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

Lukson Opens its 10th Exclusive Store in Bandra

Mumbai: Lukson, one of India’s fastest-growing lab-grown diamond jewellery brands and the D2C arm of the 34-year-old JK Star Group, announced the opening of its 10th exclusive retail store in Bandra, Mumbai, one of India’s most coveted fashion, luxury, and lifestyle destinations. The milestone opening marks a significant chapter in Lukson’s rapid retail expansion and reinforces the brand’s commitment to making

Read More »

JGA 2026 Opened in Hong Kong

Hong Kong: Nearly 1,100 exhibitors from around 30 countries and regions have gathered at the Hong Kong Convention & Exhibition Centre to showcase their latest collections to international buyers at Jewellery & Gem ASIA Hong Kong (JGA) 2026, which runs until Sunday, June 21, 2026. Organised by Informa Markets Jewellery, Asia’s No.1 mid-year B2B jewellery buying destination brings together two co-located

Read More »

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

Read More »

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

Read More »

De Beers' Cycle 5 Sales Drop

De Beers Group’s Cycle 5 2019 (provisional) rough diamond sales (Global Sightholder Sales and Auctions) amounted to US$ 390 million, the lowest for the past 18 months. While Cycle 4 2019 rough diamond sales (actual) amounted to US$ 416 million; sales for Cycle 5 2018 (actual) stood at US$ 581 million. Hence, the latest sale represents a drop of almost

Read More »

PNG Jewellers Partners with Forevermark Diamonds

Mumbai: PNG Jewellers, a brand that embodies values, trust, and who are strong believers of innovation have partnered with Forevermark, the diamond brand from the De Beers Group, to retail Forevermark diamonds across all their stores in India. Forevermark diamonds are the world’s most carefully selected diamonds, while PNG Jewellers is known for its high standards of precision and quality in crafting their diamond jewellery. The synergy

Read More »

Aisshpra Gems & Jewels Gets Double Distinction

Mumbai: Headquartered in Gorakhpur, Aisshpra Gems & Jewels, known as one of the most progressive brands in the market since 1940 gets recognized as the “Transformational Brand of the Year at World Consulting and Research Corporation’s Awards (WCRCInt. wards 2019) on 24th & 25th June 2019 at House of Lords, Westminster, British Parliament London. On behalf of the brand, the award was received by Mr. Atul Saraf, Mr. Anoop Saraf,

Read More »

Rio Tinto Celebrates 30 years of Indo-Argyle Partnership

Mumbai: Rio Tinto’s diamonds business is celebrating 30 years in India with a tribute in Mumbai to the extraordinary Indo-Argyle partnership. At a celebratory dinner for customers and diamond industry partners, Rio Tinto’s management reflected on the ground breaking partnership that began with the first influx of diamonds from the Argyle diamond mine in Western Australia in the 1980s. Mr

Read More »

Latest Videos