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

Bharat Diamond Week Opened

Mumbai: 5th edition of “Bharat Diamond Week” (BDW) organized by Bharat Diamond Bourse (BDB) opened with International dignitaries from Angola, Botswana and buying delegation from over 6 economies along with Indian buyers visiting the Exhibition. In spite of the current volatile situation, BDW the “only Diamond and Diamond Jewellery” exhibition saw encouraging participation from buyers. The Bharat Diamond Week 5th

Read More »

India Gem and Jewellery Show Inaugurated

Mumbai: Honourable Governor of Maharashtra, Ramesh Bais, inaugurated the Indian jewellery industry’s most-awaited all-purpose event, India Gem and Jewellery Show (GJS), in a glittering ceremony held at the prestigious Jio World Convention Centre, Mumbai, on Saturday, 30th September 2023. The guest of honour for this Diwali edition of GJS event was Mr. Suvankar Sen, MD and CEO of Senco Gold Ltd,

Read More »

GJEPC Hosts Gem & Jewellery BSM

Mumbai: India’s Gem and Jewellery Export Promotion Council of India (GJEPC), the apex trade organization dedicated to promoting Indian gem and jewellery exports worldwide, organised the Gem and Jewellery Buyer Seller Meet (BSM) at ITC Grand Maratha, Andheri, Mumbai, on September 29th and 30th, 2023. This event is specifically designed to cater to international buyers from the U.S., the U.A.E., Egypt, Germany,

Read More »

G7 Delegation Ends India Diamond Ind. Visit

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) welcomed a high-level G7 delegation that came to India from 27th to 29th September 2023. The delegation comprised members from the U.S. State Department, U.S. Department of Treasury, European Commission, Prime Minister’s office of Belgium, Foreign Trade Department of Belgium, and the Japan Embassy in India.  The delegation visited Mumbai and

Read More »

Mr. Kirtilal Doshi Passes Away at 101

Mumbai: Mr. Kirtilal K. Doshi, former chairman of the Gem & Jewellery Promotion Council (GJEPC), Founding Chairman of the Gemmological Institute of India (GII), and a visionary leader of the Indian gem and jewellery industry, passed away peacefully in Mumbai on 20th November, 2023 at the age of 101. Mr. Doshi was a man of many achievements and contributions to

Read More »

IIJS Signature Attracts Int’l Buyers from Bahrain

Mumbai: The IIJS Signature team has successfully completed its first door-to-door campaign in Bahrain, inviting prominent retailers from the country to visit its upcoming show in Mumbai. At the popular India Pavilion within the Jewellery Arabia show, the team met, interacted and invited the leading retailers from Bahrain. The IIJS Signature team visited various jewellery hubs in Bahrain, including Bab

Read More »

WDC Praises Determination of KP Participants 

New York: World Diamond Council (WDC) President Feriel Zerouki struck a cautiously optimistic note at the conclusion of the 2023 Kimberley Process Plenary on November 10, 2023, at Victoria Falls in Zimbabwe, after the Plenary agreed on 98 items. President Zerouki noted that a real milestone has been set with the finalization of arrangements for the establishment of Permanent KP

Read More »

iTraceiT Partners with Cutwise Group

Hennuyeres, Wallonia, Belgium: iTraceiT, an independent, third-party company specializing in traceability solutions and the creator of the world’s first digital diamond passport has entered into a partnership with the Cutwise Group to permit users of iTraceiT to integrate the data of the Cutwise “DiLog” report for the scans of polished diamonds into their workflow, and thus enhance the traceability of

Read More »

Latest Videos