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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AGL Celebrates Five Years under New Management

New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did

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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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IDWI 2020 Opens to Full House in Israel

Ramat Gan: The International Diamond Week (IDWE) in Israel opened today to a packed exhibition hall, with over 300 international buyers from 18 countries in attendance. Also participating were diamond leaders from around the world including, Alrosa President Sergei Ivanov, WFDB President Ernie Blom, CIBJO President Dr. Gaetano Cavalieri, Bharat Diamond Bourse VP Mehul Shah, Dubai’s DMCC Executive Chairman and

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FCRF: Pink Diamonds Led Chart throughout the Decade

New York: The Fancy Color Research Foundation (FCRF) announced today the results of the Fancy Color Diamond Index (FCDI) in 2019 and over the last decade. During the years 2010-2019 the general index showed a steady market price increase of 77%. Leading the index during the decade were Pink diamonds, which increased by 116%. The prices of Blue diamonds rose by 81% and of

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LOVE Takes Over Platinum this Valentine’s Day

Mumbai: Love deserves an expression. But do phrases like “falling for you”, “blinded by love”, “head over heels”, “madly in love” hold true today? Are they relevant? Is that what we want love to feel like in a modern world that aspires for equality, empowerment & respect for individuality? A state where one loses one’s sense of rational thinking, is

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New Valentine's Day Collection in Rare Platinum

Mumbai: What you do in the name of love matters. And Valentines’ Day is that one day in the year that individuals in love express their feelings in the most unique and creative ways. Expressions of love around this month of love are often cluttered with clichéd actions. Dinner dates, flowers and chocolates, grandiose gestures, but ever stopped and wondered

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