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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CIBJO Honours Memory of Friedrich Schwarzer

Milan: CIBJO is paying tribute to the memory of a former president, Friedrich (Fritz) Schwarzer, who died recently in Austria, after decades of public service in the jewellery industry, both in his native country and internationally, and more than 60 years of experience in the trade. He headed the World Jewellery Confederation from 1993 through 1996. Born in 1938 into

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WDC Supports OECD Due Diligence Guidance

New York: The World Diamond Council (WDC), an industry group focused on preventing conflict diamonds from entering the legitimate global supply chain and protecting the value of natural diamonds, announced today its support of the Organization for Economic Co-operation and Development (OECD) Due Diligence Guidance (DDG) at the Annual OECD Forum on Responsible Mineral Supply Chains. “The World Diamond Council

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AWDC & ALROSA Sign New Cooperation Agreement

  Moscow: On April 24, during the City of Antwerp’s Mission to Russia, organized in cooperation with the Port of Antwerp, leading partner Antwerp World Diamond Centre (AWDC) signed a cooperation agreement with the world’s leading diamond mining company, ALROSA. Leading this mission emphasizes AWDC’s commitment to safeguarding Antwerp’s position as the leading trade hub in the diamond industry, and

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De Beers’ Production Goes Up by 15% in Q1

Gaborone: De Beers lifted its rough diamond production by 15 percent to 8.5 million carats in the first quarter of 2018 compared with 7.4 million carats, a year earlier, according to its parent company, Anglo American. The diversified mining group said that the increase in De Beers’ production reflects the ramp-up of production from Gahcho Kué in Canada, which reached

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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IGM Appoints Nirakar Chand as MD of BullionX

Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and

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CIBJO Unveils Artworks of Reena Ahluwalia Celebrating Centenary Year

Vicenza: As a highlight of the opening day of the 2026 CIBJO Congress, that began on the 4th September, 2026 in Vicenza (Italy), two dedicated creations by the noted Canadian visual artist Reena Ahluwalia, celebrating the Centenary Year of the World Jewellery Confederation (WDC) were unveiled. Both creations were donated to the collection of the Museo del Gioiello –the jewellery

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Senco Gold with Olocker Provide Jewellery Insurance

Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —

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