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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PGI Hosted Business Forum

Hong Kong: In October, Platinum Guild International (PGI) hosted the two-day 2019 Platinum Jewellery Business Forum in China’s jewellery manufacturing hub of Shenzhen, which received widespread attention within the platinum and jewellery industry. The Business Forum was attended by leaders and distinguished guests from along with top figures and experts both from China and overseas. The theme for the forum

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Surge in ETF Inflows Supports Q3 Gold Demand Growth

Mumbai: Global gold demand grew modestly to 1,107.9t in the third quarter of 2019, a rise of 3% on the same period last year, according to the World Gold Council’s latest Gold Demand Trends report. A surge in exchange-traded fund (ETF) inflows outweighed softer demand elsewhere in the market. Although central bank demand remained healthy, it was significantly lower than the record

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ASDI Device by SSEF Achieves 100% Accuracy

Basel: The Automated Spectral Diamond Inspection (ASDI) device, an automated small synthetic diamond screener that was first released in 2014 by the Swiss Gemmological Institute SSEF, has been evaluated by the ASSURE Program of the Diamond Producers Association (DPA) and proved to be one the few instruments to have successfully passed 100% of the tests administered. This means that all stones categorised by the instrument as

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Gemfields Partners with Gubelin Gem Lab

Mumbai:  Gemfields is advancing the industry as the first company to offer coloured gemstones for sale complete with Gübelin’s Provenance Proof technologies, not only citing the gemstone’s place of origin, but also setting up an encrypted record of a gemstone’s journey as it changes hands from mine to consumer. At the end-of-year emerald and ruby auctions, several schedules of Gemfields’ high-value

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IIJ Awards on 2nd October in Mumbai

Mumbai: The India International Jewellery Awards (IIJA), an initiative by IBJA (India Bullion and Jewellers Association Ltd.) & Tefla’s is back—bringing together industry excellence, inspiring stories, and a distinguished celebrity jury. A $90B+ industry — and until now, no single honour platform that recognized all of it: from the master karigar at the workbench to the global icon whose work

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GJC & SGL Sign MoU to Launch SGL Pavilion at GJS Diwali Edition 2026

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) and SGL (Solitaire Gemmological Laboratories) have entered into a strategic Memorandum of Understanding (MoU) to launch the SGL Pavilion at the GJS Diwali Edition 2026, scheduled from 2nd to 4th October 2026 at the Jio World Convention Centre, Mumbai. The dedicated SGL Pavilion, comprising 40 booths, will bring together leading

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Botswana Unearths Massive 1,305 ct. Diamond

Gaborone: Africa’s leading diamond producer, Botswana, has reinforced its status as a global powerhouse in the gemstone industry after a massive 1,305.4-carat diamond was recovered from the country’s renowned Karowe mine, adding yet another extraordinary discovery to its record of producing some of the world’s largest and most valuable diamonds. The stone is categorized as white and is unbroken, the

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Forevermark Diamond Jewellery Opens First Store in Bengaluru

Bengaluru: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in South India with the launch of its first store in Bengaluru, marking a significant step in the brand’s retail expansion journey in India. Located at Phoenix Mall of Asia, one of Bengaluru’s premier luxury retail destinations, the new store strengthens Forevermark’s presence in one of the country’s

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