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 Partners with Fashion and Art Worlds

Miami: Gemfields is partnering with Whitewall to present ‘GEOCHROM’ by Sebastien Leon for this year’s Design Miami/ global design forum. The result is an artistic experience that will bring to life the inimitable beauty of responsibly sourced gems, celebrating the unique story within every gemstone. Sebastien Leon is a French Los Angeles-based artist and designer. Through his multi-disciplinary work, Sebastien brings

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KP Insists to Observe Caution about CAR Shipments

New Delhi: The Kimberley Process (KP) Plenary Meeting was held in New Delhi, India, on November 18 to 22, 2019. This notice addresses the implications of the agreement at the gathering by KP member countries to restructure the Operational Framework System created for the Central African Republic (CAR), while maintaining the current strict monitoring of exports. This is a provisional modification that

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First Round of Jury Concludes for Artisan Awards

Mumbai: Eminent jury comprising renowned fashion, design and jewellery experts recently completed the first Jury round for the 3rd Artisan Jewellery Design Awards 2020 organised by Gem and Jewellery Export Promotion Council (GJEPC) in Mumbai. The theme Architectural Gems, the Artisan Awards 2020 looks at celebrating three key periods from different architectural eras – Art Deco, Islamic Arabesque and Neo-Futurism. The jury comprised of Interior Designer Ashiesh Shah,

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Gold Jewellery Hallmarking Mandatory from Jan 2021

New Delhi: Hallmarking of gold jewellery and artefacts will be made mandatory across the country from January 15, 2021, to ensure the purity of the precious metal, Consumer Affairs Minister Mr. Ram Vilas Paswan announced on Friday. A notification in this regard will be issued on January 15 next year and the decision will come into effect after a year,

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GJEPC Takes Bold Stance on Recent Hike in Import Duty

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) acknowledged the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. An official statement issued by the organization says, “As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honorable Prime Minister Mr. Narendra Modi. In response to

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Need to Further Strengthen Trust in the System: KP Chair

Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 commenced in Mumbai under India’s Chairmanship. The meeting, being held from May 11 to May 14, 2026, has brought together representatives from Kimberley Process Participants, Observers and industry stakeholders from across the world to deliberate on key issues related to the global trade in natural diamonds. Addressing the gathering, KP Chair 2026,

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Sky Gold and Diamonds Appoints MSKA & Associates

Mumbai: Sky Gold and Diamonds Limited has appointed M/s M S K A & Associates LLP, Chartered Accountants, a member firm of BDO International, as the Statutory Auditors of the Company and its material subsidiaries, subject to shareholders’ approval. The appointment has been approved by the Board of Directors following the recommendation of the Audit Committee. The move marks a

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Reena Ahluwalia’s Painting Accessioned into Smithsonian

Toronto: Visual Artist Reena Ahluwalia’s painting, “The Legacy of The Winston Red Diamond,” has been accessioned into the Smithsonian National Museum of Natural History. At a May 6 ceremony in the Janet Annenberg Hooker Hall of Geology, Gems, and Minerals, Dr. Gabriela Farfan, the Coralyn W. Whitney Curator of Gems and Minerals, accepted the painting. This is the first contemporary

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