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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
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
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
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
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
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
NDC Welcomes GJEPC Membership
Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second
Sky Gold & Diamonds Delivers Robust FY26 Performance
Mumbai: Sky Gold & Diamonds, a leading gold manufacturing company and a key partner to retail chains such as Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds, has declared its Q4 & FY26 Results. The company has reported a robust FY26 performance with consolidated revenue rising 77.4% YoY to ₹6,295 crore and PAT increasing 112.4% YoY to ₹282 crore, supported by strong execution, improving margins and operational
JewelStart Industry Innovation Challenge 2026 Launched
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with SINE, IIT Bombay, has launched the first edition of the JewelStart Industry Innovation Challenge 2026, a national platform aimed at bringing startup-led innovation into India’s gems and jewellery sector. The challenge invites startups, innovators and technology solution providers to address pressing industry needs across the jewellery value chain,
CIBJO Warns Against ‘Fraudulent Representatives’
Milan: The World Jewellery Confederation (CIBJO) is issuing an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention yesterday, May 24, 2026, which are similar to other claims reported to us in January of this year, when
