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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Platinum- A ‘Rare’ Gift of Love for Your Mother

Mumbai:  You are because SHE is. Your story begins from her womb and nurtures in the shade of her love until you grow into your own person. She is your innermost being. She dons different roles in your life but no one can play her, for she truly is one of a kind. She is your mother. The unconditional support,

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4th MGJ Conference Kicks off on May 18

Vancouver: With about a week to go until the 4th Mediterranean Gemmological and Jewellery Conference (MGJC) kicks off on May 18 in Budva, Montenegro, the excitement and anticipation toward the event is building. “Organizing a gemmological conference is a challenge in many ways,” said George Spyromilios, Director of the Independent Gemological Laboratory Hellas (IGL), of Athens, Greece, and a conference

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CIBJO Committee for Responsible Sourcing Guidance

Milan: CIBJO, the World Jewellery Confederation, has announced the establishment of an industry-wide working committee, which will be charged with formulating Responsible Sourcing Guidelines specifically for the jewellery, gem and precious metals sectors. The new body was created by a decision of the CIBJO Board of Directors in March 2018, following Board approval of a draft Responsible Sourcing Guidelines document.

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DPA Unveils Plans for Diamond Generic Promotion

Mumbai: Mr. Jean-Marc Lieberherr, CEO of the Diamond Producers Association (DPA) recently organised a meeting along with India’s Gem & Jewellery Export Promotion Council (GJEPC), at which he unveiled DPA’s plans for diamond generic promotion. He was joined by DPA’s Managing Director for India, Ms. Richa Singh, who highlighted various aspects of the presentation. GJEPC Chairman Mr. Pramod Agarwal said,

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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

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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

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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

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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

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