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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Platinum Jewellery Inspired by Paintings

Mumbai: In a unique effort, renowned jeweller & a fêted artist Rajiv Popley merges two art forms to bring to you an exquisite line of platinum jewellery inspired by his own collection of paintings. A curated collection that can never be made twice, all originals in rare and precious – Platinum. One of the riveting pieces from this collection is

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Forevermark Displays Red Carpet Collections

Mumbai: Forevermark, the diamond brand from De Beers Group hosted an evening in honour of female achievers across a variety of disciplines in Mumbai. The evening commenced with a panel discussion titled ‘Breaking the Norms’ featuring prominent women achievers who are a real inspiration to countless others across the country including, D.Roopa – Karnataka’s first female Police Service official, currently the Inspector-General of police, the

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Foundation of India Jewellery Park Laid

Mumbai: India Jewellery Park, Mumbai, a mega initiative by the Government to take India’s jewellery manufacturing and trade to a new level, was inaugurated with the foundation stone laying ceremony by Mr. Devendra Fadnavis (Hon. Chief Minister of Maharashtra); Shri Suresh Prabhu (Hon. Union Minister of Commerce & Industry and Civil Aviation, Govt. of India); Mr. Subhash Desai (Hon. Minister of

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Platinum Evara the Choicest Gift this Women’s Day!

Mumbai: Women today are leading change in transitioning societies with utmost passion and grit. Confident, independent and strong willed, women of today are making courageous rare choices that is contributing to building a more progressive, equal society. They are questioning traditional norms, pushing gender boundaries, in both, their professional and personal lives. In recent times, it’s heart-warming to notice that

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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

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