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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Forevermark Unveils Next Gen. Retail Concept in China

Beijing: Forevermark, the diamond brand from De Beers Group, recently unveiled the first boutique in its Next Generation Retail Concept, located within renowned jewellery department store, Caibai in Beijing. The newly renovated 100 square metre boutique breaks away from the traditional across-the-counter service, inviting consumers to discover the world of Forevermark through an immersive, interactive and informative experience. This is

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GJEPC-Gem Testing Lab, Jaipur & eBay Sign Agreement

Jaipur: The Gem & Jewellery Export Promotion Council (GJEPC) commences the new year with a significant initiative to add another layer of trust and credibility to “Make in India” products, sold across the world! In a strategic initiative, GJEPC-Gem Testing Laboratory (GTL), Jaipur, and global e-commerce company eBay signed one-of-its-kind agreement for a certification program for eBay sellers. Under the

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GJEPC Organized 45th Awards Function

Piyush Goyal asks gems and jewellery exporters to enrol for NIRVIK Scheme Govt. exploring usage of unused SEZ land for Jewellery ParksHelp every karighar to own a house using PMAY New Delhi: On the momentous occasion of the 45th India Gem and Jewellery Awards function organised by the Gem & Jewellery Export Promotion Council (GJEPC) held in the Capital, Shri

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GJC Announces 9th Edition of NJ Awards

Mumbai: All India Gem and Jewellery Domestic Council (GJC), the apex body for domestic jewellery sector, announces the 9th edition of National Jewellery Awards (NJA) 2019, one of the highly awaited and acclaimed Jewellery awards in India. The jury this year consists of Bollywood’s celebrated jewellers, Jewellery designers, socialists fashion designers and B-Town’s celebrities. This year, NJA awards is having 35 awards

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Gold Smuggling Arrests Jump 750% YoY in India

Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have

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