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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
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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De Beers Unveils Second Ear Piercing Ritual Program
Mumbai: De Beers Group, the world’s leading diamond company, will support diamond jewellery retailers in driving demand for natural diamond jewellery by showcasing a new gifting occasion in the lives of young consumers – the second ear piercing, which is an intrinsic part of India’s traditional culture and modern rituals. De Beers is introducing a heart-warming ‘Love, From Dad’ collection as part
Chetan Mehta Explores Kirit Bhansali’s Personality
Bengaluru: The latest edition of Coffee with Dr. Chetan Kumar Mehta featured an engaging conversation between Dr. Chetan Mehta, President of the Jewellers Association Bangalore, and Mr. Kirit Bhansali, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC). Held during the IIJS Tritiya event, the discussion delved into Mr. Bhansali’s inspiring journey, his vision for the jewellery industry, and
GJEPC Felicitates IIJS Icons 2025
Bengaluru: Tritiya 2025 honoured a distinguished group of industry pioneers and visionaries who have significantly contributed to the growth and excellence of the jewellery sector. These IIJS Iconsrepresent the epitome of innovation, craftsmanship, and dedication, having built legacies that continueto inspire and shape the future of the industry. This year, we celebrate their remarkable achievementswhich have earned them a place
Dhoni’s Unbreakable Legacy with Men of Platinum
Mumbai: As the IPL season kicks off, cricket fever reaches its peak and Thala gears up to don the yellow jersey once again, igniting passion in fans across the country. For every MS Dhoni loyalist, it’s more than just a game—it’s an unbreakable bond, built on faith, resilience, and moments that live forever. This season, honour the legend and wear
CAR Deal Opens Door to KP Return
Bangui: The Central African Republic (CAR) will soon resume exporting diamonds after a deal was struck between its government and the country’s main miner, Sodiam, The National reported. The African country has been unable to export diamonds since 2013, when it was suspended from the Kimberley Process (KP) on concern that a rebel group was using the gems to fund
Tough Time Ahead for Indian Jewellery Exporters
Mumbai: India Ratings and Research (Ind-Ra) has maintained a stable outlook for jewellery retailers, while revising the outlook for exporters to negative for FY17 from stable in FY16, according to Ind-Ra’s Senior Analyst Harsha Sodhani. Ind-Ra expects retailers to fare well underpinned by a sustainable domestic demand, shifting preference towards branded jewellery, and fading regulatory headwinds. Conversely, exporters might face
India’s GDP can Grow by 7.9% in 2016-17
Mumbai: India’s GDP can grow by 7.9 per cent next fiscal if the monsoon is normal and government implements the reform measures announced so far, domestic rating agency Crisil said on Friday, according to a report published in profit.ndtv.com. The growth forecast, highest by any house and even above the government’s own estimate of 7-7.75 per cent, has been arrived
Hallmark of Jewellery now Mandatory in India
New Delhi: The Bureau of Indian Standard (BIS) Bill, passed by the Indian Parliament, empowers the government to make hallmarking of gold and silver mandatory and provides for jail up to two years and fine up to 10 times of the goods’ value in case of violation related to misuse of standards. The Parliament, on 8 Mar, passed a bill
