News
From Google To Generative AI: Jewellery Industry Faces A New Digital Discovery Era
The Transition From Link-Based Search Engines To AI Tools That Aggregate and Synthesize Information Poses A Unique Challenge For Diamond and Fine Jewellery Marketers. For The Natural Diamond Sector, The Stakes Are Particularly High.
The jewellery industry must rapidly adapt to a fundamental shift in how consumers discover products as artificial intelligence threatens to displace traditional search engines,said Raluca Anghel, Head of External Affairs at the NDC
Speaking at the CIBJO Centenary Congress 2026, , she cautioned that conversational AI platforms could overtake conventional online queries within years, reshaping digital marketing and consumer trust.
The transition from link-based search engines to AI tools that aggregate and synthesize information poses a unique challenge for diamond and fine jewellery marketers. Unlike standard Google results, which present a list of competing websites, AI platforms deliver direct, conversational answers. This shift makes the source data fed into AI algorithms critical to what consumers see and buy.
For the natural diamond sector, the stakes are particularly high. The industry has struggled with consumer confusion between mined diamonds and laboratory-grown alternatives, as well as complex terminology surrounding sustainability and origin.
Anghel emphasized that ensuring AI systems draw from verified, accurate sources is essential to combating widespread industry misconceptions. CIBJO, the World Jewellery Confederation, has long advocated for clear disclosure standards and terminology to maintain consumer confidence.
As AI platforms increasingly mediate the purchasing journey, the digital battleground for jewellers is shifting. Industry experts at the congress noted that the challenge is no longer merely ranking high on a search page, but securing credibility within the generative answers provided by AI systems.
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