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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De Beers Diamond Output Rises 17% in Q1 2026

London: De Beers Group reported a 17% rise in rough diamond production to 7.1 million carats in Q1 2026, driven by higher volumes from Canada and South Africa. The increase was operational. Canada recorded the sharpest growth, with production rising to 1.0 million carats, up 163% on planned ore release from Gahcho Kué. South Africa output surged 53% to 0.7

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IIGJ Udupi Centre Inaugurated by India’s FM

Udupi, (Karnataka): Marking a significant milestone in India’s gem and jewellery skill development landscape, the Indian Institute of Gems & Jewellery (IIGJ), Udupi was unveiled yesterday as a new centre of excellence by India’s Finance Minister (FM) Mrs. Nirmala Sitharaman, reaffirming the government’s continued focus on skilling, innovation and employment generation for the sector. The ceremony was attended by Mr.

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India and New Zealand Sign Strategic FTA

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the signing of the India–New Zealand Free Trade Agreement (FTA) on 27 April 2026, calling it a timely and strategic step that opens a high-potential market for Indian gem and jewellery exporters. India’s current gem and jewellery exports to New Zealand stand at approximately USD 16.61 million. With zero-duty

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Suresh Hathiramani Elected as Chairman of WDHB

Singapore: The World Diamond Heritage Board (WDHB) has announced the appointment of Mr. Suresh Hathiramani as Chairman and Mr. Alex Popov as Vice-Chairman, of the Selection Committee of the World Diamond Heritage List (WDHL). A Historic Initiative for the Diamond Industry: The World Diamond Heritage List is an initiative designed to identify and document the 100 diamonds that have shaped

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GJ Sector Committed in Building Mr. Modi’s New India

Mumbai: The Hon’ble Prime Minister Mr. Narendra Modi had made his vision clear about building a New India after a thumping win in the Lok Sabha election. The BJP and alliances has come in power with full majority for the second time and this shows the people of India wants change and has taken the pledge to stand with Prime

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India Design Fest at JCK Las Vegas Show

Mumbai: The leading jewellery event in North America, JCK Las Vegas will witness India Pavilion organized by Gem & Jewellery Export Promotion Council (GJEPC) for the 16th consecutive year. This year, 40 gem and jewellery exporters participating at the “India Pavilion” will be showcasing a wide variety of trendy, unique and innovative jewellery made especially for the US market. The

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Registrations Begin for 2019 Bharat Diamond Week

Mumbai: Registrations for the third edition of the Bharat Diamond Week that will take place at the Bharat Diamond Bourse (BDB) in Mumbai from October 14-16, 2019 have opened, the organisers announced today while also confirming that delegations from China, Australia and a number of Asian countries are expected to participate. Over 1,000 visitors from India and across the world

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GJEPC, BDB Hold Seminar on Opportunities for MSME

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) in association with the Bharat Diamond Bourse (BDB) organised a seminar at the BDB in Mumbai on Friday, May 24, 2019. The seminar was focused on highlighting the opportunities for entrepreneurs falling under the Micro, Small and Medium Enterprises (MSME) category within the gems and jewellery (g&j) industry to grow and

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