With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?

Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a

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With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?

Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a

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India Govt. Releases Special BDB Postal Stamp

Bharat Diamond Bourse (BDB), the world’s largest diamond trading exchange, proudly marks a dual milestone this year; 41 years since its incorporation and 15 glorious years of successful operations at its iconic Bandra Kurla Complex premises since 17th October 2010. To commemorate this milestone, the Department of Posts, Government of India, released a special BDB Postal Stamp recognizing the Bourse’s outstanding contribution to India’s diamond industry and global trade excellence. The

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Sky Gold & Diamonds Strengthens Mangalsutra Business with Strategic Acquisition

Mumbai: Sky Gold & Diamonds Ltd., manufacturer and exporter of gold and diamond jewellery, recently announced that its wholly owned subsidiary, Starmangalsutra Pvt. Ltd., has entered into an non binding term sheet to acquire a majority stake in Shri Rishab Gold, a reputed Mumbai-based jewellery firm. The partnership marks a significant step in Sky Gold & Diamonds’ strategy to establish

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Pre CIBJO Congress Report Focuses on AI

Milan: With a couple of days to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the tenth and the final of the pre-congress Special Reports has been released. Prepared by the CIBJO Technology Committee, chaired by Stéphane Fischler, the report focuses exclusively on artificial intelligence, looking at ways in which the greater jewellery

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De Beers Brings Diamonds & Glamour to London

Mumbai: Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city. This year, De Beers Group makes its grand debut at Frieze London,

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India Gold and Jewellery Summit on 22-23 Nov.

New Delhi: The third edition of the India Gold and Jewellery Summit will take place from November 22 to 23 at the Hotel Pullman in Aerocity, New Delhi, and will bring together jewellery businesses and government officials to discuss the industry. The upcoming edition of the summit will focus on six main topics comprising “improving the role of gold in

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GIA India Donates Replicas of Famous Diamonds

Mumbai: GIA India is gifting replicas of famous diamonds to Chhatrapati Shivaji Maharaja Vastu Sangrahalaya (CSMVS), Mumbai, for the museum’s new jewellery gallery. The replicas were presented to Mr. Sabyasachi Mukherjee, Director General of CSMVS, by Ms. Nirupa Bhatt, Managing Director of GIA India and Middle East, on Nov. 7. Also present at the ceremony was the consultant co-curator for the jewellery

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Substantial Opportunities for Gold: WGC Survey

Mumbai: The World Gold Council (WGC) has launched its new consumer research report highlighting opportunities for gold for those working in both retail investment and jewellery markets. The significant piece of research, with an 18,000-strong sample, looks at a range of markets including China, India, North America, Germany and Russia, and highlights unique insights into attitudes towards and perceptions of gold;

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De Beers' 9th Cycle Shows Improved Sentiments

Gaborone: De Beers said it raked in $390 million during the ninth cycle compared with $442 million, a year earlier or $297 million realised during the eighth cycle. “With signs of increasing polished price stability, Cycle 9 saw an improvement in sentiment from rough diamond buyers,” said De Beers chief executive Bruce Cleaver. “Global consumer demand for diamond jewellery at

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