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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Zimbabwe Launches Online Diamond Sales Platform

Harare: The Zimbabwean government has launched the Zimbabwe Electronic Diamond Trading System – an online diamond sales platform “in a bid to promote transparency and the ease of doing business”, according to a report at the Herald newspaper. Mines minister Winston Chitando is quoted as saying that the system “would ensure that the sale of diamonds through the Minerals Marketing

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CIBJO Congress 2018 Set to Kick off on October 15

Milan: With the 2018 CIBJO Congress set to open in Bogotá, Colombia, in five days’ time, agendas and related documentation for the various sessions and meetings that will take place during the event are now available online. Contained in a Digital Binder, they can be downloaded from the dedicated congress website. The schedule of the CIBJO Congress includes a series

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GJEPC's India Diamond Week at Mumbai from 23rd Oct

Mumbai: After the phenomenal success of its first edition and increasing demand from the buyers as well as sellers, India’s Gem & Jewellery Export Promotion Council (GJEPC) is all set to organize the 2nd edition of India Diamond Week in Mumbai from 23 – 25 October 2018. This year, India Diamond Week will be held on the side lines of

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Bharat Diamond Week now Twice every Year

Mumbai: The 2nd edition Bharat Diamond Week was inaugurated by the chief guest Mr. Andrei Zhiltsov, Honorable Consul General of the Russian Federation in Mumbai and the Guest of Honour Mr. Evgeny Agureev, Director-United Selling Organization (PJSC Alrosa) along with the President of Bharat Diamond Bourse (BDB) Mr. Anoop Mehta, Vice President Mr. Mehul Shah and other dignitaries at the

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GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector

New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by Hon’ble Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Kirit Bhansali was representing the Gems & Jewellery sector that contributes 7%

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Registrations for CIBJO Congress Now Open

Milan: Registrations for the 2026 congress of the World Jewellery Confederation (CIBJO) via the dedicated congress website located at: www.cibjo.org/congress-2026/ are now open. The congress will take place in Vicenza, Italy, from Friday, September 4, 2026, through Monday, September 7, 2026.  The milestone event has been declared the Centenary Congress, and it will mark 100 years since CIBJO’s establishment in 1926.

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World Diamond Congress from 12 to 15th July in Singapore

Singapore: As the Organizing Committee of the 41st World Diamond Congress (WDC) is finalizing the preparations for World Diamond Congress to be held for the second time in the Island City. The Congress venue has been moved from Marina Bay Sands to the iconic, eco-chic PARKROYAL COLLECTION Marina Bay hotel . “This venue offers a more intimate, sophisticated, and beautifully sustainable setting for our

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India-Oman CEPA Comes Into Force

Muscat: The India-Oman Comprehensive Economic Partnership Agreement (CEPA) has come into force on 1 June 2026, ushering in a new phase in bilateral trade relations and creating fresh export opportunities across sectors including gems and jewellery, engineering goods, textiles, agriculture, pharmaceuticals and services. Signed on 18 December 2025 following negotiations launched in November 2023, the agreement grants India duty-free market

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