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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First Texas-Israel Diamond Show in September

Ramat Gan: This fall strategic cooperation between the Texas Jewelers Association (TJA) and the Israel Diamond Institute (IDI) will produce the first Texas-Israel Diamond Show in San Antonio from September 29 – 30, 2014. This is the first time that jewelers in Texas and surrounding states will be offered the opportunity to buy diamonds directly from the source. The unique

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India Hikes Import Tariff Value on Gold, Silver

New Delhi: The Indian government yesterday hiked import tariff value on gold and silver to USD 411 per 10 grams and USD 632 per kg as global prices have increased in the wake of escalating violence in Iraq. In the first fortnight of this month, tariff value on imported gold stood at USD 408 per 10 grams and silver at

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De Beers June Sight Estimated at $640M

Gaborone: The De Beers June sight closed with an estimated value of $640 million as demand for rough diamonds remained firm. Prices and assortments were largely unchanged from the previous sight, although sightholders reported minor price adjustments on select boxes. There was ex-plan supplied – rough in excess of sightholders’ initial application for goods – as demand rose during sight

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Zimbabwe's Proposed Marange Restructuring Stalled

Harare: Marange diamond miner Anjin Investments Ltd. has reportedly stalled the Zimbabwe government’s intended consolidation of Marange diamond companies. As of last week, Anjin’s top management, which recently visited Zimbabwe from China, was yet to meet with officials from the mines ministry to finalize evaluations of company’s operations. The ministry had originally projected briefing Anjin chairperson Jiang Qingder on the

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