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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KP must Expand Definition of "Conflict Diamonds”

New York: World Diamond Council President Stephane Fischler addressed a special meeting of the United Nations’ General Assembly’s 73rd Session in New York regarding the role of diamonds in fueling conflict. Mr. Fischler spoke on behalf of the diamond and jewelry industries in the session entitled “From blood diamonds to peace diamonds: conflict prevention through the Kimberley Process,” and specifically

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KP must Grasp Opportunity to Correct its Limitations

New York: With 2019 being the final year of the Kimberley Process’ (KP) three-year review, the organization must grasp an historic opportunity to correct shortfalls in the system designed to prevent conflict diamonds from entering the chain of distribution, World Diamond Council (WDC) President Stephane Fischler will tell a special meeting on the role of diamonds in fuelling conflict, which

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India Pavilion at Hong Kong International Show

Hong Kong: India, the leading diamond manufacturer and one of the leading jewellery exporters in the world, has always made a scintillating presence at all international shows with innovative and unique offerings catering to specific markets. India Pavilion, organized by Gem & Jewellery Export Promotion Council (GJEPC) has an impressive presence at the 6th Hong Kong International Diamond, Gem and

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Institutes Gathers under one Umbrella to Form AGA

Hong Kong: NGTC is organizing a half day open Forum meeting Win-Win on 28th February with CIBJO, GIT, GII, CGL, DFHK, GHK and HKIG as organizers. NGTC invited many experts from many institutes to talk or present views in Win-Win. For the first time, an effort is being made to bring Asia-pacific countries under one umbrella. The idea was seeded

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European Natural Diamonds Exempted from US Tariffs

Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner

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De Beers’ Rough Production Rises 88% in Q2 2026

London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during

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Only Natural Diamonds Should be Graded with 4Cs: CIBJO

Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the

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Forevermark Diamond Jewellery Enters East India

Kolkata: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in East India with the launch of its new store at South City Mall, Kolkata, marking the opening of its 10th store in India and another significant milestone in the brand’s retail expansion journey. Inaugurated by filmstar Raima Sen, the store brings Forevermark’s signature collection of natural diamond jewellery to one of the

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