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

Read More »

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

Read More »

Top News

Register for Artisan Awards 2025

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organized the 2025 Artisan Awards. It presents the following theme for designers to create, play & push the limits of design: Indian jewellery craft techniques have long been revered for their intricacy, cultural significance, and timeless beauty. In the global contemporary jewellery landscape, these techniques are being revived and reimagined

Read More »

New Collaboration for KGJF 2024

Kolkata: Informa Markets is excited to announce a significant collaboration with the Calcutta Gem & Jewellery Welfare Association (CG&JWA) for the upcoming Kolkata Jewellery & Gem Fair 2024 (KJGF). This partnership represents a dynamic fusion of global expertise and local industry knowledge, aimed at delivering an exceptional event for the jewellery and gemstone sectors. The Kolkata Jewellery & Gem Fair

Read More »

CIBJO Special Report on Precious Metals

Milan: As the countdown to the 2024 CIBJO Congress in Shanghai continues, the third pre-Congress Special Report has been released. Prepared by the CIBJO Precious Metals Commission headed by Vaishali Banerjee, Managing Director of PGI India, the report offers a comprehensive analysis of the gold, platinum, palladium, and silver markets over the past year. The group of precious metals showed

Read More »

India’s Imports of Russian Diamonds Increased

New Delhi: India’s imports of Russian diamonds have increased during January-June 2024 by 22% year-on-year to 4.1 million carats, according to the official data of the Indian Ministry of Commerce and Industry. In June, Russian exports amounted to 347,620 carats, which is almost 32% more than in June last year. In six months, most of the supplies, about 77%, accounted

Read More »

P N Gadgil Jewellers to Launch IPO

Mumbai: P N Gadgil Jewellers Limited, the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS-registered outlets in India has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company’s initial public

Read More »

Call for Direct Flights Between Belgium & India

Mumbai: Diamond traders in Antwerp are calling on Air India to introduce non-stop flights to Delhi and Mumbai, reports idexonline.com. They’ve written to the airline saying the move would save travelling time and allow them to streamline their operations. There is currently no direct service between Belgium and India, two of the world’s biggest diamond hubs. Many passengers change in

Read More »

Gems and Jewellery Show from 2 to 5 April

Mumbai: All India Gem and Jewellery Domestic Council (GJC) announced on Friday that it is organising the 5th edition of its flagship event India Gem and Jewellery Show (GJS April 2024) from 2nd to 5th April 2024 at the Jio World Convention Centre in Mumbai. GJS events are known as the Indian jewellers’ #HamaraApnaShow, and have become a ‘must to attend’ for future

Read More »

Bookmark These Platinum Jewellery Trends

Mumbai: With the onset of spring, it’s time to take the style game a notch higher with jewellery trends that have the runways blazing!  2024 is all experimenting with these new style trends and letting your jewellery take centre stage! This year jewellery isn’t simply about accentuating a look or just following but about adapting that trend to express your

Read More »

Latest Videos