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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GJEPC Discusses Issues with Trade Council

  Mumbai: Chairman of The Gem & Jewellery Export Promotion Council, Mr. Pramod Agrawal made a presentation to the Joint Meeting of the Board of Trade and the Council of Trade Development and Promotion held at New Delhi on June 6, focusing on some of the critical issues and trade bottlenecks faced by the gem and jewellery export trade. The

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Celebrate Father’s Day with Platinum

Mumbai: Every day, we see examples of strong and powerful women who are slowly but surely changing the world by breaking glass ceilings, unshackling themselves from stereotypes and challenging gender norms. Parents indeed play a pivotal role when it comes to the core values & beliefs that are instilled in their children, especially their daughters from a young age. Fathers

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GJEPC Mourns Demise of Kishandas Maheshwari

Mumbai: Mr. Kishandas Maheshwari, a leading light of the coloured gemstone industry and the Jaipur Region, and the Convener of the Coloured Gemstone Panel Committee of The Gem & Jewellery Export Council (GJEPC) is no more. He lost a well and bravely fought battle against cancer recently. Soft-spoken and unassuming, Maheshwariji,  has had a long and strong association with the

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Bunder Diamond Project in India to be Auctioned

Bhopal: Madhya Pradesh (India) government has decided to auction mining rights for the Bunder diamonds project in Chhattarpur district left mid-way by Rio Tinto in 2016, reports The Times of India. The state cabinet approved auction of diamond mines to companies based in Madhya Pradesh first and thereafter, mining firms from outside the state. “After exploration, the diamond reserves have

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CIBJO Warns About Non-Authorized Individuals

Mumbai: The World Jewellery Confederation (CIBJO) has issued an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention on January 22, 2026, by a business person in India, who had been approached by an organization identifying itself

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Industry Leaders’ Expectations from the Budget

Mumbai: The India Union Budget 2026-27 is expected to be presented on 1 February 2026 as India’s economy is forecast to expand by 7–7.5%, driven by resilient consumer spending, infrastructure upgrades, and ongoing policy initiatives. However India’s Gems and Jewellery sector (G&J) still needs some buster doze to bring it back on the track. We have received some feedbacks from

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NDC Welcomes its New Members

Mumbai: The Board of Natural Diamond Council (NDC) is delighted to announce that Angola’s ENDIAMA E.P. and SODIAM E.P. have formally joined the organization as members, following the completion of all legal and regulatory requirements for accession. ENDIAMA E.P. – Empresa Nacional de Diamantes de Angola (National Diamond Company of Angola) is Angola’s state-owned diamond mining company, responsible for managing

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SENCO Gold Receives IAGES Accreditation for its Stores in India

Kolkata: Senco Gold & Diamonds, having more than 100 stores across India, has been accredited with IAGES reinstating its commitment towards wining the trust and confidence of its consumers through its ethical, fair and transparent practices. SENCO Gold & Diamonds is one of the most recognized names in the Indian jewellery retail sector with more than 100 stores, having built

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