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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AGD Diamonds Enters International Diamond Market

Mumbai: JSC Arkhangelskgeoldobycha was officially renamed ‘JSC AGD DIAMONDS’ recently due to its new marketing policy and the brand’s international positioning aimed at its customers, the buyers of rough diamonds. During the month of June, the company produced 234,000 tons of ore at the Grib Diamond Field and raked in more than $46 million from rough sales. According to Sergey

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Synthdetect Wins Innovation of the Year at JNA Awards

Hong Kong: The International Institute of Diamond Grading & Research (IIDGR), a member of De Beers Group announced that its industry-first synthetic screening device, SYNTHdetect, was awarded Industry Innovation of the Year at last night’s JNA Awards in Hong Kong. Launched last year, SYNTHdetect is the first synthetic diamond screening device to simultaneously test multiple stones in set jewellery and

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3rd World Meeting of Mujeres Brillantes Held in Medrid

Madrid: It happened the last week on September 12nd to 15th , Third World Meeting Mujeres Brillantes, where several women´s jewellery have met to discuss the progress of the association’s creation in 2016 to the present day . The chosen city this time was Madrid, Spain during the prestigious Spanish Jewelry Show , Madrid Joya attended by members of the group

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Bangkok Gems & Jewelry Fair Ends with Record Sales

Bangkok: The 62nd Bangkok Gems & Jewelry Fair experienced overwhelming success with Department of International Trade Promotion (DITP) revealing that sales at the fair totaled 2,389.74 million baht, exceeding the initial target. Buyers worldwide expressed interest and admiration for jewelry made by up-and-coming brands as well as Thai SMEs, generating immediate sales and opportunities to become trade partners in the future.

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Entries Invited for Artisan Awards

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has been recognizing and rewarding the best in jewellery design. The Artisan celebrates the highest levels of artistry, innovation and individuality, elevating jewellery designers to their rightful status of artists. The Artisan jewellery Design Awards 2014 invites India’s finest jewellery designers to push their design boundaries and reveal their utmost creativity

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GJF Asks Finmin to Rationalize Duty

New Delhi: The All India Gems and Jewellery Trade Federation (GJF) has asked the government to at least double the gap between the import duties on raw gold and finished product to protect domestic manufacturers stressed by various curbs on raw material sourcing from overseas. In a meeting with the finance minister, senior executives of the association demanded the government

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2nd Annual Banking Summit Held by GJEPC

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized second annual Diamond, Gem & Jewellery Banking Summit-2014 on Saturday, 28th June 2014 in Mumbai. At the end of the Summit, a Work-Group was formed consisting representatives of India’s diamond sector, Banks and Export Credit Guarantee Corporation (ECGC) to suggest solutions to improve cordial relations among them. Delivering the inaugural

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Stéphane Fischler Re-Elected President of AWDC

Antwerp: On Wednesday June 25, during the first meeting of the new Board of Directors of the Antwerp World Diamond Centre (AWDC) the Board members reelected Stéphane Fischler as President of the AWDC. The Board of Directors also appointed Kaushik Mehta as Vice-President, representing the trade, and Freddy Inzlicht as Vice-President representing the Bourses. In 2012, the by-laws of the

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