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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Akshay Tritiya: Women Prefer to Buy Light Jewellery

Mumbai: Akshay Tritiya is one of the most auspicious days of the year, and buying gold is one of the most celebrated rituals of this day. As a brand that celebrates the choices and individuality of the women of today, CaratLane, India’s leading omni-channel jeweller conducted a study to discover the new-age perceptions, tastes and preferences of jewellery buyers during Akshay Tritiya,

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Fancy Color Diamonds – Appreciation or Profit?

Ramat Gan: The recent $9 million lawsuit filed by New Orleans Saints quarterback Drew Brees created a serious buzz in the diamond and jewelry community. Following the news, the Fancy Color Research Foundation (FCRF) received endless inquiries from jewelry stores, wholesalers and investment companies asking the FCRF to shed some light on the subject, with a particularly high volume of

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GJEPC Holds 1st Edition of India Gemstone Week

Jaipur:  The first edition of India Gemstone Week, organized by Gem & Jewellery Export Promotion Council (GJEPC} was inaugurated yesterday by Union Minister of State for Commerce & Industry, Consumer Affairs, Food and Public Distribution, Mr. C R Chaudhary  at a glittering ceremony at Hotel Fair Mont in Pink City. The grand event also marked the presence of eminent dignitaries

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Gitanjali is No More a De Beers’ Sightholder

Mumbai: Gitanjali Group owned by Mehul Choksi has lost its prestigious sightholdership with the world’s leading diamond mining company De Beers following his involvement in India’s biggest bank fraud along with his billionaire nephew Nirav Modi, reports The Times of India. In an article published in TOI on February 22, 2018 under the heading ‘Gitanjali may lose De Beers sightholder

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Customs Export-Import Facilitation Centre at SEEPZ-SEZ Inaugurated

Mumbai: India’s Minister of State for Commerce & Industry Mr. Jitin Prasada inaugurated the Customs Export-Import Facilitation Centre (CEIFC) at SDF-VIII in SEEPZ-SEZ, Mumbai, on 19 June 2026, marking a significant step towards strengthening trade facilitation within the export zone. The inauguration was hosted by Mr. Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ-SEZ. Senior officials present included Mr. Mayur

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Early Bird Discount for “TREASURES”

Lisbon: If you haven’t done so yet, there are still a few days to register with the reduced Early Bird rate and secure your seat for the second edition of TREASURES, an award-winning international colloquium that will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in

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First-Ever Sale of 100% Traceable Artisanal Diamonds from Congo

Antwerp/Kinshasa: Today, fully traceable, artisanal diamonds from the Democratic Republic of Congo were sold on the international market for the very first time in Antwerp. The diamonds, originating from the Kasai region, are part of OrigemA:a Belgian-Congolese initiative that provides artisanal miners with access to international markets, guarantees fair prices, and supports the livelihoods of more than 3 million people. During this first

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New Source of Paraíba Tourmalines Reportedly Discovered in Ethiopia

Basel: Copper-bearing tourmalines—widely known in the trade as Paraíba tourmalines—have captivated gem dealers, collectors, and enthusiasts around the world since they first appeared on the market in the late 1980s. The Swiss Gemmological Institute SSEF has received credible reports from trade sources that indicate a new deposit of copper-bearing tourmaline has been discovered in Ethiopia. To date, the number of

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