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 Signs Historic FTA Treaty with UK

London: India and the United Kingdom signed a landmark Free Trade Agreement (FTA) today; a deal anticipated to open up billions of dollars in trade and investment opportunities for both countries. The signing came as Prime Minister Narendra Modi made a visit to the UK-his fourth since assuming office in 2014. During the trip, he is scheduled to hold comprehensive

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Registrations Open for CIBJO Congress 2025

Milan: Registration for the 2025 congress of the World Jewellery Confederation (CIBJO) is open. Delegates and other participants may register for the congress via a dedicated congress website located at: www.cibjo.org/congress-2025/. The three-day event will take place from Monday, October 27, through Wednesday, October 29, 2025. Marking the start of the World Jewellery Confederation’s Centenary Year, the 2025 CIBJO Congress will

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SKY Gold & Diamonds Delivers Robust Q1 Results

Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer has announced its Q1FY26 results for the quarter ended June 30, 2025. With continued momentum from a record FY25, the company has started FY26 on a solid footing, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East

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Countdown Begins for IIJS Premiere 2025

Mumbai: Your wait is almost over as the year’s most ICONIC B2B Gem & Jewellery show India International Jewellery Show (IIJS) Premiere is just a few days away. Get ready for a spectacular show, featuring breathtaking jewellery and cutting-edge technological innovations, all under one roof. Organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from 30th July to 4th

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Namibia and De Beers Sign Sales Agreement

Gaborone: The Government of the Republic of Namibia and The De Beers Group of Companies yesterday signed a new 10-year sales agreement for the sorting, valuing and sales of Namdeb Holdings’ diamonds. The sales agreement is the longest ever signed between the two partners. Namibia will see a significant increase in rough diamonds made available for beneficiation as a result

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India to Start SGB Trading from May End

New Delhi: The government on Monday said trading of the Sovereign Gold Bond (SGB) will begin by the end of the month and the fourth tranche of the scheme will be launched thereafter. The decision to launch the trading of the SGB by May-end was taken at a meeting held under the chairmanship of Economic Affairs Secretary Shaktikanta Das recently

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WFDB Gives Schedule of World Diamond Congress

Antwerp: The World Federation of Diamond Bourses (WFDB) has announced the schedule for the 37th World Diamond Congress, the biennial meeting of the WFDB and the International Diamond Manufacturers Association (IDMA), which takes place in Dubai from May 16 to 19. The first day of the Congress is taken up with meetings of the WFDB’s major committees: the Judicial, Trade

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Russia Approves Plan to Sell Stake in Alrosa

Moscow: Russian President Vladimir Putin has endorsed a potential plan to sell a part of the state’s shares in the country’s miner Alrosa, the world’s No.1 diamond producer by output in carats. According to Russian news agency Tass, the plan approved by the Kremlin also includes the potential sale of the nation’s second-largest lender, VTB Bank. The report says the

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