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

De Beers Ties up with IIG India for Education

Mumbai: De Beers Group Institute of Diamonds is pleased to announce that it is partnering with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout India. The IIG has been operating for more than 50 years and is recognised as a leader in gemology and in diamond and jewellery education in India. Jodine Perrin, Director

Read More »

Seminar on LGDs and Jewellery Opportunity

Vadodara: 285 jewellery retailers attended a business development seminar at Jewell’s event, Prarambh. It saw an overwhelming attendance by reputed jewellers and premium members of Jewelxy. They engaged in a knowledge exchange on ‘Lab grown Diamonds (LGDs) and Jewellery opportunity for retailers’. International Institute of Gemology (IIG) served as the knowledge partner of the event. The seminar started with a

Read More »

Gemfields Ruby Auction Generates USD 50 Mln.

London: Gemfields has announced the results of an auction of rough rubies in Singapore from 11 – 15 June 2019. The rough rubies were extracted from the licence, held and operated by Montepuez Ruby Mining Limitada (“MRM”), which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada. Highlights – Ruby Auction:• Auction revenues of USD 50.0 million;•

Read More »

HRD Antwerp Opens New Drop-off Point in London

Antwerp: HRD Antwerp announced its expansion into the UK market with the opening of a new drop-off point in London’s Hatton Garden. The supply of laboratory grown diamonds is ever increasing. As a result, jewellers are unknowingly selling jewellery which features a mix of natural and lab-grown diamonds. HRD Antwerp is pleased to announce a new service for jewellery grading

Read More »

India’s PM Appeals People Not to Buy Gold

New Delhi: India’s Prime Minister Mr. Narendra Modi has appealed country’s citizens not to buy gold for one year. His may have sounded unusual at first, especially in a country where gold is deeply linked to tradition, savings and family celebrations. But behind the statement lies a larger economic concern: pressure on India’s foreign exchange reserves and the weakening rupee

Read More »

WDC ‘A Champion for Natural Diamond Trade’

Antwerp: The World Diamond Council (WDC) is a champion for the natural diamond trade, with the primary objective of building confidence in natural diamonds and helping the trade sell them, according to its incoming President Ronnie VanderLinden. He was speaking at the Annual General Meeting of the WDC, which took place May 7, 2026, in Antwerp, Belgium. Taking office at

Read More »

Feriel Zerouki Forced Diamond ind. to Face Itself

Antwerp: Feriel Zerouki forced the diamond industry to confront the questions it had long avoided during her presidency of the World Diamond Council (WDC), a tenure defined by service to those most exposed at the front line of the trade. Taking office at a time of rising scrutiny, tightening regulation and changing consumer expectations, Zerouki placed reform of the Kimberley

Read More »

Anoop Mehta Elected as Vice President of WDC

Antwerp: Mr. Ronnie Vanderlinden was elected as the president of World Diamond Council (WDC) and Mr. Anoop Mehta was elected as Vice President of the WDC un-opposed. During the recently held AGM of WDC in Antwerp, Mr. Ronnie Vanderlinden was appointed President of WDC and Mr. Anoop Mehta who is currently serving as the President of Bharat Diamond Bourse (BDB),

Read More »

Latest Videos