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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Botswana Diamond Exports Fall by 38%

Gaborone: Diamond exports from Botswana mines fell 38 percent to a seven-year low in 2015 as a slump in global market impacted both demand and prices. According to statistics published by the Bank of Botswana yesterday, the value of exports from the major diamond mines in Botswana fell to $2.4 billion (P28.5 billion) in 2015 from $3.9 billion (P45.6 billion)

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GJSCI Signs MOU with Maharashtra Government

Mumbai: Gem & Jewellery Skill Council of India (GJSCI) has signed a Memorandum of Understanding  (MOU) with Maharashtra State Skill Development Society (MSSDS) on 8th February 2016. The MOU was signed in the presence of Chief Minister of Maharashtra Mr. Devendra Fadnavis.  Through this MOU the signatories Mr. Prem Kumar Kothari, Chairman – GJSCI and Mr. S. S. Sandhu, Principal

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Diamond Industry Needs to Help Itself: Alex Popov

Ramat Gan: Next week, on occasion of the International Diamond Week in Israel, the Israel Diamond Exchange will be holding a diamond marketing panel discussion with the participation of Jean Marc Lieberherr, representing the Diamond Producers Association (DPA); the undersigned in his capacity of Chairman of the World Diamond Mark Foundation (WDM); Jeweller to the Stars, Stephen Webster; and Patricia

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Strong H2 Uptick in Gold Demand in 2015

Mumbai: Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half of 2015 as a result of sustained buying from central banks and a strong second half from China and

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