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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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Registrations Begin for 2019 Bharat Diamond Week
Mumbai: Registrations for the third edition of the Bharat Diamond Week that will take place at the Bharat Diamond Bourse (BDB) in Mumbai from October 14-16, 2019 have opened, the organisers announced today while also confirming that delegations from China, Australia and a number of Asian countries are expected to participate. Over 1,000 visitors from India and across the world
GJEPC, BDB Hold Seminar on Opportunities for MSME
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) in association with the Bharat Diamond Bourse (BDB) organised a seminar at the BDB in Mumbai on Friday, May 24, 2019. The seminar was focused on highlighting the opportunities for entrepreneurs falling under the Micro, Small and Medium Enterprises (MSME) category within the gems and jewellery (g&j) industry to grow and
AWDC Celebrates 100 Years of Diamond Industry
Antwerp: 100 years ago, Antwerp engineer Marcel Tolkowsky was the first person to scientifically determine the perfect way to cut a brilliant diamond. This is not an anniversary the Antwerp diamond industry could let pass by without notice. The Antwerp World Diamond Centre (AWDC) yesterday held a street festival to pay tribute to the most iconic and successful diamond cut
DiaCam360 to Unveil Automated Diamond Grading
Ramat Gan: DiaCam360 has initiated a new venture that will lead to the automated identification of a diamond’s color and clarity, based on a proprietary database of hundreds of thousands of images of diamonds that were taken with the DiaCam360. All these images were analyzed by the Deep Learning & AI (Artificial Intelligence) platform developed by the AI department of
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.
G&J Trade Welcomes the Union Budget
Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman presented the union budget for 2026-27 yesterday in the parliament. Provisions of which are welcomed by India’s gem & jewellery (G&J) trade. Mr. Rajesh Rokde, Chairman, All India Gem & Jewellery Domestic Council (GJC): “The Union Budget 2026–27 reflects a stable and sensitive approach towards the Gems & Jewellery industry. The absence of
De Beers Group Debuts at India Art Fair 2026
New Delhi: De Beers Group, the world’s leading diamond company, makes its debut at India Art Fair 2026 with Voyage Through the Diamond Realm, an immersive experience in collaboration with textile artist Lakshmi Madhavan that celebrates natural diamonds as nature’s original works of art. The presentation will be on view from 5th to 8th February 2026 at NSIC Grounds, Okhla, as part of India
