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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Jemora Gemhouse’s 1st Auction of Sapphires

Dubai: Jemora Gemhouse confirms its inaugural auction to occur from March 17-19, 2025, at the Dubai Diamond Exchange. This exclusive event will showcase an unparalleled collection of sapphires from some of the world’s most renowned sources, including Kashmir, Madagascar, and Sri Lanka. Key Highlights for Inaugural Auction: Mr. Dev Shetty, Jemora Gemhouse’s Founder and CEO said, “Our inaugural auction will

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WFDB Presidents’ Meeting 2025 on June 10-11

Antwerp: The World Federation of Diamond Bourses (WFDB) has announced that its next Presidents’ Meeting will be held on June 10-11 in New York City, hosted by the Diamond Dealers Club (DDC) of New York. The annual Presidents’ Meeting is an important international event, convening senior representatives of the 27 member bourses and major players from throughout the diamond pipeline.

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G&J Industry Welcomes the Union Budget

Mumbai: India’s Finance Minister Ms. Nirmala Sitharaman presented the Union Budget for the year 2025-26 in Lok Sabha yesterday which was wholeheartedly welcomed by the Gems & Jewellery industry of the country. Here are the feedbacks received by some industry leaders: Mr. Vipul Shah, Chairman of GJEPC: “Union Budget puts India in the growth path to Viksit Bharat. The Budget

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Kirit Bhansali Presses Challenges Facing NDs

Doha: Mr. Kirit Bhansali, Vice Chairman, GJEPC, delivered a keynote speech at the inaugural session of the Doha International Diamond & Gem Conference, addressing industry leaders and stakeholders. He outlined the pressing challenges facing the natural diamonds (NDs) industry and proposed strategic solutions to ensure its sustainable growth. Highlighting key global concerns, Mr. Bhansali noted:• Declining demand in China, a

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Rajesh Exports Registers Healthy Growth

Bengaluru: (Report by Evaluate Research): Rajesh Exports has reported a healthy growth in revenue and net profit, ahead of our expectations, on a YoY basis, despite a global economic slowdown, indicating that business performance is surely recovering. Net profit for the fiscal first quarter [ended June] came in at Rs.2,784 mn, up 67% on a YoY basis. A double-digit growth in

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India's G&J Exports Continue on Upward Trajectory

Mumbai: India’s gem and jewellery exports continue to be on an upward trajectory. The overall gross exports of Gems & Jewellery recorded a growth of 26.77% to Rs. 24881.52 Cr (18.11% in dollar terms to US$ 3367.53 million) in the month of July 2021 as compared to Rs. 19627.37 Cr. (US$ 2851.15 million) in July 2019 (pre-pandemic). The overall gross

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IGI Certifies 14.6 carat Made in India LGD

Mumbai, India: The International Gemological Institute (IGI) certified a stupendous 14.6 carat, laboratory grown creation at its Mumbai facility. Manufactured by Ethereal Green Diamond LLP, the stone was created using the Chemical Vapor Deposition (CVD) process and is of VS2 clarity in color F. It is reported that the stone is the largest among gem quality, laboratory grown diamonds developed

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Overwhelming Response for IIJS Premiere 2021

Mumbai: Registration for IIJS Premiere 2021, which is being held in Bengaluru for the first time, is in full swing. This time due to Covid restrictions and considering the safety of the visitors, the registration process is completely online and there won’t be an on-the-spot registration facility. Visitors need to visit https://registration.gjepc.org/single_visitor.php to register. Being the first mega gem & jewellery show

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