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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
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
Top News
Blake Lively Wears Platinum Jewelry for Music Awards
Mumbai: Blake Lively accented her white outfit with over $2.5 million dollars in platinum and white diamond jewelry from Lorraine Schwartz to the 2018 MTV Video Music Awards in New York City on August 20th. Ring with double marquise cut diamonds, set in platinum (8 carats total) Ring with a princess cut diamond set upside down and bezel set diamonds,
Jennifer Lopez Wears Platinum Jewelry for Awards
New York: Jennifer Lopez, recipient of the Michael Jackson Video Vanguard Award, selected PLATINUM jewelry from Tiffany & Co. for the red carpet at the 2018 MTV Video Music Awards in New York City on August 20th. Earrings with fancy gray and white diamonds, set in platinum from the 2018 Blue Book Collection 4 bracelets with diamonds, set in platinum (total value $595,000)
CIBJO Releases Precious Metals Special Report
Milan: With fewer than eight weeks to go to the opening of the 2018 CIBJO Congress in Bogotá, Colombia, on October 15, 2018, the second of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Precious Metals Commission, headed by Huw Daniel, the report examines the influence on the sector by outside forces, be they political, regulatory or
Rio Tinto Celebrates Opening of new Diamond Pipe
Perth: Rio Tinto today celebrated the opening of a fourth diamond pipe, known as A21, at the remote subarctic Diavik Diamond Mine in the Northwest Territories of Canada. The new open pit pipe will provide an important source of incremental supply over the next four years to sustain production levels at the Rio Tinto operated mine. The Honourable Wally Schumann,
De Beers Introduces Desert Diamonds Icons
Las Vegas: At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group yesterday set out its view on the way forward for the natural diamond sector, calling on the trade to work together to capitalize on the early success of the Desert diamonds ‘beacon’ campaign with the introduction of Desert diamonds Icons. The Desert
Dr. Akinwumi Adesina is Chairperson of Diamonds for Development Fund
Gaborone: The Government of the Republic of Botswana and De Beers Group are delighted to confirm that Dr. Akinwumi Adesina has been appointed as the Diamonds for Development Fund’s Chairperson. Dr. Adesina is a widely respected global leader and renowned development economist with close to 40 years of experience in global and African development issues. He was the 8th elected President
GJEPC Showcases India’s Craftsmanship at JCK Las Vegas
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning
Edward Asscher Re-Elected as RJC Vice Chair
London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run
