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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Gold Smuggling Arrests Jump 750% YoY in India

Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have

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Webinar on ‘November Birthstones Topaz & Citrine’

Mumbai: GIA India organised the Knowledge Webinar ‘November Birthstones: Topaz and Citrine’ for members of the gem and jewellery trade across India. More than 60 participants attended this webinar to learn important information about the two birthstones for November. GIA India Instructor Vijay Parmar shared insights on the sources, history and quality factors of topaz and citrine. The webinar also presented

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GJEPC Signs MOU with Yes Bank

Mumbai: In a first of its kind collaboration, Yes Bank has signed an MoU with India’s Gem and Jewellery Export Promotion Council (GJEPC) to support the gem and jewellery industry. Mr. Colin Shah, Chairman, GJEPC and Mr. Avinash Chandra, Executive Vice President – Knowledge Banking Unit, Yes Bank singed the MoU in the presence of Mr. Ashok Gajera, Regional Chairman,

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GJEPC to Debut e-IGJS, Exclusive Export-oriented Show

Mumbai: After successful and accomplished IIJS Virtual and several Virtual Buyers-Seller Meets, which offered a much-needed opportunity for buyers and exhibitors to connect and transact business during this pandemic, India’s Gem and Jewellery Export Promotion Council (GJEPC) is all geared up to organise its first ever export-oriented show only for international buyers, the International Gem & Jewellery Show (e-IGJS) in

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IIJS Virtual 2 for Machinery & Allied Companies

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) had organised the 1st edition of IIJS Virtual 2020 in October 2020 which garnered huge success from participants and visitors too. Based on this success the Organisation also received request from machinery & allied companies to be part of the next edition of IIJS Virtual. GJEPC is happy to announce the second edition of “IIJS

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