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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Seventh Mubri World Meeting Opens on 29th Sep

Sao Paulo: From the 29th of September to the 1st of October, several countries gather to attend the Mubri World Meeting 2022 with great expectations from the names presented in this edition, 2022 was an exceptional year for Mubri thanks to several actions around the world. This year Mubri broke his own record for the number of successful actions throughout

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Two-Day Convention of Diamond Traders in Antwerp

Antwerp: At 14 & 15 September, Antwerp was home to the wordwide diamond industry. The most important stakeholders talked about the future of diamonds in a new brand new format: FACETS 2022. Two days long different stakeholders were engaged through panel discussions, presentations, networking events and even a pitching competition. With government representatives of diamond producing countries like Angola, Tanzania,

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India's G&J Exports in April-August 2022 Rise by 10%

Mumbai: The Gem & jewellery sector is all set to achieve its export target of USD 46 billion for the year 2022-23. For the cumulative period of April – August 2022, the overall gross exports of gem & jewellery (G&J) witnessed a growth of 10.16% to Rs. 130440.39 crores (4.4% in dollar terms to US$ 16695.56 million) as compared to

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Skill Centre for Rural Youth of Dharampur, Gujarat

Mumbai: Yet another milestone achieved by GJSCI as it inaugurated another Skill Training Centre dedicated to Skill the rural and tribal youth in Dharampur. Dharampur is a town in Valsad district of Gujarat. Alongside the increasing development in urban industries and small businesses, the employment and skill-training of rural youth too plays a crucial role in the development of India’s

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GJEPC Hosted SAJEX 2025 ‘Curtain Raiser’ Event

Jeddah: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the Curtain Raiser event for the Saudi Arabia Jewellery Exposition (SAJEX) 2025 at The Ritz-Carlton, Jeddah on 6th July. The evening brought together key dignitaries and trade leaders, marking the formal launch of the much-anticipated exposition. The event was graced by Hon’ble Chief Guest Mr. Fahad Ahmed Khan Suri, Consul

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KISNA Opens Showroom in Borivali, Mumbai

Mumbai: KISNA Diamond and Gold Jewellery, one of India’s foremost jewellery brands, proudly announces the grand opening of its 82nd exclusive showroom at Sky City Mall, F-02, First Floor, Devipada, Western Express Highway, Borivali. This milestone reinforces KISNA’s commitment to making luxury diamond and gold jewellery more accessible across India, furthering its vision of ‘Har Ghar KISNA.’The prestigious launch event

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David Kellie to Step Down from NDC Post

Mumbai: Mr. David Kellie has announced that he will be stepping down as CEO of the Natural Diamond Council (NDC) by the end of 2025. He has expressed his decision in a post on the Linkedin. The post says, “Following the successful signing of the Luanda Accord committing more diamond producers to provide funding support for the promotion of natural

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De Beers to Relaunch Institute of Diamonds at IIJS

Mumbai: Are you attending the India International Jewellery Show Premiere (IIJS) 2025 this July? If so, make sure to save the date for the De Beers Group ‘Show & Tell’ event being held in partnership with the India Natural Diamond Retailers Alliance (INDRA). India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the IIJS from 30th July to 4th

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