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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NDT's 10 ct Lab-Grown Fancy Intense Yellow Diamond

Hong Kong: New Diamond Technology (NDT) will showcase its 10.06 carat, SI Clarity HPHT, octagonal step cut Fancy Intense Yellow diamond at September Hong Kong Jewellery & Gem Fair. “This is the only one officially known Fancy Intense Yellow of 10 carat lab-grown diamond,” said NDT President Tamazi Khikhinashvili. Commenting IGI Worldwide co-CEO Marc Brauner: “This NDT 10.06 carat stone is unique in all aspects,

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Analyses of Grading colourless Fluorescent Diamonds

Antwerp: HRD Antwerp recently undertook a study entitled “The effect of fluorescence on the colour of a diamond”, concluding that even strong fluorescence does not negatively impact a diamond’s appearance. In fact, their findings demonstrate the contrary: under normal conditions and even when outdoors, strong fluorescence has a positive influence on the colour of diamonds. This finding directly contradicts the

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‘Brides by Evara’: New Web Series from Platinum

New Delhi: Platinum Guild International India (PGI) brings to you a new web series titled “Brides by Evara” featuring 3chosen brides who got an exclusive chance to be styled by one of the best celebrity stylists in the country, Sanjana Batra. Developed and conceptualised by Dentsu Webchutney, the web series features 3 brides chosen by Sanjana Batra through a social media contest. The campaign

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GIA India Shares Knowledge on Diamonds in Anand

Anand: GIA India organised the seminar “Diamonds – Are They Forever?” to help customers of Shree Radhey Diamond in Anand, Gujarat, build knowledge and consumer confidence. More than 50 diamond connoisseurs and buyers of diamond jewellery attended the seminar on Aug. 29, 2018. GIA representative shared insights on the famous 4Cs of diamond quality – Color, Clarity, Cut and Carat Weight – and

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Suresh Shah New VP of IDMA

Antwerp: With the wrap-up of the 36th World Diamond Congress, the International Diamond Manufacturers’ Association (IDMA) concluded its meetings with the election of its officers. Maxim Shkadov was unanimously re-elected for a second term as IDMA President and Ronnie VanderLinden and Stephane Fischler were re-elected as Secretary General and Treasurer, respectively. IDMA Vice President Edward Asscher, who was recently elected

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Gold-Silver Price-Setting Methods May Change

London: The decades-old methods for determining the daily benchmark prices for gold and silver seem set to change—the result of unwelcome attention from regulators and class-action lawsuits. Currently, the price of both metals is set at a daily teleconference by a number of prominent multinational banks—four in the case of gold, and three in the case of silver. However, the

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CIBJO Gives Sustainability Frame for Pearl Sector

Milan: CIBJO President Gaetano Cavalieri has presented an outline for sustainability in the cultured pearl sector, emphasizing that a comprehensive approach must be taken that addresses economic, environmental and social responsibility. He was speaking at the Sustainable Pearls Forum, which took place in Hong Kong on June 21. The cultured pearl industry provides an opportunity to introduce concepts that often

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Gold Curb Relaxations on the Way…

New Delhi: The government of India has indicated that there is a need to ease norms for bullion imports to boost supplies and jewellery exports. “There is a need of rationalisation in (gold import) duty and (gold import) procedure….We have already made it clear that there is a need to look at the current gold import regime,” commerce secretary Rajeev

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