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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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Forevermark Launches at Kirtilals in Kochi
Mumbai: Kirtilals, a jewellery retailer and manufacturer in South India has strengthened its association with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their jewellery store in Kochi. Forevermark diamonds are the world’s most carefully selected diamonds while Kirtilals has a standard for excellence catering to the jewellery requirements and design demands
Yellow Diamond Prices Stabilize in Q1 ’18
New York: The Fancy Color Research Foundation (FCRF) reported that fancy color diamond prices showed stability in most categories in Q1 2018, with fancy blue diamond prices rising moderately. The Fancy Color Diamond Index (FCDI) indicated an overall rise of 0.1% in Q1 2018 for fancy color diamonds across all sizes and saturations. Continuing their trend from 2017, prices of
UN Confirms CIBJO's Special Status
Milan: The United Nations Economic and Social Council (ECOSOC) has confirmed the Special Consultative Status held by CIBJO, the World Jewellery Confederation, for the coming four years. The decision follows CIBJO’s successful submission and the acceptance of its Quadrennial Report, covering the period 2014 through 2017. One of the six main organs of the United Nations, ECOSOC serves as the
De Beers Successfully Tracks First Diamonds on ‘Tracr’
Gaborone: De Beers Group today announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform, marking the first time a diamond’s journey has been digitally tracked from mine to retail. An immutable and secure digital trail was created for a selection of rough diamonds mined by De Beers as
Belgian PM Visited Bharat Diamond Diamond Bourse
Mumbai: Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, yesterday. It marked a historic new milestone in the over 100-year partnership between the diamond industries of the
IIJS Bharat Premiere-the Show that Broke all Records
Mumbai: 42nd edition of IIJS Bharat Premiere 2026, organized by the Gem & Jewellery Export Promotion Counci (GJEPC), concluded in Mumbai on 10th August, the strongest B2B edition in the show’s 25year history. The numbers tell all. Spanning 135,000 sq. metres across the Jio World Convention Centre (JWCC) and the Bombay Exhibition Centre (BEC), the show hosted 2,100+ exhibitors across
IIM Ahmedabad & GJC Continue Landmark Collaboration
Ahmedabad: All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry. This year’s programme, held from 31st August to 3rd September 2026 at
GJEPC’s Australia-New Zealand Trade Mission
Mumbai: The Brisbane portion of GJEPC’s Australia-New Zealand trade mission brought Indian gem and jewellery exporters into discussions with Queensland’s jewellery retailers, wholesalers and business bodies, while reinforcing the opportunities created by the India-Australia ECTA. Led by Vijay Mangukiya, Convener – International Events, GJEPC, the delegation visited Brisbane on 24-25 August 2026 and met Ms. Neetu M. Bhagotia, Consul General
