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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European Natural Diamonds Exempted from US Tariffs

Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner

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De Beers’ Rough Production Rises 88% in Q2 2026

London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during

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Only Natural Diamonds Should be Graded with 4Cs: CIBJO

Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the

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Forevermark Diamond Jewellery Enters East India

Kolkata: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in East India with the launch of its new store at South City Mall, Kolkata, marking the opening of its 10th store in India and another significant milestone in the brand’s retail expansion journey. Inaugurated by filmstar Raima Sen, the store brings Forevermark’s signature collection of natural diamond jewellery to one of the

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GJEPC to Hold Jewellery Design Workshop

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organized 2-day Jewellery Design Workshop on 2nd and 3rd May, 2019 at the Bharat Diamond Bourse, Mumbai. The workshop titled ‘Aatman Inspirations 2020’ will decode jewellery trends into product collection, visual merchandising and product marketing. The workshop is divided into three modules 1) Creative, Design and Product Development Cycle 2)

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Platinum to Outshine Gold This Akshay Tritiya

Mumbai: Platinum jewellery is set to Outshine gold this Akshay Tritiya as it has become 18% cheaper than the yellow metal. Jewellers and bullion dealers said that platinum has become popular among young Indian men, who are buying platinum bracelets and chains, and that the trend of 40 per cent growth seen over the past one year may continue till

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Rio Tinto Reveals Rare Large White Diamond

Perth: Rio Tinto’s Argyle diamond mine has produced one of the largest gem quality white diamonds in its 35 year history. The 28.84 carat gem quality white diamond was recovered from the east Kimberley mine in March 2019. Named Argyle Octavia™ in recognition of its beautiful octahedral shape, this rough diamond will be sold by tender in Antwerp later this

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CIBJO Presents Plan to Promote Responsible Sourcing

Paris: Speaking in Paris today to a plenary session of the 13th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), CIBJO President Gaetano Cavalieri has delineated a comprehensive plan for promoting responsible sourcing practices throughout the jewellery, gemstone and precious metals sectors, which includes the release this past January of CIBJO’s new Responsible

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