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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Chow Tai Fook Joins WFDB Board

Antwerp: The World Federation of Diamond Bourses (WFDB) is inviting key players in the global diamond and jewellery industries to join its ranks, in an effort to expand the influence and the relevancy of the organization, which was founded in 1947 specifically to protect the interests of diamond bourses and their members. Chow Tai Fook Jewellery Group, the leading jewellery

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Alrosa's Net Profit for 1st Quarter Came Down by 87%

Moscow: ALROSA’s net profit for the 1st quarter of 2020 under IFRS amounted to 3 billion rubles, which is a 74% drop from 11.7 billion rubles compared to the previous quarter and fall of 87% compared to last year due to non-cash factors (foreign exchange loss of RUB 21 bn resulting from the revaluation of foreign currency debt). Revenue in Q1 was

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BlueRock Achieves Record Output after Lockdown

Johannesburg: British miner BlueRock has reported record output since it re-opened Kareevlei, in South Africa, after COVID-19 restrictions were eased. Production has been averaging almost 2,000 tons a day since 11 May 2020, up almost two-thirds on Q4 of 2019. Modifications to its ore-processing equipment have increased production at minimal cost and reduced operating costs at Kareevlei where five kimberlite

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HRD Antwerp Launches Live Online Training Courses

Antwerp: As long as there is no vaccine found for COVID-19, working from home will be the standard. Therefore, access to solid online courses has become more important. As a leading institute for education in the diamond industry, HRD Antwerp (Diamond High Council) launched a series of new courses in the beginning of the international lockdown. These courses were very

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GJC Issues Statewide Guidelines & Multilingual SOPs 

Mumbai: The All India Gem and Jewellery Domestic Council (GJC) has launched a comprehensive industry-wide initiative to safeguard jewellery traders across Maharashtra by rolling out structured guidelines and Standard Operating Procedures (SOPs) aimed at ensuring fair, transparent, and accountable policing practices during theft investigations. This initiative follows the Government of Maharashtra’s circular dated March 14, 2024, and reflects GJC’s proactive

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Roadmap for Gold Innovation & Global Reach

Mumbai: Senior leadership from the World Gold Council’s (WGC) London head office visited the Indian Institute of Gems & Jewellery (IIGJ), Mumbai, on 21 April 2026, with a clear focus on advancing gold jewellery innovation through design, technology and new product concepts. The visit explored collaboration on talent development alongside innovation-led initiatives, with the delegation also interacting with students exhibiting

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Programme of 41st WDC Available on Website

Singapore: The Organizing Committee of the 41st World Diamond Congress (WDC), to be held July 12-15, 2026, in Singapore, announced that the full programme of the three-day event is now available and can be viewed in full on the dedicated Congress website. While the Congress panels for the joint WFDB and IDMA sessions were published earlier, the full programme now

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Platinum Season of Love Begins from 17th April

Mumbai: Platinum Guild International (PGI) India has announced the launch of Platinum Season of Love 2026, its signature nationwide retail activation set to run from 17th April to 31st May 2026 across jewellery stores in India. A key strategic initiative in PGI India’s annual calendar, the programme is designed to drive consumer demand and retail momentum for platinum jewellery across

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