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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Top News

Titan Plans to Shift Manufacturing Units to UAE

Mumbai: Titan, India’s largest jeweller and watchmaker, is considering moving part of its manufacturing operations to the UAE to preserve low-tariff access to U.S. markets amid escalating trade tensions between Washington and New Delhi, according to media reports. A part of the Tata Group, Titan recently announced plans to acquire a majority stake in Dubai-based luxury retailer Damas, which runs

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Gemfields Sells ‘Faberge’ for $ 50 Million

London: Gemfields announces that it has signed an agreement to sell its entire interest in wholly owned Fabergé Limited (‘Fabergé’), the iconic luxury brand, to SMG Capital LLC (the ‘Buyer’), for a total consideration of USD 50 million. Of that sum, USD 45 million is payable to Gemfields by the Buyer on completion of the sale (which is expected on

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GJEPC to Celebrate PM’s 75th Birth Day in a Unique Way

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has pledged to introduce a nationwide blood donation campaign to commemorate and celebrate Hon’ble Prime Minister Mr. Narendra Modi’s birthday on 17th September 2025. The same day will be celebrated as the National Jewellers Day every year. Mr. Nirav Bhansali, Convener, National Exhibitions GJEPC announced during the IIJS Premiere 2025 that

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Golden Carat Launches Jewel of Time Awards

Mumbai: Golden Carat Pvt Ltd, India’s Diamond Jewellery Manufacturer launched GOLDIS | ‘Jewel of Time Awards’ at the IIJS Premiere show in Mumbai. The award was launched during the India Jewellery Designer & Artisan Forum held at the IIJS Premiere 2025. ‘Jewel of Time Awards’ is initiated by Golden Carat Pvt Ltd to recognize the valuable services offered by Industry

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Platinum Days of Love Urges You to "CommitToLove"

Mumbai: In these constantly changing times, if there is one thing that remained constant for couples it is the love that they share. They managed to be each other’s source of strength and comfort. If anything, the unpredictability of circumstances made them realize what truly matters making their love stronger. Filling them with the renewed desire to take the next

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G&J Export Operations in Maharashtra Exempted

Mumbai: Maharashtra State Chief Minister Mr. Uddhav Thackeray again this year allowed gems and jewellery export operations to resume with restrictions in number of people working in export units during the ongoing night curfew, weekend lockdown and restrictions of people at work place and travel, to curtail the second wave of COVID-19 pandemic. This has been resulted due to persistent communication

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Kalyan Jewellers Raised Rs. 800 Crore from IPO

Mumbai: In March 2021, Kalyan Jewellers successfully completed its initial public offering (IPO) and raised approximately Rs. 800 Crore (Rs. 8,000,000,000) of primary capital for the Company, representing a significant milestone in the evolution of the Company’s growth journey. Kalyan Jewellers witnessed a robust increase in consumer demand in Q4 FY 2021, resulting in a revenue growth of approximately 60% for its

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Israel Diamond Industry Shows Signs of Improvement

Ramat Gan: The Israeli Diamond Industry is showing clear signs of recovery, after the coronavirus pandemic took a heavy toll during the past year. Figures for the first quarter of 2021, published by the Israel Ministry of Economy, show a significant increase in the volume of activity in leading trade categories: rough diamond exports, rough diamond imports, polished diamond imports

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