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’ Film Provides Buyer’s Guide to Gemstones

Mumbai: Gemfields is delighted to introduce the third instalment in its short film series dedicated to coloured gemstones. June sees the release of the Buyer’s Guide film, the aim of which is to educate consumers on every aspect of purchasing coloured gemstones, with a vivid depiction of the origins and contemporary allure of rubies and emeralds using the most sophisticated

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DPA now Becomes Natural Diamond Council

New York: Diamond Producers (DPA) yesterday relaunched as the Natural Diamond Council (NDC). The NDC will continue the DPA’s mandate to promote the desirability of natural diamonds and support the integrity of the diamond jewelry industry. As part of the launch, the NDC is repositioning its “Real is Rare, Real is a Diamond” consumer campaign with a new focus under

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De Beers may Shift its Sight Location Temporarily

Gaborone: The global diamond giant, De Beers is working with Botswana’s government to temporarily move viewings to places closer to international diamond centres, with sales still recorded in the country, to try to restart trading hit by coronavirus travel restrictions. Anglo American unit De Beers sells 90 percent of its total supply from Gaborone, capital of Botswana, whose economy relies

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GJC Postpones India Gem & Jewellery Show

Mumbai: The India Gem & Jewellery Show (GJS) which was scheduled to be orgnaized between 25th and 29th June, 2020 by the All India Gem and Jewellery Council (GJC) in Mumbai has been postponed due to wide spread of the COVID-19 pandemic. In a letter addressed to the exhibitors and visitors, signed by the GJC chairman Mr. Anantha Padmanabhan and

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Forevermark Hosted Forum 2014

Jaipur: Forevermark, the diamond brand from De Beers group hosted the 3rd Annual Forevermark Forum in The Pink City to celebrate the brand for the year 2014. The three day interactive forum held from 02nd till 04th June 2014 in the city of Jaipur for its key associates & stakeholders was a massive success and was attended by India’s leading

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JCK Show to Remain a Four-Day Format

Las Vegas: JCK Las Vegas will continue as a four-day show, according to an announcement sent out to exhibitors. “While some customers had expressed a desire for JCK to extend to five days, the research simply did not indicate enough interest to justify a fifth day and the costs associated with an extra day,” said a note sent out to

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De Beers Sending AMS Machines to Sightholders

Gaborone: Jonathan Kendall, President of De Beers’ International Institute of Diamond Grading & Research (IIDGR), said the Automated Melee Screening (AMS) instrument is being dispatched to Sightholders across the globe. The first installation and training sessions successfully took place at the end of June with Tasaki and Rosy Blue in Japan. “The focus has now shifted to installing the AMS

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Antwerp Diamond Trade Fair in February 2015

Antwerp: The organizers of the Antwerp Diamond Trade Fair (ADTF) announced the 2015 dates of this unique by-invitation-only international loose diamond trade show. The sixth edition of the ADTF will open its doors on Sunday, February 1st, and close on Tuesday, February 3. The ADTF’s dates are in sync with those of other prestigious jewellery industry events in the region

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