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

Gems Keep Giving Relaunches with New Board

New York: Gems Keep Giving (GKG), an International Colored Gemstone (ICA) industry initiative that supports communities in artisanal colored gemstone mining and cutting communities, has recently reorganized, appointing a new board and Chair. Securing its stature as an independent, not-for-profit (501-C3) charitable organization, Gems Keep Giving newly elected Board members are Hayley Henning (Chair), Damien Cody, Clement Sabbagh, Ruth Benjamin-Thomas, Brian

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Augmont Gold For All Wins Top Honours

Mumbai: Augmont Gold For All, one of India’s largest fully integrated Gold-Tech companies, announced its double victory at the India Gold Conference 2023-24. The company has secured two of the industry’s most prestigious awards: Leading Gold Bullion Refiner (All-India) of 2023-24 and Innovative Digital Gold Player of 2023-24. These accolades underscore Augmont’s dominance and pioneering spirit in the gold market. The

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PNG Jewellers’ IPO Opens on 10th September

Mumbai: P N Gadgil Jewellers Ltd. (the “Company”) proposes to open its initial public offering (“Offer“) on Tuesday, September 10, 2024. Bid/ Offer Closing Date will be Thursday, September 12, 2024. Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, that is, Monday, September 09, 2024.  The Price Band of the Offer has been fixed from ₹456

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Celebrate Onam with Platinum Jewellery

Kochi: Onam, a festival that symbolizes new beginnings and the promise of prosperity, brings with it the perfect opportunity to celebrate with something truly special. As families gather to create vibrant Pookalams, share the sumptuous Onam Sadhya, and celebrate the legendary return of King Mahabali, there’s no better way to elevate your festivities than with the timeless beauty of platinum

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CIBJO Blue Books to be Spotlighted

Milan: A three day course tailored for jewellery industry professionals, which will take place from August 21 to August 23, 2024, at GIT in Bangkok, Thailand, will present ethical and sustainable best practices in the various sectors of the jewellery industry, as they are delineated in CIBJO’s Blue Books. The course is being offered jointly by the recently established CIBJO

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PGI’s BSM 2024 is Shaping Industry’s Future

Kochi: Platinum Guild International (PGI) India concluded yet another successful edition of its annual ‘Platinum Buyer-Seller Meet,’ on the 4th and 5th of July 2024.  Every year, the prestigious event, brings together the leading names from across the jewellery industry and offers them a platform to collaborate and work towards collective business development for platinum. Held at the Grand Hyatt,

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Shankar Mahadevan to Enthrall IIJS Networking Night

Mumbai: Shankar Mahadevan, the celebrated Indian singer and composer will enthrall the audience at the IIJS Networking Night on 8th August, 2024. The musical event is supposed to be unforgettable experience! Work hard and party even harder as you connect with buyers and live candid moments together. Shankar Mahadevan is among the greatest Indian vocalists alive, having risen to fame

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GJEPC Targets Key Bangladesh Retailers 

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has launched an extensive visitor promotion campaign for the upcoming IIJS Premiere 2024 in Bangladesh from 6th to 13th July. Mr. Kaushik Ghosh, Assistant Director Kolkata, GJEPC, is actively engaging with executive members of the Bangladesh Jewellers Association (BAJUS) to highlight the significance of this year’s IIJS Premiere. The promotion is

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