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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Sky Gold & Diamonds Reports 90% Growth in Q2

Mumbai: Sky Gold & Diamonds has reported a big growth in its net profit and revenue for the Q2 of FY27. The Company posted a consolidated net profit of Rs. 127.87 crore in the quarter ended September 2026, registering growth of 90.9% from Rs 66.99 crore in the year-ago period. Q2FY27 and H1FY27 Financial Highlights (Consolidated) (All figures in ₹

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Unlocking Digital Gold’s US$ 700bn Opportunity

Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents

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Construction of India Jewellery Park, Mumbai Begins

Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant

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Qatar Diamond Exchange Broadens Asian Presence

Doha: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the Diamond Federation of Hong Kong, China (DFHK), establishing a strategic partnership between the two organizations. The agreement was formalized in Hong Kong by Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Lawrence Ma, President of DFHK. Founded in 2000, DFHK represents Hong Kong’s diamond

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Forevermark Red Carpet Collection '19 by India

Mumbai: Since the time the De Beers’ diamond brand was launched,  Forevermark diamonds have  consistently graced the red carpets of all the most important events, worn by the most important   celebrities. This year, 27 Indian retailers   designed jewellery exclusively for the 91st Annual Academy Awards. “Inspired by the talent and strength of Hollywood’s leading women, the jewellery designs will be

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WJA Unveils Designers of India Book

 Mumbai: The Womes’s Jewelry Association (WJA)  India, recently launched a coffee table book titled “Designers of India” during the inaugural  ceremony of the 12th edition of IIJS SIGNATURE. The book was unveiled by the Guest of Honour, Dr Subodh Agarwal, Additional Chief Secretary, Industries, Government of Rajasthan. Also present on the occasion on the dais were Chairman GJEPC, Pramod Kumar

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IIJS Signature and IGJME 2019 Inaugurated

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) presented the trade with two wonderful opportunities to commence the Year’s buying season with the 12th edition of Signature IIJS and the 6th edition of India Gem & Jewellery Machinery Expo (IGJME) from 10-13 February 2019 at the National Exhibition Centre, Goregaon, Mumbai. Dr. Subodh Kumar Agarwal (Addn. Chief Secretary – Industry, Govt. of Rajasthan) and Mr. Pramod

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Boaz Moldawsky Elected as President of IDI

Ramat Gan: The board of the Israel Diamond Institute (IDI) has elected Mr. Boaz Moldawsky for a 3-year term as chairman, a press release from the IDI says. Moldawsky, who has served as acting chairman for the past year, has also been deputy president of the Israel Diamond Exchange (IDE), chairman of the finance committee, and a member of the

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