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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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’s G&J Exports Grow 3.66% in 1H of ’25-26

Mumbai: India’s gem and jewellery (G&J) exports record a steady recovery in the first half of FY2025–26, witnessing a growth of 3.66% to US$ 14.09 billion between April and September 2025 compared to US$ 13.60 billion in the same period last year. This growth comes despite global headwinds, reflecting the resilience and adaptability of India’s jewellery exporters as festive and

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IIBX & GJEPC Facilitate First-Ever Duty-Free Gold Import

Mumbai: The India International Bullion Exchange (IIBX), in collaboration with the Gem & Jewellery Export Promotion Council (GJEPC), has achieved a major milestone by facilitating the country’s first-ever duty-free import of gold under the Directorate General of Foreign Trade’s (DGFT) Advance Authorisation Scheme. This breakthrough marks a new chapter in India’s bullion market, aligning with the government’s vision to streamline

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ASDI Device by SSEF Achieves 100% Accuracy

Basel: The Automated Spectral Diamond Inspection (ASDI) device, an automated small synthetic diamond screener that was first released in 2014 by the Swiss Gemmological Institute SSEF, has been evaluated by the ASSURE Program of the Diamond Producers Association (DPA) and proved to be one the few instruments to have successfully passed 100% of the tests administered. This means that all stones categorised by the instrument as

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Gemfields Partners with Gubelin Gem Lab

Mumbai:  Gemfields is advancing the industry as the first company to offer coloured gemstones for sale complete with Gübelin’s Provenance Proof technologies, not only citing the gemstone’s place of origin, but also setting up an encrypted record of a gemstone’s journey as it changes hands from mine to consumer. At the end-of-year emerald and ruby auctions, several schedules of Gemfields’ high-value

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WGC Submits Report to Form Bullion Bank

Mumbai: The World Gold Council (WGC) has suggested the government to allow Indian banks to trade and facilitate trading in physical bullion and its derivatives to bring transparency in the bullion trade. In a report ‘The need for Bullion Bank in India’ submitted to the government, the Council has suggested that banks with proper checks and balances should be given

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CIBJO Releases Pearl Special Report

Milan: With fewer than three weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the eighth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Pearl Commission, headed by Kenneth Scarratt, it looks at the growing impact of environmental and conservationist factors on the pearl sector, noting that these pose

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