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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Top News

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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Fraudulent Filling of Fissures in Emeralds

Basel: Based on a number of recent cases, the Swiss Gemmological Institute SSEF is issuing a trade alert concerning a fraudulent practice that has resurfaced in the emerald market. It concerns the filling of fissures in stones after they have been tested, with the emerald stone being offered for sale along with the earlier report that indicated little or no

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Global Jewellery Industry Meets at IIJS Bharat Premiere 2026

Mumbai: Over 2,700+ international visitors from 80+ countries & 50,000+ trade visitors are set to converge in Mumbai for the most anticipated gathering of the global jewellery industry. Among them is Suzan Von Zahn of SVZ Jewellery, South Africa, who shares her excitement about attending IIJS Bharat Premiere 2026 and exploring the exceptional craftsmanship and business opportunities the show has

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Registrations Begin for 2019 Bharat Diamond Week

Mumbai: Registrations for the third edition of the Bharat Diamond Week that will take place at the Bharat Diamond Bourse (BDB) in Mumbai from October 14-16, 2019 have opened, the organisers announced today while also confirming that delegations from China, Australia and a number of Asian countries are expected to participate. Over 1,000 visitors from India and across the world

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GJEPC, BDB Hold Seminar on Opportunities for MSME

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) in association with the Bharat Diamond Bourse (BDB) organised a seminar at the BDB in Mumbai on Friday, May 24, 2019. The seminar was focused on highlighting the opportunities for entrepreneurs falling under the Micro, Small and Medium Enterprises (MSME) category within the gems and jewellery (g&j) industry to grow and

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AWDC Celebrates 100 Years of Diamond Industry

Antwerp: 100 years ago, Antwerp engineer Marcel Tolkowsky was the first person to scientifically determine the perfect way to cut a brilliant diamond. This is not an anniversary the Antwerp diamond industry could let pass by without notice. The Antwerp World Diamond Centre (AWDC) yesterday held a street festival to pay tribute to the most iconic and successful diamond cut

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DiaCam360 to Unveil Automated Diamond Grading

Ramat Gan: DiaCam360 has initiated a new venture that will lead to the automated identification of a diamond’s color and clarity, based on a proprietary database of hundreds of thousands of images of diamonds that were taken with the DiaCam360. All these images were analyzed by the Deep Learning & AI (Artificial Intelligence) platform developed by the AI department of

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