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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40th IIJS Premiere Inaugurated in Mumbai

Mumbai: Hon. Governor of Maharashtra Mr. C. P. Radhakrishnan inaugurated one of the world’s largest gem & jewellery B2B shows – India International Jewellery Show (IIJS) Premiere 2024 organized by India’s apex trade body, The Gem & Jewellery Export Promotion Council (GJEPC) at the JIO World Convention Centre in Bandra Kurla Complex, Mumbai. Mr. Mangal Prabhat Lodha, Hon. Minister of

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‘Indian Association for Gold Excellence and Standards’ Formed

Mumbai: The Indian gold industry has today announced the formation of the Indian Association for Gold Excellence and Standards (IAGES – pronounced as I-AAY-GES), a self-regulatory organisation (SRO) created by the Indian gold industry, for the Indian gold industry and supported by the World Gold Council. IAGES will aim at increasing consumer confidence and enhancing trust in the Indian gold

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Discussion on Strengthening Indian Market for Natural Diamonds

Mumbai: De Beers and India’s Gem & Jewellery Export Promotion Council (GJEPC) held a meeting on 1st August in Mumbai to discuss strategies for bolstering the natural diamond market in India. The discussion centred around the need for education and awareness around natural diamonds. Ms. Shweta Harit, Global Senior VP, De Beers; Mr. Amit Pratihari, Vice President of De Beers

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BDB Hosts Discussion on India’s Budget 2024

Mumbai: Bharat Diamond Bourse (BDB), hosted an insightful Knowledge Session on the implications of the INDIA Budget 2024 on the diamonds and jewellery businesses. The session featured esteemed speakers Mr. Rajendra IRS, former Member of the Income Tax Appellate Tribunal (ITAT) Mumbai, and CA Dr. Mitil Chokshi, Partner Chokshi & Chokshi a renowned tax consultant and advisor. The event was

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India Honoured With ‘Partner Country’ Status at Inhorgenta 2025

Mumbai: India’s Gem & Jewellery Promotion Council (GJEPC) and Messe München GmbH, one of the world’s leading trade fair organisers, signed an MoU to announce India as the Partner Country at Inhorgenta 2025. The trade fair, which will take place in Munich, Germany, from February 21 to 24, 2025, will feature a special pavilion dedicated to showcasing Indian jewellery and

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PNG Jewellers Opens Store in Alibaug

Alibaug: PNG Jewellers, 191 year old legacy jewellery brand recently opened its Alibaug store, inaugurated by Indian film and television star Swapnil Joshi. The PNG Jewellers store, located in the serene surroundings of Alibaug, Raigad (Maharashtra), spans 3,000 sq ft, introducing a diverse and extensive range of jewellery. This curated collection at the store features a sophisticated array of Gold,

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Sonam Kapoor Graces GJEPC’s Artisan Awards

Mumbai: The 7th edition of The Artisan Jewellery Design Awards, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) and powered by GIA, challenged designers to tap uncharted territory by integrating unusual materials and cherished objects into their jewellery designs, to infuse their pieces with a unique identity. Actress and style icon Sonam Kapoor graced GJEPC’s 7th edition of Artisan

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De Beers Launches LGD Detector for Smallest Melee

London: De Beers yesterday announced the launch of its latest lab grown diamond detector, capable of screening 2,500 of the smallest melee in an hour. The AMS Micro (Automated Melee Screening) uses robotic technology to work with stones as small as 0.001-cts, a significant improvement on the 0.0032-cts capacity of its predecessor, the AMS. The new instrument automatically separates natural

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