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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41st World Diamond Congress Kicks Off in Singapore

Singapore: With almost every seat taken in the Atrium Ballroom of Singapore’s Park Collection Hotel in City Island’s Marina Bay district, the 41st World Diamond Congress kicked off on July 13. In his welcome speech, Fabio Cascapera, Chair of the Congress Organising Committee and President of the Diamond Exchange of Singapore (DES), noted that since the 24th World Diamond Congress was held in Singapore

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Rapaport Melee Auction at Bharat Ratnam Mega CFC

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with SEEPZ Mumbai, invites members of the gem & jewellery industry to participate in the Rapaport Melee Auction at the Bharat Ratnam Mega CFC from 13th to 16th July. This is an excellent opportunity to source quality melee diamonds through a globally trusted auction platform while connecting with the

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IIJS Bharat Premiere 2026 Promotion Across Thailand

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has expanded its promotional campaign for IIJS Bharat Premiere 2026 across Thailand through a series of meetings with the Embassy of India, leading industry associations, government institutions and jewellery retailers. Varun Chulet, Assistant Director, GJEPC Jaipur, led the outreach aimed at strengthening bilateral trade ties and encouraging greater Thai participation in

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20 under 40: Celebrating the Next Generation of Leaders

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)’s 20 Under Forty Awards celebrate exceptional young leaders shaping the gem and jewellery industry. The GJEPC recently opened nominations for the 2026 edition. Honorees will be recognized at IIJS Bharat – Premiere 2026, being held August 5–9 at the Jio World Convention Centre and August 6–10 at the Bombay Exhibition Centre

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Lucapa Achieves Record Production in Q3

Luanda: Following their announcement earlier this month about achieving record levels of rough diamond production at their Lulo Diamond Project in Angola in Q3 of 2016, Australia’s Lucapa Diamond Co. has now announced corresponding record levels of sales during the same period. Sales of 12,438 carats during the three-month period represent a 206% jump in Q3 2016 compared to 2015,

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How Different are the Campaigns of WDM & DPA?

Hong Kong: First, The World Diamond Mark (WDM) was created by the World Federation of Diamond Bourses to rekindle consumers’ desire for diamonds and diamond jewellery, build trust in the retail jeweller, and consequently to boost demand for natural diamonds throughout the diamond supply pipeline. Operating as the industry’s catalyst, WDM aims to engage all diamond industry stakeholders, and invites

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CIBJO Congress concludes in Yerevan, Armenia

Milan: CIBJO, the World Jewellery Confederation, wrapped up its 2016 congress in Yerevan, Armenia, on Friday, October 28, after five intensive days of discussions on a wide-ranging set of issues facing the gemstone and jewellery industry, and sessions of its specialized commissions covering the diamond, coloured stone, pearl, coral, precious metals and gemmological laboratory sectors, as well as ethics, marketing

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S&P Sees Negative Outlook for Botswana

Gaborone: Standard & Poor’s (S&P) affirmed Botswana’s credit rating and gave the country a negative outlook, reflecting the risks over the next 12 to 18 months if the current diamond-sector slump proves more structural than cyclical in nature. The agency said it maintained its ‘A-­/A-­2’ long­ and short-­term foreign and local currency sovereign credit ratings for the country. Even so,

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