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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
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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‘Diamonds-Are they Forever?’: Seminar by GIA India
Surat: GIA India organised a seminar on “Diamonds – Are They Forever?” to help customers of Cygnus Jewellery in Surat, Gujarat, gain knowledge and confidence. More than 60 diamond connoiseurs and buyers of diamond jewellery attended the seminar on Sept. 19. GIA Instructor Vijay Parmar shared insights on diamonds and their properties, the famous 4Cs of Diamond Quality – Color, Clarity,
Rio Tinto Unveils $1.1 mln. Argyle Diamond Jewellery
Perth: Rio Tinto has unveiled in New York an iconic piece of jewellery handcrafted using Argyle diamonds from its Australian mine and gold that has been mined and minted by Rio Tinto in the US. The US$1.1 million necklace and ring known as Argyle Dreaming™, was created by famed international designer, master craftsman and jeweller John Calleija. The one-off necklace
CAR Launches Complete Reform in Diamond Mining
Antwerp: Ahead of the Annual General Membership (AGM) meeting of the World Diamond Council (WDC) in Antwerp, the Government of the Central African Republic (CAR) launched a full overhaul of the country’s alluvial diamond mining sector. Going forward, the CAR’s Government will stand for a bold new and drastic approach where full transparency and proper due diligence protocols, traceability of
De Beers Auctions Appoints Alastair Bickerstaff
London: De Beers Group Auctions has announced the appointment of Alastair Bickerstaff as the Head of Product Development and Sales. The new role, which was created following the departure of the Head of Sales and CRM, is an amalgamation of two instrumental elements of the business – Product Development and Sales. As the Head of Product Development and Sales, Alastair’s
Maryam Al Hashemi to Steer KP Committee on Participation & Chairmanship
Dubai: DMCC confirmed that Maryam Al Hashemi, Senior Director of Precious Stones and Metals at DMCC and the UAE KP Director, has been appointed Chair of the Kimberley Process (KP) Committee on Participation and Chairmanship (CPC). The CPC is a vital body within the Kimberley Process, responsible for evaluating new participants, reviewing compliance matters, and assessing Vice-Chair candidates. Its recommendations
MS Dhoni Reveals His Most Cherished Platinum Moments
Mumbai: Men of Platinum, the men’s jewellery brand from Platinum Guild International (PGI) India, brought its highly anticipated #MomentWithMahi campaign to a thrilling close with an exclusive fan meet-and-greet with MS Dhoni at the iconic Taj Lands End, Mumbai. This one-of-a-kind experience was the culmination of the brand’s festive purchase programme — a rare reward for select consumers who purchased
GJEPC Hails the India-US Trade Agreement
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has hailed the landmark India-U.S. trade agreement as a “vital relief measure for India’s gem and jewellery sector”, which faced severe pressure from escalating U.S. tariffs. GJEPC extends its deepest appreciation to the Hon’ble Prime Minister Mr. Narendra Modi, the Hon’ble President of USA Mr. Donald Trump, the Hon’ble Commerce &
Kirit Bhansali Applauds the Union Budget
Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman has presented the Union Budget for 2026-27 which is hailed by the Gem & Jewellery Export Promotion Council (GJEPC). Through an official Press Release its Chairman Mr. Kirit Bhansali says: “We thank the Government for a positive, growth-focused Budget that addresses key bottlenecks and gives fresh momentum to India’s gems and jewellery sector.
