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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Top News

The World Diamond Congress 2018 is Cancelled

Antwerp: The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that as a result of the weak response to registration for the 38th World Diamond Congress due to be held in Tel Aviv, Israel, from June 19 to 21, no doubt also influenced by the rising tension in the region, they have reached

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2018 CIBJO Congress from 15 to 17 October

Milan: CIBJO, the World Jewellery Confederation, will hold its 2018 annual congress in Bogotá, Colombia, October 15-17, with pre-congress meetings beginning on October 13. The congress will be hosted by Fedesmeraldas, the National Federation of Emeralds of Colombia, which this year will be a celebrating the 20th anniversary of its founding. Immediately prior to the event, from October 12 to

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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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A Golden Milestone in India–Oman Trade Relations

Kolkata: Marking a significant step in strengthening bilateral trade ties, the first gold jewellery export shipment from Kolkata to Oman was successfully dispatched under the India–Oman CEPA framework. India’s gems & jewellery exports to Oman currently stand at -USD 35 million, including ~USD 10 million in gold jewellery. Exports could reach nearly USD 150 million over the next three years.

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De Beers Shares Latest Research on US Consumer Trends

London: Natural diamonds are the most desired luxury jewellery product, average purchase prices have increased 25%, Gen Z is now the second largest generation buying diamonds, and non-bridal occasions account for three-quarters of overall US demand. These are some of the key findings of De Beers Group’s latest US Diamond Acquisition Study, featuring responses from 18,500 women aged 18 –

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FTAs Offer Immense Export Opportunity for Indian Jewellery

Jaipur: The Department of Commerce, Ministry of Commerce & Industry, Government of India recently organized a focused outreach programme on “Leveraging FTAs for the Gems & Jewellery (G&J) Sector” in Jaipur, in partnership with the Gems & Jewellery Export Promotion Council (GJEPC). Exporters, manufacturers, MSMEs and other industry stakeholders participated in the programme. The workshop is part of the Government’s

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Golconda & Ancient Diamonds: A Historical Perspective

Singapore: On the third day of 41st World Diamond Congress, on July 15, distinguished jewellery historian and author, Dr. Usha Balakrishnan, of Mumbai, India, will be presenting a lecture entitled “Golconda and Ancient Diamonds – A Historical Perspective. ” “For nearly 2,000 years, every diamond the world had ever seen came from a mystical land, now known as India. These

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