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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NDMC to be Formed in Surat Also

Mumbai: The Diamond Detection Expo & Symposium (DDES) 2015 opened at the BDB today with Praveenshankar Pandya, Chairman GJEPC and Anoop Mehta, President BDB strongly reiterating that the Indian diamond industry stood firmly committed to taking all steps necessary to prevent undisclosed mixing and establish separate footprints for natural and synthetic diamonds as this would help maintain consumer confidence in

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Kalyan Jewellers Supports Hsg. for Unprivileged

Thrissur: Kalyan Jewellers, India’s leading and trusted jewellery brand has pledged its support for the Indian Government’s Housing for All: Mission 2022programme. Mr. T.S. Kalyanaraman, Chairman and Managing Director of Kalyan Jewellers met Hon’ble Prime Minister of India, Mr. Narendra Modi, and shared Kalyan Jewellers’ endeavour to support housing for the underprivileged, as part of its Corporate Social Responsibility. Kalyan

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Dominion’s 3Q Profit -90% As Ekati Margins Slump

Toronto: Dominion Diamond Corporation reported a 90 percent drop in profit year on year to $3.4 million in the third quarter that ended on October 31, 2015 as margins declined at the company’s Canadian mines, reports Rapaport. Overall revenue declined 35 percent, mainly due to a large drop in the average price per carat of sales from the Ekati Diamond

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Rio Tinto’s Bunder Project Faces New Hurdles

New Delhi: Global mining giant Rio Tinto’s Rs 2,200 crore project to mine diamonds in MP’s Chhatarpur district has hit a green roadblock though it has the support of the state government, reports The Economic Times. The project that involves diversion of near 1000 hectares of dense forests to yield possibly a diamond deposit of 34.2 million carat value was

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Top 100 UK Buyers Turn Up at India-UK BSM

London: Some of the UK’s most respected jewellery buyers, including Allied Gold, Brown & Newirth, Gemporia, Asprey, Optima, Astrid & Miyu and Gecko Jewellery among several others, turned out in strong numbers at the recently held India–UK Gem & Jewellery Buyer-Seller Meet (BSM) in London, underscoring the growing confidence in Indian manufacturing and the business potential unlocked by the forthcoming

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Chinese Buyers Make Strong Comeback at JGA Hong Kong

Hong Kong: The return of Chinese buyers and increased attendance from Southeast and Central Asia-based visitors energised the show floor of the recently concluded Jewellery & Gem ASIA Hong Kong (JGA), Informa Markets Jewellery announced recently. Held from 19 to 22 June at the Hong Kong Convention and Exhibition Centre (HKCEC), Asia’s No.1 mid-year B2B jewellery sourcing fair recorded a

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Global Platinum Jewellery Market Rebounds

London: Platinum Guild International (PGI), a worldwide marketing organisation dedicated to creating, expanding and strengthening consumer and trade markets for platinum jewellery, has shared its findings from its Platinum Jewellery Business Review update for Q1 2025, highlighting strong growth across key global markets, led by a significant recovery in China. Platinum jewellery is seeing renewed global momentum, with China leading

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Tanishq Partners with GSI to Deepen Gemological Expertise

Mumbai: In a step towards enriching customer experiences with meaningful knowledge and trust, Tanishq, India’s most trusted jewellery brand from Titan Company Limited (a Tata Group company), has collaborated with Gemological Science International (GSI) to bring specialized gemological sales training to its retail and corporate teams across India. At Tanishq, jewellery has always been more than just a product; it

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