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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Gemfields’ Final Film Explores July’s Birthstone

Mumbai: Gemfields has released fourth and final instalment in its short film series devoted to coloured gemstones. Fittingly, this one is all about the ruby – the vibrant birthstone for the month of July. Representing passion, prosperity and protection – early warriors would even carry them into battle – rubies hold a special place in the hearts of many, their

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Global Rough Output -6.8% to $13.47 Bln. in '19: KP

Mumbai: Worldwide rough diamond production in 2019 slipped 6.8% in value terms to $13.47 billion, and dropped 12% in volume to 130.34 million carats, according to statistics released by the Kimberley Process (KP), the global monitoring system that was set up to prevent conflict diamonds. The average price of rough production in 2019 increased 6.1% to $103.41 per carat as

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GJEPC Discusses Critical Issues with FM

Mumbai: The chairman of India’s Gem and Jewellery Export Promotion Council (GJEPC) Mr. Colin Shah, vice chairman Mr. Vipul Shah and executive director Mr. Sabyasachi Ray held a video meeting with the Hon’ble Finance Minister (FM), Mrs. Nirmala Sitharaman, on 6th July, and made a presentation on the critical issues concerning the gem and jewellery industry with the Finance Ministry.

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Appeal to Voluntarily Curtail Rough Imports in India

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) along with four prominent diamond bodies Bharat Diamond Bourse (BDB), Mumbai Diamond Merchants Association (MDMA), Surat Diamond Association (SDA) and Surat Diamond Bourse (SDB) have jointly appealed to the Indian industry to once again voluntarily curtail imports of rough diamonds between 10th and 31st July, 2020. The situation will be reviewed

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Grow Your Business, Attend ‘Innov8’ at IIJS Bharat Premiere

NATURAL DIAMONDS: DESIRE, CONFIDENCE, COLLABORATION & LEADERSHIP: Mumbai: The Count down for IIJS Bharat Premiere 2026, being organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) has begun. At IIJS Bharat Premiere 2026, GJEPC × GIA presents Innov8 Talks, powered by IGM (India Gold Metaverse), bringing together global leaders from the natural diamond industry to explore the future of

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India’s CG, Dubai, V V Reddy, Interacts with BDB Committee

Mumbai: India’s Consul General (CG) to Dubai, Mr. Vishnu Vardhan Reddy, visited the Bharat Diamond Boure (BDB) complex on July 24. He engaged with members of the BDB Committee. The visit enabled the CG to gather better insights into the functioning of the diamond trade, the operations within the Bourse. He also observed the smooth functioning of import-export trade in

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Dhoni Joins Malabar Gold as Brand Ambassador

Mumbai: Malabar Gold & Diamonds, a responsible jeweller, recently announced MS Dhoni as its Brand Ambassador, marking the beginning of a long-term association centred around The Responsible Jeweller, the brand’s philosophy of taking responsibility beyond jewellery. At a time when consumers are placing greater emphasis on transparency, authenticity and trust, Malabar Gold & Diamonds is reinforcing its commitment to responsibility across every

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IIJS Bharat Premiere Receives Special Messages from India’s FM, Gujarat CM

Mumbai: IIJS Bharat – Premiere 2026 has received special messages from India’s Finance Minister and Minister of Corporate Affairs, Mrs. Nirmala Sitharaman and also from Gujarat Chief Minister Mr. Bhupendra Patel, recognizing India’s growing leadership in the global gem & jewellery industry. IIJS Bharat Premiere has grown into one of the world’s leading business platforms for the gem and jewellery

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