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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Top News

New Social Media Campaign for Natural Diamonds

Antwerp: The World Federation of Diamond Bourses (WFDB) has launched a social media campaign to promote natural diamonds. Called “Moments” the campaign celebrates the emotional significance of natural diamonds in life’s most cherished memories. The first post features a mother gifting her diamond ring to her daughter, saying ‘This diamond has seen me through life’s most precious moments, and now

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Jemora Gemhouse: A New Auction House

Dubai: Jemora Gemhouse, an innovative auction house dedicated to rare and valuable polished coloured gemstones, is set to redefine the gemstone market by bridging the gap between coloured gemstone owners and an exclusive network of buyers. Jemora Gemhouse (JGH), led by Dev Shetty and his team, establishes a sanctuary for the world’s rarest gems. Known for the turnaround of Gemfields,

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UAE Ambassador to India Visits GJEPC Mumbai

Mumbai: H.E. Dr. Abdulnasser Alshaali, PhD, Ambassador of the UAE to India, visited the GJEPC head office and the Bharat Diamond Bourse (BDB) in Mumbai on 23rd January 2025. He was warmly welcomed by Mr. Kirit Bhansali, Vice Chairman, GJEPC; Mr. Anoop Mehta, President, BDB; Mr. Milan Chokshi, Convener – PMBD, GJEPC; Mr. Mehul Shah, Vice President, BDB; and Mr.

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Gems Keep Giving Partners with Petramundi & Margherita Burgener

New York: Gems Keep Giving is thrilled to announce a special collaboration with renowned Italian brands Petramundi and Margherita Burgener to launch a one-of-a-kind jewelry project to support mining communities worldwide. The centerpiece of this initiative is a limited edition of ten GemsKeepGiving pins, beautiful pieces of unisex jewelry designed to raise funds for the organization’s mission to promote sustainable

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Rajesh Exports Registers Record High Sales

Bengaluru: (By Evaluate Research) : Rajesh Exports reported stellar results, ahead of our expectations, both in terms of revenues as well as profits, for the fiscal third quarter [ended December]. The performance continues to beat expectations as growth in the previous quarter was also solid. Revenue increased significantly by 45% YoY to a record high level of Rs.945 bn vs.

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"WFDB & IDMA Represent 2 sides of the Same Coin"

Antwerp: Following the announcement of February 15, i.e., that the International Diamond Manufacturers Association (IDMA) will hold its 40th Congress separately from its sister organization, the World Diamond Federation of Diamond Bourses (WFDB), IDMA President Ronnie VanderLinden issued the following short clarification. “For almost seven decades, IDMA and our sister organization, the World Diamond Federation of Diamond Bourses (WFDB), have

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PGI Launches New “Committolove” Campaign

Mumbai: This Valentine’s Day, Platinum Love Bands launched the second leg of its #Committolove campaign, celebrating modern-day love and relationships. The brand’s holistic influencer strategy takes forward its compelling narrative, by thoughtfully weaving it into each collaboration. Along with a content partnership with India’s leading lifestyle publication, Femina, Platinum Love Bands has also associated with relevant influencer couples who resonate

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IDMA to Hold 40th Congress from March 28-30

Antwerp: “The International Diamond Manufacturers Association (IDMA) announced it will hold its 40th Congress March 28-30, at the beachside Tel Aviv Carlton hotel in Israel. Contrary to earlier World Diamond Congresses, IDMA and its sister organization, the World Diamond Federation of Diamond Bourses (WFDB), will not hold what was to be the 40th edition of the World Diamond Congress together.

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