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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Top News

Eli Avidar to Leave CIBJO Position

Milan: Eli Avidar, CIBJO Vice President, has resigned his position at the World Jewellery Confederation, announcing that he plans to run for national political office during the upcoming parliamentary elections for the Israeli Knesset, which will take place on April 9. “Five years ago I had the honour and the privilege to be invited to join the CIBJO Board of

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Gem-A to Share Education with ‘Gem-A USA’ Expansion

London: Gem-A (the Gemmological Association of Great Britain) has established an independent, non-profit entity in the United States, with 501 (c)(3) status, designed to facilitate its world-leading gemmological education in this strategically important market. Gem-A USA will provide the same Gemmology and Diamond Diploma courses designed to inspire and educate the next generation of gemmologists. To mark this exciting step

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CVD Lab-Grown ‘All Diamond’ Ring Graded at HRD

Antwerp: Dutch Diamond Technologies (DD) has created the world’s first ring that is entirely made from a lab-grown diamond. ‘Project D’, DD’s name for the ring, took a year to manufacture and was created in honour of the company’s 10th anniversary. For grading this unique piece of jewellery, DD turned to HRD Antwerp, Europe’s leading authority in diamond grading. The

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Enjoy this Valentine's Day with Platinum

Mumbai: Discovering a love that uplifts you, & pushes you to be the best version of yourself is truly rare. Respect for each other’s individuality begets a relationship of equals – a relationship free from societal dictates and gender-defined roles. It is a strong relationship where love is a given but in addition to it is a deep understanding of

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More Indian Women are Choosing Natural Diamonds 

 Mumbai: The domestic natural diamond jewellery market continues to witness strong growth momentum, with the country emerging as the world’s second-largest diamond jewellery market. India contributes 12% of global diamond jewellery demand, up from 10% in 2019, surpassing both China and Japan. According to a recent study, ownership of natural diamond jewellery among Indian women has increased from 11% in

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GIA Acquires 30% Shareholding in TRACR

New York: De Beers Group and GIA (Gemological Institute of America) yesterday announced the signing of a definitive agreement for GIA to acquire a 30 per cent shareholding in Tracr, the De Beers Group-backed company behind the development of the pioneering diamond provenance blockchain-driven platform. The agreement marks a significant milestone in Tracr’s evolution towards independence and reflects GIA’s confidence

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De Beers Introduces Desert Diamonds Icons

Las Vegas: At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group yesterday set out its view on the way forward for the natural diamond sector, calling on the trade to work together to capitalize on the early success of the Desert diamonds ‘beacon’ campaign with the introduction of Desert diamonds Icons. The Desert

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Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund

Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President

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