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

Men of Platinum Contest Winners Meet KL Rahul

Mumbai: This cricket season brought to the fore a lot more than sheer talent and performance excellence as is characteristic of the game. It was the display of the finest form of sportsmanship by men who exemplify exceptional values such as courage, perseverance, self – belief and resilience. To mark the season, Men of Platinum had released a film with

Read More »

52 Indian Exhibitors to Participate in JCK Las Vegas

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) presents large Indian contingent of 52 Exhibitors at the India Pavilion at JCK Las Vegas to be held from 10th to 13th June 2022. India would be showcasing a wide variety of trendy and innovative jewellery made for new-age consumers especially for the US market. India Pavilion is spread over an

Read More »

IDE to Host International Diamond Week in March 2023

Ramat Gan: The Israel Diamond Exchange will host a week-long series of professional diamond-related events from March 27-30, 2023 in Tel Aviv and Ramat Gan, Israel. The events will include the Israel Diamond Conference on March 27, 2023, which will feature talks and panels by major personalities in the diamond world, including key diamond producers, government officials, bankers, analysts, influencers,

Read More »

GJEPC & WGC Organised Member Connect Program

Ahmedabad: India’s Gem & Jewellery Export Promotion Council (GJEPC) in association with World Gold Council (WGC) organised A Member Connect Program ‘Membership Outreach & Industry Way Forward’ on 7th June 2022 at Ahmedabad. The program was supported by Jewellers Association Ahmedabad (JAA). The evening commenced with the welcome address by Mr. Mansukh Kothari, Convener, Events, GJEPC to an audience of

Read More »

RBI Increases Gold Loan Availability

Mumbai: The Reserve Bank of India (RBI) has eased rules for gold loans. Those who are seeking loan against gold can now get up to 85% of the gold value as a loan, up from 75%. This new Loan-to-Value (LTV) cap applies to total loan amounts up to ₹2.5 lakh, including interest. For example, if your gold is worth ₹1

Read More »

De Beers Launches ‘Ombré Desert Diamonds’ Jewellery Beacon

Las Vegas: De Beers Group yesterday unveiled compelling new downstream propositions focused on driving desire for natural diamonds as a category and on differentiating polished diamonds sourced from De Beers Group, according to a press release published on the Group’s website. At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers

Read More »

SAJEX ’25:Where the World of Luxury Jewellery Unites

Jeddah: SAJEX 2025 is the definitive B2B jewellery exhibition, bringing together the finest jewellers, designers, manufacturers, and industry leaders from around the world. As the premier trade platform in Saudi Arabia, SAJEX 2025 serves as a gateway to the thriving Middle Eastern jewellery market, fostering business opportunities, innovation, and global collaborations. Explore Sajex- 2025, the world gem and jewellery fair

Read More »

RBI Cuts Repo Rate by 50 BPS

Mumbai: The Reserve Bank of India (RBI) today announced its second bi-monthly monetary policy of FY26. The RBI Governor Mr. Sanjay Malhotra-led Monetary Policy Committee (MPC) decided to cut the repo rate by 50 basis points (bps) to 5.50% from 6.00% earlier. This is RBI’s third consecutive repo rate cut. The MPC also decided to change the policy stance to

Read More »

Latest Videos