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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
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Bangkok Gems & Jewelry Fair from 7th Sept.
Bangkok: Ministry of Commerce’s Department of International Trade Promotion (DITP), announces its readiness to host the 62nd edition of the Bangkok Gems & Jewelry Fair (BGJF) under the theme of “Heritage & Craftsmanship” which highlights Thailand’s cultural heritage and the exquisite craftsmanship of Thai artisans that are internationally renowned. The 62nd BGJF is expected to welcome over 20,000 buyers and visitors from
First India Australia BSM Began
Mumbai: The first India Australia Jewellery Buyer Seller Meet was inaugurated yesterday in Mumbai by the Vice Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) Mr. Colin Shah. Ten Indian jewellery exporters will interact with a delegation from Australia, as well as a smaller delegation from Ireland over the next few days. The format of the show includes
Forevermark Diamonds Sparkle at the IIJS 2018
Forevermark, the diamond brand from The De Beers Group of Companies continues its association with India’s most premium jewellery fair – The India International Jewellery show (IIJS). The show will be held at the Bombay Exhibition Centre from the 09th to the 13th of August 2018. With a platform like IIJS, Forevermark, under the umbrella of its parent company, De Beers, promises that
3rd Platinum BSM Concluded Successfully
Hyderabad: Platinum Guild International – India (PGI) successfully concluded its third edition of ‘Platinum Buyer-Seller Meet’ (BSM) on 25th and 26th July, 2018 in Hyderabad. Organized exclusively for the authorised platinum jewellery manufacturers & retailers of India under the PGI Programme, the meet aims to showcase the true business potential of platinum and help deepen their exposure to the category. The third edition
Botswana Unearths Massive 1,305 ct. Diamond
Gaborone: Africa’s leading diamond producer, Botswana, has reinforced its status as a global powerhouse in the gemstone industry after a massive 1,305.4-carat diamond was recovered from the country’s renowned Karowe mine, adding yet another extraordinary discovery to its record of producing some of the world’s largest and most valuable diamonds. The stone is categorized as white and is unbroken, the
Forevermark Diamond Jewellery Opens First Store in Bengaluru
Bengaluru: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in South India with the launch of its first store in Bengaluru, marking a significant step in the brand’s retail expansion journey in India. Located at Phoenix Mall of Asia, one of Bengaluru’s premier luxury retail destinations, the new store strengthens Forevermark’s presence in one of the country’s
India–UK Trade Agreement: CoOs Distributed
New Delhi: To commemorate the India–UK trade agreement coming into effect, Mr. Rajesh Agarwal, the Commerce Secretary and Ms. Lindy Cameron, High Commissioner of UK in India distributed Certificates of Origin (COOs) to some of our exporter members at Vanijya Bhawan. Mr. Sabyasachi Ray, Executive Director and Mr. Antarpal Singh, Regional Chairman, Northern Region received the certificates on their behalf
Kirit Bhansali Joins India’s High Level Delegation
Mumbai: Mr. Kirit Bhansali , Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC), joins Mr. Piyush Goyal , Hon’ble Minister of Commerce & Industry; Dr. S. Jaishankar , Hon’ble Minister of External Affairs; Mr. Jitin Prasada , Hon’ble Minister of State for Electronics & Information Technology and Commerce & Industry; and Ms. Karen Rentmeesters , CEO, AWDC, at
