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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
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
Top News
PGI (India) Strengthens its Consumer Visibility
Mumbai: Platinum Guild International (PGI) India has announced a focused hyperlocal activation programme ahead of the upcoming wedding season, aimed at strengthening consideration for platinum jewellery across key markets. The programme will run from mid-June to mid-July 2026. Designed to deliver high reach and frequency across premium catchments, the initiative aims to increase visibility for platinum jewellery closer to key
IIJS Bharat Premiere Strengthens GCC Outreach with Deira Gold Souq Campaign
Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) stepped up its buyer outreach in Dubai, placing the famed Deira Gold Souq at the heart of its campaign to drive participation in IIJS Bharat Premiere, scheduled to be held from 5 to 10 August 2026 in Mumbai. With 76% of Dubai’s jewellery buyers concentrated in Deira Gold Souq, the district
Pritesh Patel to Headline Fireside Chat at WDC
Singapore: The 41st World Diamond Congress will feature an exclusive fireside chat with Pritesh Patel, the newly appointed President and CEO of the Gemological Institute of America (GIA), marking one of his first major public appearances in the role on the global stage. Patel steps into the position at a pivotal moment for GIA and the broader diamond trade. Moderated
Booths Allotted to the IIJS Premiere 2026 Exhibitors
Mumbai: In a single day, 34,000+ booths were successfully allotted to 1,800+ companies, turning booth allocation into a celebration of excitement, anticipation, and new beginnings. Exhibitors now know their place on the grand stage and are eagerly counting down to the biggest B2B jewellery gathering of the year. Excitement filled the air as exhibitors found out their booth locations and
Gemewizard Launches Gem Color Academy
Ramat Gan: Gemewizard, the Company in digital solutions for the analysis, description, pricing and trading of color in gemstones and colored diamonds, has inaugurated the Gem Color Academy, its online educational arm that will provide professional-level knowledge and experience for the gem and jewelry industries. With the start of operations, the Gem Color Academy is launching a landmark course dedicated
Gemfields Earns $18.6 mln from Emerald Auctions
Mumbai: Gemfields’ 75%-owned Kagem Mining has raked in $18.6 million from 3.92 million carats of emerald sold in Lusaka, Zambia at an overall average value of $4.75 per carat. The auction saw 37% of the 10.68 million carats offered being sold.Gemfields’ 33 auctions of emeralds and beryl mined at Kagem since July 2009 have generated $608 million in total revenues.
CaratLane – A Tanishq Partnership: Now in Powai
Mumbai: CaratLane – A Tanishq Partnership, is now open at Mumbai’s upbeat neighborhood – City Park in Powai. This outpost of CaratLane brings a brand new jewellery buying experience to shoppers in the vicinity, especially to consumers that love to try before they buy. “The thing I love the most about CaratLane is that their designs are light-weight and made for everyday wear. They also have
GJNRF Donates 2 Vans to Roti Bank
Mumbai: India’s Gems and Jewellery National Relief Foundation (GJNRF) and Bharat Diamond Bourse (BDB) yesterday donated 2 vans to Roti Bank, one of Mumbai’s largest non-profit organisation which bridges the gap between hunger and excess food. Mr. D Sivanandhan, former Commissioner of Police, Mumbai, now Mentor at Roti Bank graced the occasion and addressed the gathering about the Roti Bank. He informed that just in over
