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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WGC Releases Gold and Climate Change Report

Mumbai: World Gold Council (WGC) has released the Gold and Climate Change Report  yesterday. It represents WGC’s initial findings which confirm that whilst there is limited published data on gold’s global carbon footprint, total Greenhouse Gas (GHG) emissions from newly-mined gold are significantly lower than those from other major metals and mined products. Marking one year since the recommendations from the

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India Shines at June 2018 HK Jewellery & Gems Fair

Hong Kong: Leading 42 gem & jewellery exhibitors from India participated under India Pavilion organized by Gem & Jewellery Export Promotion Council (GJEPC) at the June Hong Kong Jewellery & Gems Fair 2018. The event was held from 21 – 24 June 2018 at Hong Kong Convention & Exhibition Centre (HKCEC) with an exciting line up of exhibitors and special

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De Beers’ 5th Cycle Worth $575 Million

Gaborone: De Beers sold rough diamonds with a provisional value of $575 million in the fifth sales cycle (Global Sightholder Sales and Auction Sales) of 2018. The miner reported confirmed sales of $554 million in the fourth cycle. Bruce Cleaver, CEO, De Beers Group, said, “Sentiment in the diamond industry’s midstream is positive following the JCK Las Vegas trade show

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ZCDC Future Hangs in the Balance

Harare: Zimbabwe Consolidated Diamond Company (ZCDC)’s future hangs in the balance after the Supreme Court last week dismissed Government’s appeal challenging a High Court decision to allow Mauritius-registered firm Grandwell Holdings to remain at Chiadzwa, according to a report published in The Herald. Grandwell Holdings holds a 50 percent controlling stake in Mbada Diamonds (Pvt) Limited. Then Mines and Mining

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IIJS Bharat Premiere 2026 Promotion Across Thailand

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has expanded its promotional campaign for IIJS Bharat Premiere 2026 across Thailand through a series of meetings with the Embassy of India, leading industry associations, government institutions and jewellery retailers. Varun Chulet, Assistant Director, GJEPC Jaipur, led the outreach aimed at strengthening bilateral trade ties and encouraging greater Thai participation in

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20 under 40: Celebrating the Next Generation of Leaders

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)’s 20 Under Forty Awards celebrate exceptional young leaders shaping the gem and jewellery industry. The GJEPC recently opened nominations for the 2026 edition. Honorees will be recognized at IIJS Bharat – Premiere 2026, being held August 5–9 at the Jio World Convention Centre and August 6–10 at the Bombay Exhibition Centre

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GJEPC Gears Up Industry for India–UK CETA Rollout

Mumbai: The implementation of the landmark India–UK Free Trade Agreement (FTA) on 15 July 2026 marks a transformative milestone for India’s gem and jewellery industry, opening the door to significantly greater market access, enhanced competitiveness and accelerated bilateral trade with one of its key export markets. With zero-duty access for nearly 99% of Indian exports to the UK, the agreement

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Global Gold City Project Announced

Hyderabad: Goldsikka Limited, a Hyderabad based Company, has introduced the Global Gold City Project (GGC), a pioneering initiative to establish India’s first integrated gold ecosystem. This project will consolidate mining, refining, trading, manufacturing, and digital infrastructure into a single hub, positioning India as a global leader in the gold industry. The project’s main objective is to Build a world class gold

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