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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Top News

GJSCI and WJA to Organise ‘Design Connect’

Mumbai: The Gem & Jewellery Skill Council of India (GJSCI), in conjunction with Women’s Jewellery Association (WJA) – India Chapter, has announced that it will organise ‘Design Connect’, a one-day event for jewellery designers to help connect and collaborate with manufacturers and retailers, at Hotel Sahara Star, Mumbai, on 26th June, 2019. The event will begin with a panel discussion

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Knowledge Seminar on Diamonds by GIA

Pune: Jewellery connoisseur Shilpa Agarwal EFX recently hosted “A Date with Diamonds,” a knowledge seminar on diamonds, organised by GIA India (Gemmological Institute of America) – the world’s foremost authority in gemmology and the creator of the 4Cs of Diamond Quality – Colour, Clarity, Cut and Carat Weight. Ms. Nirupa Bhatt, Managing Director of GIA India and Middle East, presented

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Pink Diamonds Outperformed Blues & Yellows in Q1

New York: The Fancy Color Research Foundation (FCRF) has announced the results of the Q1 2019 Fancy Color Diamond Index. The overall prices decreased by 0.2% in the first quarter of 2019, influenced by a decrease in the Yellow category. Pink Diamonds increased by 0.5%, Blue Diamonds showed a very slight decrease of 0.2%, and Yellow Diamonds decreased by 1.5%.

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DPA Releases 1st Independent Research Report

Mumbai: The Diamond Producers Association (DPA), a global alliance of the leading diamond mining companies, which represents 75% of the world’s diamond production, has released its first independent research report on Members’ impact on local communities, employees and the environment. The report, authored by Trucost and titled The Socioeconomic and Environmental Impact of Large-Scale Diamond Mining,is the world’s first comprehensive

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World Diamond Congress from 12 to 15th July in Singapore

Singapore: As the Organizing Committee of the 41st World Diamond Congress (WDC) is finalizing the preparations for World Diamond Congress to be held for the second time in the Island City. The Congress venue has been moved from Marina Bay Sands to the iconic, eco-chic PARKROYAL COLLECTION Marina Bay hotel . “This venue offers a more intimate, sophisticated, and beautifully sustainable setting for our

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India-Oman CEPA Comes Into Force

Muscat: The India-Oman Comprehensive Economic Partnership Agreement (CEPA) has come into force on 1 June 2026, ushering in a new phase in bilateral trade relations and creating fresh export opportunities across sectors including gems and jewellery, engineering goods, textiles, agriculture, pharmaceuticals and services. Signed on 18 December 2025 following negotiations launched in November 2023, the agreement grants India duty-free market

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More Indian Women are Choosing Natural Diamonds 

 Mumbai: The domestic natural diamond jewellery market continues to witness strong growth momentum, with the country emerging as the world’s second-largest diamond jewellery market. India contributes 12% of global diamond jewellery demand, up from 10% in 2019, surpassing both China and Japan. According to a recent study, ownership of natural diamond jewellery among Indian women has increased from 11% in

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GIA Acquires 30% Shareholding in TRACR

New York: De Beers Group and GIA (Gemological Institute of America) yesterday announced the signing of a definitive agreement for GIA to acquire a 30 per cent shareholding in Tracr, the De Beers Group-backed company behind the development of the pioneering diamond provenance blockchain-driven platform. The agreement marks a significant milestone in Tracr’s evolution towards independence and reflects GIA’s confidence

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