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

Read More »

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

Read More »

Top News

WGC Submits Report to Form Bullion Bank

Mumbai: The World Gold Council (WGC) has suggested the government to allow Indian banks to trade and facilitate trading in physical bullion and its derivatives to bring transparency in the bullion trade. In a report ‘The need for Bullion Bank in India’ submitted to the government, the Council has suggested that banks with proper checks and balances should be given

Read More »

CIBJO Releases Pearl Special Report

Milan: With fewer than three weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the eighth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Pearl Commission, headed by Kenneth Scarratt, it looks at the growing impact of environmental and conservationist factors on the pearl sector, noting that these pose

Read More »

PNG Jewellers Opens Two New Stores

Pune: Strengthening its footprint in suburban areas and Pune District, Legacy Brand PNG Jewellers has opened two new stores, one at southeastern suburb Undri and the other at Manchar on Pune- Nashik Road. The store at Undri was inaugurated by renowned Bollywood actress Raveena Tandon, while the store at Manchar was inaugurated at the hands of popular Marathi actress Sai Tamhankar in presence of Chairman

Read More »

Female Purchasing Power Increases in Diamonds

Gaborone: The latest diamond industry research published today by De Beers Group reveals that the share of US women buying their own engagement ring doubled from seven per cent to 14 per cent within a five year period, and when women buy their own diamond engagement ring they spend on average 33% more than men – $4,400 compared with $3,300.

Read More »

De Beers Introduces Desert Diamonds Icons

Las Vegas: At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group yesterday set out its view on the way forward for the natural diamond sector, calling on the trade to work together to capitalize on the early success of the Desert diamonds ‘beacon’ campaign with the introduction of Desert diamonds Icons. The Desert

Read More »

Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund

Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President

Read More »

GJEPC Showcases India’s Craftsmanship at JCK Las Vegas

Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning

Read More »

Edward Asscher Re-Elected as RJC Vice Chair

London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run

Read More »

Latest Videos