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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
Reliance Jewels Celebrates 11th Anniversary
Mumbai: Reliance Jewels celebrated its 11th anniversary. As a token of Gratitude towards their patrons & their love over the last 11 years, the brand has launched an exquisite designer jewellery collection- ‘Aabhar’- To You With Gratitude. This collection is inspired by the diversity in Nature, such as beautiful sunrises and sunsets, trees, and above all Flowers, as they are the best way
Raesh Exports Registers Growth in Q1
(By Eveluate Research) Bangalore: Rajesh Exports reported solid earnings for the first quarter ended in June 2018 of Rs.13.52 per share, representing a growth of 34.5% on a YoY basis and 14% above our estimates. Similarly, EBITDA for the quarter came in at Rs.5,780.8 mn, growing by 29.8% YoY. Revenue for the quarter, however, was down by about 13% mainly
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
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
JewelStart Industry Innovation Challenge 2026 Launched
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in collaboration with SINE, IIT Bombay, has launched the first edition of the JewelStart Industry Innovation Challenge 2026, a national platform aimed at bringing startup-led innovation into India’s gems and jewellery sector. The challenge invites startups, innovators and technology solution providers to address pressing industry needs across the jewellery value chain,
CIBJO Warns Against ‘Fraudulent Representatives’
Milan: The World Jewellery Confederation (CIBJO) is issuing an urgent warning about individuals claiming to represent CIBJO or bodies directly affiliated with CIBJO, offering products and/or financial instruments endorsed by CIBJO. The existence of such claims was brought to CIBJO’s attention yesterday, May 24, 2026, which are similar to other claims reported to us in January of this year, when
Inputs from GJEPC on GMS & CAD Reduction
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in reference to the meeting held on 22nd May 2026 with key industry associations, to deliberate on measures for reducing the Current Account Deficit (CAD), particularly in the context of gold imports and domestic gold mobilization, is coordinating with its members to formulate some suggestions on Gold Monetization Scheme (GMS) and
GJEPC Joins Govt Delegation to Canada for CEPA Talks
New Delhi: Union Commerce & Industry Minister Mr. Piyush Goyal is leading a high-level Indian delegation to Canada from 25-27 May to advance discussions on the proposed India-Canada Comprehensive Economic Partnership Agreement (CEPA) and strengthen bilateral trade and investment ties. Mr. Anoop Mehta, Convener – Diamond Panel, GJEPC, is representing the Council as part of the Indian delegation accompanying the
