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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Newly Elected WFDB President Mehul Shah Shares Vision for Industry

Mumbai: Mehul Shah, Vice President of Bharat Diamond Bourse (BDB) and newly elected President of World Federation of Diamond Bourses (WFDB) said that he and the WFDB committee led by him will focus on reaffirming the industry’s collective commitment to strengthening consumer confidence, and reinforcing the enduring value of natural diamonds. “We will focus on implementing the shared global vision

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Senco Gold Opens Store in Bhubaneshwar

Bhubaneshwar: Senco Gold & Diamonds marked the beginning of the festive season with the grand launch of its flagship Janpath store in Bhubaneswar, inaugurated by actor Ms. Rakul Preet Singh. The occasion brought together festive glamour, timeless craftsmanship and contemporary design, offering customers an early glimpse into the season’s most coveted jewellery trends, from statement natural diamond creations for weddings

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Ekati Diamond Mine to Close Following Unsuccessful Sale Process

Toronto: Canada’s Ekati diamond mine is set to cease operations after owner Burgundy Diamond Mines failed to secure a buyer for the asset during a court-supervised sale process. According to documents filed with the Supreme Court of British Columbia, the sale process did not attract any compliant bids, leaving the company without the funding needed to continue operations. Burgundy has

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IIJS Bharat Premiere Receives Message from PM

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 42nd edition of IIJS Bharat – Premiere from 5th to 9th August 2026 at Jio Convention Centre, BKC and from 6th to 10th August at the NESCO, Goregaon, Mumbai. On this occasion, India’s Prime Minister Mr. Narendra Modi has sent a special message to the GJEPC wishing the

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Pink Diamond Jewelled Tiger Now on Perth Mint Coins

Perth: As one of the most powerful animals in Eastern culture, the majestic tiger has been immortalised in rare Argyle pink diamonds on The Perth Mint’s most significant release for 2020. The opulent Jewelled Tiger coin is crafted from 10oz of 99.99% pure gold and adorned with a finely sculptured three-dimensional 18 carat rose gold tiger pavé set with nearly

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GJEPC Holds Training Program for Kolkata Customs

Kolkata: To facilitate the export from the Eastern Region of the country, the GJEPC arranged a weeklong training program on Gold & Jewellery Appraising for the officers of Kolkata Customs. The training was held from January 6-10, 2020 at Kolkata Custom’s Board Room, International Cargo Complex, Kolkata Airport. GJEPC arranged the faculty from Indian Diamond Institute (IDI) Surat to train

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Forevermark Unveils Next Gen. Retail Concept in China

Beijing: Forevermark, the diamond brand from De Beers Group, recently unveiled the first boutique in its Next Generation Retail Concept, located within renowned jewellery department store, Caibai in Beijing. The newly renovated 100 square metre boutique breaks away from the traditional across-the-counter service, inviting consumers to discover the world of Forevermark through an immersive, interactive and informative experience. This is

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GJEPC-Gem Testing Lab, Jaipur & eBay Sign Agreement

Jaipur: The Gem & Jewellery Export Promotion Council (GJEPC) commences the new year with a significant initiative to add another layer of trust and credibility to “Make in India” products, sold across the world! In a strategic initiative, GJEPC-Gem Testing Laboratory (GTL), Jaipur, and global e-commerce company eBay signed one-of-its-kind agreement for a certification program for eBay sellers. Under the

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