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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Gem-A Awards Cavalieri with Hon. Fellowship

London: CIBJO President Gaetano Cavalieri has been a named an Honorary Fellow of the Gemmological Association of Great Britain (Gem-A) in recognition of his outstanding contribution to the field of gemmology.   The award was made by Gem-A President Harry Levy during the association’s graduation ceremony at Goldsmith’s Hall in London on November 3. With its goal of advancing the science

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Gems and Jewellery Forum Launched in Dubai

Dubai: DMCC, Dubai’s and the region’s global gateway for commodity trade and enterprise officially launched the Middle East Gems and Jewellery Forum (‘MEGJF’). The event was inaugurated by His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of the Department of Civil Aviation, CEO and Chairman of The Emirates Group and Chairman of Dubai World, held at the DMCC headquarters

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Alex Popov Addresses 2nd ZDC

Harare: Alex Popov, Chairman of the World Diamond Mark Foundation (WDMF) proposed to participants of the Second Zimbabwe Diamond Conference that the WDMF could play a big part in bringing African diamonds and the message of their economic beneficiation to diamond jewelry consumers as part of its generic diamond promotion campaigns. Referring to the theme of the November 6-7 conference

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Second Zimbabwe Diamond Conference Ended

Harare: The Second Zimbabwe Diamond Conference ended on November 7 with a vigorous panel debate on the issue of beneficiation as the engine of growth for the country’s diamond industry. The panel included Mr. Richard Mvududu, Chair of the Diamond Beneficiation Association of Zimbabwe, Mr. Tafadzwa Musarara from Resources Exploitation Watch, Mr. Shamiso Mtisi, KP Civil Society Coalition Representative in

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Seventh Mubri World Meeting Opens on 29th Sep

Sao Paulo: From the 29th of September to the 1st of October, several countries gather to attend the Mubri World Meeting 2022 with great expectations from the names presented in this edition, 2022 was an exceptional year for Mubri thanks to several actions around the world. This year Mubri broke his own record for the number of successful actions throughout

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Two-Day Convention of Diamond Traders in Antwerp

Antwerp: At 14 & 15 September, Antwerp was home to the wordwide diamond industry. The most important stakeholders talked about the future of diamonds in a new brand new format: FACETS 2022. Two days long different stakeholders were engaged through panel discussions, presentations, networking events and even a pitching competition. With government representatives of diamond producing countries like Angola, Tanzania,

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India's G&J Exports in April-August 2022 Rise by 10%

Mumbai: The Gem & jewellery sector is all set to achieve its export target of USD 46 billion for the year 2022-23. For the cumulative period of April – August 2022, the overall gross exports of gem & jewellery (G&J) witnessed a growth of 10.16% to Rs. 130440.39 crores (4.4% in dollar terms to US$ 16695.56 million) as compared to

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Skill Centre for Rural Youth of Dharampur, Gujarat

Mumbai: Yet another milestone achieved by GJSCI as it inaugurated another Skill Training Centre dedicated to Skill the rural and tribal youth in Dharampur. Dharampur is a town in Valsad district of Gujarat. Alongside the increasing development in urban industries and small businesses, the employment and skill-training of rural youth too plays a crucial role in the development of India’s

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