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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
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GJEPC Organized India's 1st Silver Jewellery BSM in Delhi
New Delhi: Gem & Jewellery Export Promotion Council, the apex industry body of the industry organized its 1st India Silver Jewellery Buyer Seller Meet (BSM) between 3rd – 5th October 2018, in New Delhi. Mr. Senthilnathan S. Deputy Secretary, Dept. of Commerce, Govt. of India inaugurated the proceedings of BSM. In the first edition itself, the BSM has witnessed very encouraging response
Tanya Rastogi Becomes ‘Women Entrepreneur of the Year"
Mumbai: Jewellery connoisseur Tanya Rastogi added another feather to her cap by becoming the Women Entrepreneur of the Year at the GJTCI Excellence Awards (6th edition), held at the YMCA International Centre, Ahmedabad, on October 2, 2018. Curator of Jewels of Awadh & Karnaphool, Tanya Rastogi has been reviving the art Indian Jewellery karigari once used profoundly in designing authentic kundan and
PNG Jewellers Wins Three Awards
Mumbai: PNG Jewellers, India’s jewellery brand added golden feathers to its cap this award season. The brand has won for ‘the most innovative Marketing Campaign – Radio’ and ‘Retail Chain of Stores’ at Retail Jewellers Guild awards 2018 held in New Delhi on 30th September. They also bagged an award at GJTCI (Gem and Jewellery Trade Council of India) Excellence Awards on 2nd October as ‘Regional
DPA Launches ‘Real is Rare’ Campaign in Telugu
Hyderabad: The Diamond Producers Association (DPA) an international alliance of the world’s leading diamond mining companies launched their integrated marketing campaign ‘Real is Rare’ in Telugu. The ‘Real is Rare’ campaign focuses on celebrating the precious moments which mark the journey of a relationship between a couple. Following a comprehensive research, DPA arrived at a key insight – while couples
European Natural Diamonds Exempted from US Tariffs
Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner
De Beers’ Rough Production Rises 88% in Q2 2026
London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during
Only Natural Diamonds Should be Graded with 4Cs: CIBJO
Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the
Forevermark Diamond Jewellery Enters East India
Kolkata: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in East India with the launch of its new store at South City Mall, Kolkata, marking the opening of its 10th store in India and another significant milestone in the brand’s retail expansion journey. Inaugurated by filmstar Raima Sen, the store brings Forevermark’s signature collection of natural diamond jewellery to one of the
