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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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GJEPC to Hold Jewellery Design Workshop
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organized 2-day Jewellery Design Workshop on 2nd and 3rd May, 2019 at the Bharat Diamond Bourse, Mumbai. The workshop titled ‘Aatman Inspirations 2020’ will decode jewellery trends into product collection, visual merchandising and product marketing. The workshop is divided into three modules 1) Creative, Design and Product Development Cycle 2)
Platinum to Outshine Gold This Akshay Tritiya
Mumbai: Platinum jewellery is set to Outshine gold this Akshay Tritiya as it has become 18% cheaper than the yellow metal. Jewellers and bullion dealers said that platinum has become popular among young Indian men, who are buying platinum bracelets and chains, and that the trend of 40 per cent growth seen over the past one year may continue till
Rio Tinto Reveals Rare Large White Diamond
Perth: Rio Tinto’s Argyle diamond mine has produced one of the largest gem quality white diamonds in its 35 year history. The 28.84 carat gem quality white diamond was recovered from the east Kimberley mine in March 2019. Named Argyle Octavia™ in recognition of its beautiful octahedral shape, this rough diamond will be sold by tender in Antwerp later this
CIBJO Presents Plan to Promote Responsible Sourcing
Paris: Speaking in Paris today to a plenary session of the 13th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), CIBJO President Gaetano Cavalieri has delineated a comprehensive plan for promoting responsible sourcing practices throughout the jewellery, gemstone and precious metals sectors, which includes the release this past January of CIBJO’s new Responsible
India Should Focus on Incremental Changes in KP
Mumbai (By Suresh Chotai): More than two decades after the Kimberley Process (KP) was born, the diamond industry still faces an uncomfortable truth: the global system designed to keep “Conflict diamonds” out of the market is stuck in the past. The Kimberley Process defines conflict diamonds narrowly—stones used by rebel movements to finance wars against legitimate governments. That definition made
EU Eliminates Duty on Indian G&J Imports
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the elimination of import duties on Indian gem and jewellery products under the India-EU Free Trade Agreement (FTA). This removes 2-4% duties on precious jewellery, unleashing huge export potential with the 27-member EU bloc—home to the world’s elite buyers. India’s gem and jewellery (G&J) exports accounted for USD 30
Paola De Luca Holds Masterclass on Artisan Awards 2026 Theme ‘Quantum Couture’
Mumbai: Paola De Luca, a globally recognised jewellery trend forecaster and Founder of The Futurist LLC, led an online masterclass on 23 January that drew over 200 participants, helping designers interpret Quantum Couture, the theme for The Artisan Jewellery Design Awards 2026. Curated as a preparatory session ahead of submissions, the masterclass explained how the theme, Quantum Couture – Re-Engineering Beauty and Cultural Codes,
Ranbir Kapoor Joins PNG Jewellers as New Ambassador
Mumbai: PNG Jewellers, one of India’s most revered jewellery houses with a legacy dating back to 1832, announces Bollywood icon Ranbir Kapoor as its new brand ambassador. With his effortless blend of heritage, credibility and contemporary appeal, Ranbir Kapoor marks an exciting new chapter in PNG Jewellers’ journey as the brand strengthens its national presence. Founded in Maharashtra and now
