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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LMHC Advances in Harmonisation of Colour Description

Lucerne, Switzerland: Significant achievements in the harmonisation of wording on laboratory reports and the reporting of new treatments have been chalked up during the 29th meeting of the Laboratory Manual Harmonisation Committee (LMHC), which was hosted by the Gübelin Gem Lab in Lucerne, Switzerland, on November 14 and 15, 2018.   The LMHC is currently comprised of representatives from the Central

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WGC Appoints David Tait as Incoming CEO

London: The World Gold Council (WGC), the market development organisation for the gold industry, yesterday announced the appointment of David Tait as incoming Chief Executive Officer. David joins the World Gold Council following a highly successful career in the financial services industry. David was most recently Global Head of Fixed Income Macro Products at Credit Suisse.  Prior to that he held senior trading

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GJEPC’s 2nd India Gold & Jewellery Summit Concluded

Upscale, upgrade & forge partnerships: Suresh Prabhu GJEPC seeks ease of doing business and reduction of customs duty on gold to 4% New Delhi: The country’s top policy makers, gem & jewellery stakeholders and decision makers got together for the most significant annual gems & jewellery industry summit – India Gold & Jewellery Summit 2018 – organized by The Gem

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Forevermark Launches Rac&Stac Collection

Mumbai: One jewellery trend that has never gone out of fashion is stackable rings. Over the years the style has only been experimented with to evolve into a must-have in every woman’s wardrobe. This Christmas, Forevermark is celebrating the holiday spirit by bringing this style back with a fun and stylish collection called Rac&Stac that can be worn from day to night in over 200

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GJC Gets New Office in Mumbai

Mumbai: The All India Gem & Jewellery Domestic Council (GJC), representing over six lakh jewellers across India, marked another significant milestone in its journey with the inauguration of its new office at Trust House, Parel East, Mumbai. Over the past two decades, GJC has emerged as a leading national trade body advocating policy reforms, promoting transparency, encouraging responsible trade practices,

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High Gold Prices, Advantage Platinum Jewellery

Mumbai: As gold and silver prices soar to record highs in 2026, driven by import duty hikes and strong market demand, platinum jewellery is emerging as a premium yet increasingly competitive alternative. With gold prices exceeding ₹1 lakh per 10 grams, the relative price difference for rare, durable platinum has narrowed, making it a compelling choice for consumers seeking luxury

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GJEPC Takes Bold Stance on Recent Hike in Import Duty

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) acknowledged the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. An official statement issued by the organization says, “As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honorable Prime Minister Mr. Narendra Modi. In response to

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Need to Further Strengthen Trust in the System: KP Chair

Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 commenced in Mumbai under India’s Chairmanship. The meeting, being held from May 11 to May 14, 2026, has brought together representatives from Kimberley Process Participants, Observers and industry stakeholders from across the world to deliberate on key issues related to the global trade in natural diamonds. Addressing the gathering, KP Chair 2026,

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