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 »

Programme of 41st WDC Available on Website

Singapore: The Organizing Committee of the 41st World Diamond Congress (WDC), to be held July 12-15, 2026, in Singapore, announced that the full programme of the three-day event is now available and can be viewed in full on the dedicated Congress website. While the Congress panels for the joint WFDB and IDMA sessions were published earlier, the full programme now

Read More »

Platinum Season of Love Begins from 17th April

Mumbai: Platinum Guild International (PGI) India has announced the launch of Platinum Season of Love 2026, its signature nationwide retail activation set to run from 17th April to 31st May 2026 across jewellery stores in India. A key strategic initiative in PGI India’s annual calendar, the programme is designed to drive consumer demand and retail momentum for platinum jewellery across

Read More »

Edward Asscher Announces Candidacy for VC of the RJC

Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue

Read More »

Industry Expectations on Akshay Tritiya Sales

Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold

Read More »

Latest Videos