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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Dutee Chand is Brand Ambassador of Senco Gold

Kolkata: Senco Gold & Diamonds, one of India’s largest jewellery retail chain has signed the internationally acclaimed Indian sprinter and current national champion in the women’s 100m event, Dutee Chand as the company’s new brand ambassador. She will be promoting ‘Everlite’ – the light-weight jewellery range from Senco Gold & Diamonds. The brand is also celebrating the PRIDE month and has rolled

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CIBJO Releases Laboratory-Grown Diamond Guidance

Milan: CIBJO, the World Jewellery Confederation, has announced the public release of its Laboratory-Grown Diamond (LGD) Guidance, which include a set of operating standards and principles for the laboratory-grown diamond sector that are designed to enhance consumer confidence both in the product and the jewellery industry. A key principle of the Laboratory-Grown Diamond Guidance is that, to ensure confidence, consumers

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India’s G&J Exports Rise by 9% in April-May 2021

Mumbai: In the first two months of Fiscal Year 2021-22 (April-May 2021), the overall gross exports of India’s gems and jewellery (G&J) grew 4% to US$6.31 billion (and grew by 9% in Rupee term to Rs. 46414.38 Cr) compared to US$6.10 billion (Rs. 42571 Cr) during the same period of pre pandemic year 2019. Mr. Colin Shah, Chairman, GJEPC, said, “The revival of exports has happened

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GJEPC to Organise IGJS in Dubai from 14 Aug, 2021

Mumbai: Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gem and jewellery trade in India with the support of Govt. of India, is organising the inaugural International Gem & Jewellery Show (IGJS), an in-person exhibition, in Dubai from 14th to 16th August 2021. Mr. Colin Shah, Chairman, GJEPC said, “To cater to the pent-up demand and a call from exhibitors

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IFSCA Permits GJEPC RCMC Holders to Import Gold, Silver Through IIBX

Mumbai: The International Financial Services Centres Authority (IFSCA), the unified regulator overseeing financial activities in GIFT City, has accepted key recommendations made by the Gem & Jewellery Export Promotion Council (GJEPC), allowing holders of a valid Registration-cum-Membership Certificate (RCMC) to access bullion imports through the India International Bullion Exchange (IIBX). Under a revised circular issued on 15 June 2026, valid

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A Webinar on IIBX Gold Supply Mechanism

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IIBX, is organizing a webinar on “IIBX Gold Supply Mechanism for GJEPC Members and SEZ Units” on 19th June 2026 to provide insights into the gold procurement framework through the India International Bullion Exchange (IIBX). The webinar is scheduled from 3 pm onwards. Mr. Ashok Kumar Gautam, MD

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Central Banks Set to Step up Gold Buying over the Next Year

London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also

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India’s G&J Exports Stood at US$ 4.27 Bln in April–May 2026

Mumbai: India’s gem and jewellery exports stood at US$ 4.27 billion (Rs. 40,398.97 crore) during April–May 2026 as compared to US$ 4.55 billion (Rs. 38,848.42 crore) during the corresponding period of the previous year. While overall exports declined by 6.03% in dollar terms, they registered a growth of 3.99% in rupee terms. The figures are provided by India’s Gem &

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