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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CIBJO to Unveil Responsible Sourcing Blue Book

Milan: CIBJO President Gaetano Cavalieri will present the World Jewellery Confederations’ recently approved Responsible Sourcing Blue Book next Tuesday, April 23, 2019, to the full plenary of the 2019 Forum on Responsible Mineral Supply Chains, organised by the Organisation for Economic Cooperation and Development (OECD) at its headquarters in Paris.   The OECD forum, which this year will welcome about 1,200 delegates, will

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Russia to Sell LGD Jewellery in Separate Windows

Moscow: The Finance Ministry of Russian Federation has prepared a draft under which jewellery featuring artificial materials having the characteristics of natural stones should be displayed in separate windows, according to Interfax. The decree states that the windows with such jewellery should be marked with a note saying “Jewelry and other articles featuring materials of artificial origin”. Lab-grown diamonds have

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India Gemstone Week Opens in Jaipur

Jaipur: India’s Gem & Jewellery Export Promotion Council (GJEPC) opened the 6th edition of “India Gemstone Week” in Jaipur yesterday. The event was inaugurated by Mr. Pramod Kumar Agrawal, Chairman, GJEPC; Mr. Nirmal Bardia, Regional Chairman, Mr. Vijay Kedia, Co-convener, Coloured Gemstones Panel, Mr. Sabyasachi Ray, Executive Director, along with International buyers and exhibitors from India. Mr. Pramod Kumar Agrawal,

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GJC Complains EC about Enforcement Agencies

Mumbai: With the code of conduct in place, the jewellery sector in India has become one of the soft targets of the law enforcement agencies. Despite having all the necessary documents and papers, seizure and daily obstacles in the movement of jewellery has become a new norm in the jewellery business across the country. In one such incident, the local

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NDC Welcomes GJEPC Membership

Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second

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Sky Gold & Diamonds Delivers Robust FY26 Performance

Mumbai: Sky Gold & Diamonds, a leading gold manufacturing company and a key partner to retail chains such as Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds, has declared its Q4 & FY26 Results. The company has reported a robust FY26 performance with consolidated revenue rising 77.4% YoY to ₹6,295 crore and PAT increasing 112.4% YoY to ₹282 crore, supported by strong execution, improving margins and operational

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JewelStart Industry Innovation Challenge 2026 Launched

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with SINE, IIT Bombay, has launched the first edition of the JewelStart Industry Innovation Challenge 2026, a national platform aimed at bringing startup-led innovation into India’s gems and jewellery sector. The challenge invites startups, innovators and technology solution providers to address pressing industry needs across the jewellery value chain,

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CIBJO Warns Against ‘Fraudulent Representatives’

Milan: The World Jewellery Confederation (CIBJO) is issuing 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 yesterday, May 24, 2026, which are similar to other claims reported to us in January of this year, when

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