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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WHP Opens Showroom in Boisar

Mumai: Waman Hari Pethe (WHP) Jewellers broadened its horizons with the launch of 24th  WHP Outlet in Boisar. The store was inaugurated on 15th August 2018 in presence of Mr. Aditya Pethe, Director, WHP Jewellers along with  Mr. Subhash Pethe and Mr. Ulhas Pethe. Established by Late. Mr. Waman Hari Pethe and Late Mr. Ganesh Hari Pethe in 1909, the jewellery

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Impact on Jewellery Market of Generation Z: CIBJO

Milan: The first of the CIBJO commissions’ Special Reports has been released ahead of the 2018 CIBJO Congress in Bogotá, Colombia in October. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report considers the potential impact on the jewelry market of Generation Z, which includes people born after 1996, who are expected to account for

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GJEPC Seeks to Build Consensus on FTC Guidelines

  Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has begun multiple initiatives and is interacting with various industry stakeholders in an attempt to build a global consensus on the industry response and draw up a plan of action in response to last month’s announcement of revisions to the FTC Jewelry Guides related to marketing of diamonds in the

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IIJS 2018 Generates Business Worth Rs. 8k Crore

Mumbai: The 35th edition of the India international Jewellery Show IIJS organised by GJEPC concluded in Mumbai today with a note of positivity and cheer for the entire trade. IIJS, a premium annual event received all round support with over 40,000 visitors from over 800 cities across 80 countries attending and previewing exhibitions of over 1300 exhibitors. GJEPC had organised a

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Central Banks Set to Step up Gold Buying over the Next Year

London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also

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India’s G&J Exports Stood at US$ 4.27 Bln in April–May 2026

Mumbai: India’s gem and jewellery exports stood at US$ 4.27 billion (Rs. 40,398.97 crore) during April–May 2026 as compared to US$ 4.55 billion (Rs. 38,848.42 crore) during the corresponding period of the previous year. While overall exports declined by 6.03% in dollar terms, they registered a growth of 3.99% in rupee terms. The figures are provided by India’s Gem &

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Fraudulent Filling of Fissures in Emeralds

Basel: Based on a number of recent cases, the Swiss Gemmological Institute SSEF is issuing a trade alert concerning a fraudulent practice that has resurfaced in the emerald market. It concerns the filling of fissures in stones after they have been tested, with the emerald stone being offered for sale along with the earlier report that indicated little or no

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Global Jewellery Industry Meets at IIJS Bharat Premiere 2026

Mumbai: Over 2,700+ international visitors from 80+ countries & 50,000+ trade visitors are set to converge in Mumbai for the most anticipated gathering of the global jewellery industry. Among them is Suzan Von Zahn of SVZ Jewellery, South Africa, who shares her excitement about attending IIJS Bharat Premiere 2026 and exploring the exceptional craftsmanship and business opportunities the show has

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