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

Read More »

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

Read More »

Top News

Advertisements for LGDs must be Crystal Clear: FTC

  Mumbai: The U.S. Federal Trade Commission (FTC) which investigates allegations of misleading advertises made it clear on April 2, that it has sent warning letters to eight companies, including Diamond Foundry, insisting that they distinguish in advertisements between diamonds that come from mines and those made in laboratories, reports Reuters. According to the report, The Diamond Producers Association (DPA),

Read More »

DPA Launches ASSURE Programme

New York: The joint venture by the Diamond Producers Association (DPA) and Signet Jewelers – the ASSURE Program – has published the results from the independent performance tests of Diamond Verification Instruments in the ASSURE Directory on diamondproducers.com/ASSURE Through the ASSURE Directory trade participants can access objective and third party verified information on the relative performance of Diamond Verification Instruments

Read More »

CIBJO Insists on Uniform Gemmological Principles

Copenhagen: Transparency in business is enabled when all terminology and metrics are accepted and understood by all participants, CIBJO President Gaetano Cavalieri has told a gemmological conference in Copenhagen, Denmark. When a common business language is in place, and its rules and terms are publicly available, then the necessary elements exist for members of the business community to work together,

Read More »

TBZ-The Original Launches Store in Lucknow

Mumbai: TBZ- The Original, India’s most iconic jewellery brand with a rich legacy of more than 150 years opens its 1st store in Lucknow on M.G. Road, Hazratganj. In the endeavor of making beautiful jewellery accessible, TBZ – The Original is rapidly expanding its retail footprint across the country. With the overwhelming response from its North India store in Noida, TBZ-The Original is now strengthening its

Read More »

Gold Smuggling Arrests Jump 750% YoY in India

Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have

Read More »

Latest Videos