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

Sant Enterprises Introduces the ‘Rose of Mozambique’

Mumbai: Gemfields has introduced the Rose of Mozambique – a rare, high quality ruby sold at auction in Singapore to Bangkok’s preeminent gem specialist Sant, now cut and polished to reveal its true beauty. Sant’s managing director Santpal Sinchawla has had a lifetime of experience with rubies, working in the family gemstone business since he was just 18. Led by

Read More »

Gem & Jewellery Demand Scenario in USA Optimistic

Mumbai: India’s exports of Gem and Jewellery products is expected to be encouraging in USA market during the upcoming Christmas time majorly backed by rising GDP growth, employment rate and private consumption expenditure in the country. The press release issued by India’s Gem & Jewellery Export Promotion Council (GJEPC) says, this would be well in line with positive growth of

Read More »

Joyalukkas Launches Forevermark Elements Collection

Mumbai: In anticipation of the New Year, Forevermark, the diamond brand from De Beers Group introduces the ‘The Forevermark ElementsTM Collection’, designedexclusively by Joyalukkas, an authorised Forevermark jeweller. Set with rare, beautiful and responsibly sourced Forevermark diamonds at the heart of each piece – the The Forevermark ElementsTM Collection is inspired by the symmetry in design with three dominant shapes – each shape reflecting a uniquefacet of a

Read More »

GJEPC Organised 1st India Jewellery BSM in Kolkata

Kolkata: The Gem and Jewellery Export Promotion Council (GJEPC) organized a two-day India Jewellery Buyer-Seller Meet (BSM) on December 4 and 5, 2018, in Kolkata among leading jewelers from participating countries like Bangladesh, Bahrain, Kuwait, Malaysia, Singapore, UAE, UK and USA. This initiative aims to offer a gateway to a huge potential market, which will further boost the bilateral investment

Read More »

Russia to Levy 8% Duty on Rough from Sep.

Moscow: The Russian government has announced that it will impose an 8% export duty on rough diamonds weighing between 0.45 carats and 10.8 carats, as well as on special-size diamonds exceeding 10.8 carats, effective September 1, 2026. The new duty will apply to rough diamonds in weight categories that are considered economically viable for domestic cutting and polishing. Russia had

Read More »

GJEPC Urges Simpler Path to Gold Monetization

Mumbai: India’s gold monetization efforts must focus on simplicity, trust and convenience if the country is to unlock the vast stock of idle household gold, said Khushboo Ranawat, Regional Chairperson – West, and Member – National Exhibitions, GJEPC, during a panel discussion at the ‘India’s Gold Revolution: Monetization, Tokenization & Financial Transformation’ seminar organized by the Bombay Chamber of Commerce &

Read More »

GJEPC Hosts U.S. Senators, State Lawmakers for Industry Dialogue

Mumbai: Against the backdrop of deepening India-U.S. trade ties, GJEPC hosted a delegation of U.S. senators, state legislators and National Conference of State Legislatures (NCSL) officials at its Mumbai headquarters on 22nd June to provide an overview of India’s gem and jewellery industry and discuss key sectoral trends. The delegation comprised Wayne Harper, President Emeritus and President Pro Tempore, National Conference

Read More »

Jewellery Crafts Design Competition at IIJS Bharat-Premiere 2026

Mumbai: IIJS Bharat – Premiere 2026 invites you to participate in the “Jewellery Crafts Design Competition”, presented under this year’s Brilliant Bharat – “Music of India” theme. For the 42nd edition of IIJS Bharat – Premiere, exhibitors are encouraged to create jewellery inspired by India’s rich and diverse musical heritage. From classical ragas, folk traditions, devotional music, and regional instruments

Read More »

Latest Videos