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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NDC Unveils Fancy Color Diamond Report

Paris: The Natural Diamond Council (NDC), in partnership with Choron Group and the Fancy Color Research Foundation (FCRF), has unveiled a groundbreaking report celebrating fancy colour diamonds. Released to coincide with Paris Couture Week, the Fancy Colour Diamond Report casts a global spotlight on these exceptionally rare and natural gems. This is the first comprehensive report of its kind, offering

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Platinum BSM Ignites Fresh Momentum for India’s Jewellery Market

Kochi: Platinum Guild International (PGI) India recently concluded the 2025 edition of its annual Platinum Buyer-Seller Meet (BSM) on a high note in Kochi, bringing together leading industry voices right from key manufacturers to major jewellery retail partners from across the country. The event continued its legacy as a key platform for platinum jewellery manufacturers and retailers to collaborate on

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GJEPC Proposes Sector Priorities to Piyush Goyal

New Delhi: Mr. Kirit Bhansali, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC), along with Mr. Sabyasachi Ray, Executive Director, GJEPC, met Union Commerce & Industry Minister Mr. Piyush Goyal on 30th June during an interactive meeting with Export Promotion Councils and industry associations at Vanijya Bhawan, New Delhi. The GJEPC delegation highlighted several critical policy concerns and

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GJEPC Participated in Mega MSME Sammelan

Lucknow: India’s Gem & Jewellery Export Promotion Council (GJEPC) participated in the Mega MSME Sammelan 2025, organised by ASSOCHAM in Lucknow on 26-27 June to mark MSME Day. The event celebrated the contributions of MSMEs to India’s economy and exports and explored ways to strengthen their growth. Mr. Antarpal Singh Sawhney, Regional Chairman (North), GJEPC, addressed the gathering, highlighting the

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First M-E Jewellery Designers’ Forum Successful

Dubai: The ‘First Middle East Jewellery Designers’ Forum’ saw a successful launch during the recently concluded ‘Mid-East Watch and Jewellery Show Sharjah’. Initiated by The New Jeweller Group, the First Middle East Jewellery Designers’ Forum was a historic moment as Leading Jewellery Designers of the Middle Eastern region enthralled the participants with their best of designs and creativity. The Forum

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India’s First Rough Auction on 21st to 25th Nov

Mumbai: The first auction of rough diamonds at the newly set up India Diamond Trading Centre (IDTC) in the Special Notified Zone (SNZ) at Bharat Diamond Bourse (BDB) will be held from November 21 to 25, according to media reports. The 4,000 square feet of SNZ facility, which has world-class amenities, will facilitate direct sourcing of rough diamonds to small

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Zimbabwe Seeks Partners to Explore kimberlites

Harare: Zimbabwe said it has more than 100 kimberlites dotted across the country, but is need of partners to establish if they are economical. Zimbabwe currently has a single operational kimberlite mine, Murowa Diamonds in Zvishavane, which was 78-percent owned by Rio Tinto until recently. The second known kimberlite mine, River Ranch, was currently mothballed. There were reports of a

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Andrey Polyakov Elected Vice President of WDC

Moscow: ALROSA vice president Andrey Polyakov was elected World Diamond Council (WDC) vice president at the council’s annual general meeting held in Moscow. According to the council’s bylaws, the vice president subsequently assumes the role of president – in this case Polyakov will take over the role in 2016. Also at the annual general meeting, delegates met to discuss a

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