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 Gem and Jewellery Show 2025 from 4th

Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex industry body has announced the 7th edition of its flagship event, the India Gem and Jewellery Show (GJS), scheduled from 4th to 7th April 2025, at the Jio World Convention Centre in Mumbai. Also known as #HamaraApnaShow, the GJS has become a must-attend platform for driving future business growth

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Rio Tinto Discovers Exceptional Yellow Diamond

Yellowknife: Rio Tinto has unearthed one of the largest gem-quality yellow diamonds ever discovered in Canada, from its Diavik Diamond Mine. The 158.20 carat rough diamond was discovered at Diavik located 200km south of the Arctic Circle in the remote Northwest Territories of Canada. It is one of only five yellow diamonds weighing more than 100 carats ever unearthed at

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Men of Platinum Invites Fans to ‘HONOURTHE7’

Mumbai: As IPL 2025 electrifies cricket fans across the country, Men of Platinum unveils #HonourThe7, a powerful tribute to MS Dhoni, an icon whose resilience, leadership, and composure have defined an era. This fan-driven initiative transforms admiration into action, inviting Thala fans to express their love for their hero in a unique and meaningful way. Building on the Men of Platinum x MS Dhoni Signature Edition, the #HonourThe7 initiative invites fans

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GJEPC Invites Participation in SAJEX 2025

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) invites international participation/countries/pavilions to be part of the B2B Saudi Arabia Jewellery Exposition i.e., SAJEX 2025, to be held at JEDDAH SUPERDOME from September 11–13, 2025. The exhibition is held in partnership with the Indian Consulate in Jeddah and the Ministry of Commerce and Industry, Govt. of India. SAJEX 2025 is

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Diamond Services Expands Service to IDE

Hong Kong: Diamond Services, a developer and provider of screening services and technology for the diamond and jewellery industries, has announced that it will expand its lab-grown and colour-treated diamond screening service next week to the Israeli diamond centre. The launch of operations in Ramat Gan, Israel, comes on the heels of the inauguration of the company’s lab-grown and colour-treated

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India not to Withdraw 1% Duty on Jewellery

New Delhi: India’s Finance Minster Mr. Arun Jaitely stood firm on the government’s plan to impose 1% excise duty on non-silver jewellery, saying the measure was aimed at linking gold with the Goods and Services Tax (GST) which he hoped would be rolled out soon. Replying to the debate on the Budget in Lok Sabha, the FM made it clear

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GJEPC Honours Top Performers of 2015 at IGJA

Jaipur: The Gem & Jewellery Export Promotion Council (GJEPC) presented the India Gem & Jewellery Awards (IGJA) 2015, its first event of year 2016 that recognizes and rewards star performers of the Indian gem and jewelery sector, in the presence of Mr. Piyush Goyal, Minister of State (Independent Charge) for Power, Coal, New & Renewable Energy, Govt. of India at

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Zimbabwe’s Diamond Company Starts Mining

Harare: The newly established Zimbabwe Consolidated Diamond Company (ZCDC) has reportedly started mining dumps in Marange. Finance minister Patrick Chinamasa said the company was in its “first month or second month”. “We are now receiving figures of their daily production. They have already started extracting diamonds from dumps and have done 100 000 carats. We are going to publish the

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