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

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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Alrosa May Cut Diamond Prices Again

Moscow: Russian diamond miner Alrosa said clients cancelled half of the orders placed at trading session in July and it was considering a second price cut of the year because of slack demand. The state monopoly’s Chief Financial Officer Igor Kulichik said on Tuesday Alrosa was stockpiling an increased quantity of the gems rather than curb production. “Cutting production leads

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Summer Edition of IDW Kicks Off

Ramat Gan: The Summer Edition of the International Diamond Week in Israel (IDWI) kicked off on Sunday, August 30, with some 400 buyers attending. During the five-day event, the buyers and hundreds members of the Israel Diamond Exchange (IDE) will be frequenting the trading tables of some 300 Israeli, Belgian, American and Indian companies that are displaying polished diamonds in

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GIA to Open Diamond Synthesis Center

Ramat Gan: Speaking at the International Diamond Week in Ramat Gan, Tom Moses, GIA executive vice president, announced that the lab is planning to open a diamond synthesis facility in New Jersey. The facility, which the lab hopes will be operational by January,  is planned as a research laboratory where GIA gemologists will be able to investigate different treatments that

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Surat Diamond Sector Regains Normalcy

Surat: Due to eruption of violence by Patidar community members on last Wednesday in Surat, the Federation of Surat Textile Traders Association (FOSTTA) and the Surat Diamond Association (SDA) members, were forced to seek the help of police and the paramilitary forces. The Surat police and army personnel brought  the city back to normalcy,  thus helping the diamond factories and

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