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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IIJS Tritiya Opens in Bengaluru

Bengaluru: The 3rd edition of IIJS Tritiya 2025, India’s 3rd largest and most comprehensive B2B jewellery show, organized by the Gem & Jewellery Export Promotion Council (GJEPC) opened at the Bangalore International Exhibition Centre (BIEC) from 21st to 24th March 2025. Mr. M.B. Patil, Minister of Large & Medium Industries and Infrastructure Development, Government of Karnataka, inaugurated IIJS Tritiya 2025 along with Dr. Sharavana

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Augmont Gets 4 Prestigious Awards

Mumbai: Augmont Enterprises Pvt. Ltd. and Augmont Goldtech Pvt. Ltd. have been recognized for their prominent contributions to the bullion and digital gold industry at the 10th India International Bullion Summit (IIBS), hosted by the India Bullion and Jewellers Association (IBJA). The group secured honors across four key categories, reaffirming its leadership and commitment to innovation, transparency, and proficiency in the sector.

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CIBJO Recommends New Definition of ‘Recycled Gold’ 

Milan: The World Jewellery Confederation (CIBJO) is recommending a new definition of “recycled gold״ to be used in the jewellery and watch sectors, so as to provide greater clarity and consistency both within the industry and marketplace. CIBJO will henceforth include the definition in the guidance documents it produces. The definition, which covers recycled materials recovered during manufacturing and fabrication

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SEZ Conclave Stresses Ways to Boost G&J Exports

Mumbai : India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the 2nd SEZ Gem & Jewellery Conclave 2025 at Bharat Ratnam Mega CFC, SEEPZ, reinforcing its commitment to advancing Technology, Branding, and Investment in India’s gem and jewellery sector. Held under the theme ‘SEZ: The Future of Indian Exports,’ the conclave brought together industry leaders and experts to explore strategies for boosting

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Alrosa’s Diamond Prices Down 6% So Far This Year

Moscow: Russia’s Alrosa, the world’s top diamond producer by output in carats, said Tuesday prices for the precious rocks its mines have fallen by 6% since the start of 2015, but expects market conditions to improve by the end of the year. According to Reuters, the company saw its rough diamond prices decrease by 3% in February and a further

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De Beers June Sight of $550 Million

Gaborone: The De Beers June sight closed with an estimated value of $550 million. Diamond prices were reportedly stable at the sight, while sightholders noted a slight increase in the box price of larger goods. Some added that De Beers also improved the assortment quality on those same boxes. Sightholder sentiment remained negative at the sight as manufacturers stated that

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India’s Polished Exports Down 9% in May

Mumbai: Overall exports of gems and jewellery from India during May 2015 declined by 6.9% as compared to a year ago, reflecting the myriad challenges being faced in global markets, as well as the currency fluctuations during this period. Total exports of gems and jewellery during the month of May 2015 stood at US$ 2,504.51 million as compared to US$

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Sterling Silver Jewellery Association Formed

Mumbai: Sterling Silver Jewellery Association (SSJA) was launched yesterday in Mumbai with its primary goals as Promoting, Protecting, and Progressing of the industry. Chairman Mr. Arvind Bafna, officially announcing the formation of the SSIA said, “The silver industry needs to have a strong representation at the government and industry level and at the same time create awareness about the sterling

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