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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De Beers Completes Acquisition of Peregrine Diamonds

Toronto: De Beers Group announced the completion of the previously announced Plan of Arrangement pursuant to which De Beers Canada has acquired all of the outstanding securities of Peregrine Diamonds Ltd (“Peregrine”) at a purchase price of C$0.24 per share, for a total cash consideration of C$107 million. The acquisition includes the high quality Chidliak diamond resource located in Canada’s

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Largest Fancy Purplish Red Diamond by Rio Tinto

Mumbai: Rio Tinto’s iconic Argyle Pink Diamonds Tender is being showcased to connoisseurs and collectors from across Asia in Hong Kong. Headlining the 2018 collection of 63 pink, red and violet diamonds is The Argyle Muse™, a 2.28 carat polished oval diamond, the largest purplish red diamond ever offered at Tender. With an unrivalled potency of colour The Argyle Muse™

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94 Indian Cos Participating in HK Jewellery & Gem Fair

Mumbai: India Pavilion at the September Hong Kong Jewellery & Gem Fair, would be represented by 94 leading Indian manufacturers/exhibitors showcasing their strength and skill in manufacturing world class gems and jewellery. Hong Kong has been the largest export market for the Indian Gem & Jewellery industry, and this platform has provided the requisite opportunity to take its exports further over the

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RZ Murowa Holdings Ltd. Joins DPA

Mumbai: The Diamond Producers Association (DPA) has announced that RZ Murowa Holdings Ltd., majority owner and operator of Murowa Diamonds Private Ltd. (“Murowa Diamonds”), has joined the DPA, effective 1 July. Murowa Diamonds operates the Murowa mine in Zimbabwe, which was purchased from Rio Tinto in 2015 and expanded significantly under its new leadership. Manit M. Shah, Chief Operating Officer

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India-UK Buyer-Seller Meet on 7-8 July

London: With the India-UK Free Trade Agreement (FTA) set to unlock exciting new opportunities, this exclusive B2B platform will bring together 20 leading Indian gem & jewellery manufacturers and top UK buyers to foster meaningful partnerships and drive bilateral trade. India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the event on 7th & 8th July, 2026 at Arsenal

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IIJS Bharat Premiere 2026 Strengthens Nepal Buyer Outreach

Kathmandu: India’s Gem & Jewellery Export Promotion Council (GJEPC) expanded its international buyer outreach for IIJS Bharat Premiere 2026 with a comprehensive roadshow across Nepal, engaging leading jewellery associations, trade bodies and retailers to drive visitor registrations for the show. Led by Ajay Purohit, Deputy Head – International Events, GJEPC, the outreach programme covered Kathmandu, Lalitpur, Pokhara and Chitwan, where

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First Pre-CIBJO Congress Special Report

Milan: With nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the first of the pre-congress Special Reports has been released. Prepared by the CIBJO Sustainable Development Commission, headed by John Mulligan, the report considers both the challenges and opportunities presented to the jewellery industry as government regulations concerning social

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Gold Faces Pivotal H2 as Geopolitical Risk

New York: After a volatile start to the year, gold now faces a pivotal second half that will be shaped by unpredictability from geopolitics, rates, and investor sentiment, according to the Gold Mid-Year Outlook 2026 released by the World Gold Council (WGC) recently. Gold set more than 12 all-time highs and reached a record US$5,405/oz in late January before pulling

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