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

De Beers Realises $450 mln from 9th Cycle

Gaborone: De Beers realised $450 million from the ninth rough diamond sales cycle of 2022 compared to $438 million, a year earlier. The revenue dropped 12.1% when compared to $508 million realised during the eighth sales cycle of the year. De Beers chief executive Bruce Cleaver said the group witnessed good demand for its rough diamonds during the cycle with

Read More »

Price of Fancy Color Diamonds Rose 1.0% in Q3 2022

Ramat Gan: The Israel-based Fancy Color Research Foundation (FCRF) said the average price of all colours and sizes of fancy colour diamonds climbed by 1.0% in Q3 2022. This follows an increase of 0.8% in Q2 2022. This climb was in contrast to the trend in white diamonds, which declined by 6.7%, FCRF said. Fancy Vivids across all colour categories

Read More »

Bigger and Brighter JGT Dubai from 12th Feb 2023

Dubai: Building on the success of its maiden edition, Jewellery, Gem & Technology Dubai (JGT Dubai) is returning to the Dubai World Trade Centre (DWTC) from 12 to 14 February 2023 with more world-class exhibitors, product introductions and the second annual JWA Dubai Awards Presentation Ceremony and Panel Discussion. Designed around the show theme, “The Centre of Business,” and positioned

Read More »

Gaetano Cavalieri to Get IPMI Jun-ichiro Tanaka Award

Milan: The Awards Committee of the International Precious Metals Institute (IPMI) has named Gaetano Cavalieri, President of CIBJO, the World Jewellery Confederation, as the recipient of the 2023 IPMI Jun-ichiro Tanaka Distinguished Achievement Award. It its announcement, the IPMI Awards Committee recognized Dr. Cavalieri as “one of the most prominent leaders in the international jewellery industry, which includes more than

Read More »

GJEPC Advocates ‘Green Exhibitions’ with IIJS

Mumbai: On World Environment Day, The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex trade body sponsored by the Union Ministry of Commerce & Industry, reinforces Commitment to Sustainability with Green Practices at its flagship India International Jewellery Show (IIJS) exhibitions – one of the world’s top 2 B2B Trade shows in the gem & jewellery sector. With the theme of

Read More »

Registrations for CIBJO Congress 2025 Open

Milan: Registrations for the 2025 congress of the World Jewellery Confederation (CIBJO) have opened now. Delegates and other participants may register for the congress via a dedicated congress website located at: www.cibjo.org/congress-2025/. The three-day event will take place from Monday, October 27, through Wednesday, October 29, 2025. The 2025 CIBJO Congress will mark the start of the World Jewellery Confederation’s Centenary

Read More »

IIJS Premiere 2024 Wins Excellence Award

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) recently announced that the India International Jewellery Show (IIJS) Premiere 2024 has been awarded the coveted “Top Source from India Show” honour at the Exhibition Excellence Awards 2025 — for the second year in a row. The award was received by Mr. Shamal Pote, Director – National Exhibitions, GJEPC, in recognition

Read More »

A Welcome Relief for Indian G&J Exporters

Mumbai: A recent U.S. federal court ruling has provided significant relief to Indian jewellery exporters by blocking the implementation of the Trump administration’s proposed “Liberation Day” tariffs. These tariffs included a 26% duty on Indian gems and jewellery exports to the U.S., which posed a substantial threat to India’s $10 billion annual jewellery trade with the United States. Key Developments:

Read More »

Latest Videos