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

PGI’s Campaign Celebrates the DaughtersOfToday

Mumbai: Society is constantly evolving and progressing. The expectations we have of each other, the way we relate to one another, we find often ourselves in astate of evolution. At the centre of this is the daughter of today. She’s modern, independent and strong-willed, who in her own unique way, will make the choices she needs to so she can always be the

Read More »

De Beers, UN to Support Women Entrepreneurs in SA

Gaborone: De Beers Group, in partnership with United Nations (UN) Women, is pleased to announce the launch of a three-year capacity-building programme to improve the livelihoods of more than 1,200 women micro-entrepreneurs in Botswana, Namibia and South Africa. The programme is designed to equip women micro-entrepreneurs with business and management skills to build their confidence and capacity to operate and

Read More »

Trading in Carat Coins Launched

Mumbai: Carats.io has announced that its diamond-backed CARAT coin is now being traded on the Hotbit.io digital asset exchange platform (https://www.hotbit.io/exchange?symbol=CARAT_BTC), with promising volumes of trade that are increasing from day to day.   Carats.io said that it selected to launch its currency on the Hotbit platform because of the crypto-exchange’s strong presence in the Southeast Asia markets, which is

Read More »

Mark this Daughter’s Day with Rare Platinum

Mumbai: A daughter brings out the soft and nurturing side of you. If you have known the love of a daughter or you have been blessed by the love of a daughter-in-law, you will know exactly how lucky you are. This precious love must not only to be cherished, but also celebrated with rare & precious Platinum jewellery. Gift these young, spirited, courageous women what

Read More »

Indias Silver Jewellery Exports Double

Mumbai: A shortage of gold as a raw material and the consequent decline in gold jewellery exports appears to have opened up new avenues of growth for silver jewellery in India, reports Mineweb. Indias silver jewellery exports rose 45.33% to $84.1 million in February 2014, and jumped 89% in the 11-month period to $1.35 billion, according to data from the Gem

Read More »

AGL Celebrates Five Years under New Management

New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did

Read More »

Gold Smuggling Arrests Jump 750% YoY in India

Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have

Read More »

Latest Videos