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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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Narayan Jewellers Launches Forevermark ‘Artemis’
Vadodara: Narayan Jewellers by Ketan and Jatin Chokshi launched the exclusive Forevermark Artemis™ Collection by master couturier Bibhu Mohapatra at their store yesterday. Bringing the exquisite collection handcrafted with beautiful, rare and responsibly sourced Forevermark diamonds to Gujarat, Bollywood film star Fatima Sana Sheikh unveiled the new collection. Inspired by the interstellar theme the Forevermark Artemis™ Collection highlights three key
DEF Announces 2018 ‘Diamonds Do Good’ Honorees
New York: The Diamond Empowerment Fund (DEF) has announced the recipients of its 2018 ‘Diamonds Do Good’ Awards, to be presented at the DEF annual gala on May 31 at the Four Seasons Ballroom in Las Vegas, NV. The government of Canada’s Northwest Territories will receive the Diamonds Do Good Responsible Government Award and Bruce Cleaver, CEO of DeBeers Group,
De Beers Preparing GemFair Programme with DDI
Gaborone: De Beers Group yesterday announced it is preparing to pilot a programme called GemFair to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair will use dedicated technology to record ASM production at mine sites that meet demonstrable ethical standards, with the aim of purchasing rough diamonds from approved locations while
ALROSA Opens Representative Office in Mumbai
Mumbai: Russian diamond mining company ALROSA launched its representative office at Bharat Diamond Bourse, Mumbai, on Thursday, April 19, 2018. In the grand opening ceremony, the officials Mr. Anoop Mehta – President, Bharat Diamond Bourse, Mr. Mehul Shah, – Vice President, Bharat Diamond Bourse, Mr. Milan Choksi, Convenor, Marketing, GJEPC and Mr. Russel Mehta – Advisor to Chairman, GJEPC, cut
QDE Extends Bourse Network into Europe
Vicenza: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with Borsa Diamanti d’Italia (Diamond Bourse of Italy), establishing a strategic partnership between the two bourses. The agreement was signed during the CIBJO Centenary Congress, held in Vicenza, Italy, from 4 to 7 September 2026, by Ghanim Nasser Al-Saadi, Director of the Qatar Diamond Exchange, and Luigi
Platinum Jewelry Takes Center Stage at the Emmy Awards
Mumbai: The 78th Emmy Awards delivered a dazzling showcase of fine jewelry, with platinum featured in many of the evening’s most memorable red carpet looks. Prized for its rarity, enduring strength and naturally luminous white color, platinum provided the ultimate setting for extraordinary diamonds and rare gemstones worn by some of television’s biggest stars. From striking diamond earrings to contemporary
De Beers Group Science & Technology Showcases SynthDetect 2
London: De Beers Group’s Science & Technology division today revealed SynthDetect 2, the next generation desktop diamond screening instrument. The first SynthDetect instrument and its successor SynthDetect XL – released in 2017 and 2018 respectively – have been among the most successful instruments in De Beers Group’s suite of diamond verification instruments due to their outstanding technical screening functionality and
Amit Shah Graces 52nd India Gems & Jewellery Awards
Industry’s premier awards bring together national and state leadership, recognising excellence and India’s growing global ambitions Mumbai: In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble
