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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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CIBJO President Visits Bahrain as Guest of DANAT
Milan: CIBJO President Gaetano Cavalieri has concluded a week-long visit to the Kingdom of Bahrain, as the guest of DANAT, the Bahrain Institute for Pearls & Gemstones, during which he met with the leadership of the country’s fast-developing gemstone and jewellery centre, and discussed the possibility of its hosting the CIBJO Congress in 2019. Located on an archipelago on the
Nirav Modi's Fate Could Now be in China's Hands
Mumbai: With the Ministry of External Affairs revealing it had on March 23 sought from Hong Kong the provisional arrest of businessman Nirav Modi over the Punjab National Bank scam, the fate of India’s currently most-wanted missing businessman could now lie in the hands of China, reports India Today. Hong Kong, a Special Administrative Region (SAR) of China, enjoys “a
Zaheer and Sagarika Unveil New ‘Evara’ Collection
Ahmedabad: The summer wedding season is here and if you wish to adorn yourself in jewellery that is inspired by global fashion trends to give you that fresh and modern- chic look, go no further than at AB jewels store in Ahmedabad! The new Platinum Evara collection is contemporary. The designs that are fluid making striking pieces that promise to
Thailand Launches “Buy with Confidence” Program
Bangkok: : Thailand’s Ministry of Commerce has joined hands with partners to encourage leading jewelry shops and businesses to participate in the “Buy With Confidence” program that will issue certifications to ensure the quality and standard of Thai gem and jewelry with the objective to boost confidence among Thai and international consumers. Minister of Commerce Sontirat Sontijirawong states that the
GJEPC Partners with The Leela: Offers Benefits to Members
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has entered into a strategic alliance with The Leela Palaces, Hotels and Resorts to provide exclusive hospitality benefits to its members, marking the Council’s first partnership with a hotel group. The association is designed to support members’ business and personal travel needs, offering special pricing, room upgrades, hotel credits, dining and
India’s G&J Exports Grow 9.43% in September 2026
Mumbai: India’s gem and jewellery (G&J) exports continued their growth trajectory in September 2026, with gross exports rising 9.43% in US dollar terms and 18.24% in rupee terms year-on-year to US$ 2.95 billion (Rs. 28,157.55 crore), compared to US$ 2.70 billion (Rs. 23,813.91 crore) in September 2025. For April–September 2026, India’s gross gem and jewellery exports reached US$ 14.30 billion
Rohit Sharma, Anirudh Ravichander Star in Platinum’s New Campaign
Mumbai: Platinum Guild International (PGI) India unveiled a new campaign for its men’s jewellery brand Men of Platinum, featuring cricketer Rohit Sharma and music composer Anirudh Ravichander. The campaign signals an expansion of the men’s platinum jewellery category, speaking to a wider spectrum of men—from those seeking contemporary, design-led pieces as an expression of personal style to those drawn to
India’s G&J Industry Welcomes GST Reforms
Mumbai: The Indian Gem & Jewellery industry (G&J) expressed its sincere gratitude to India’s Finance Minister Mrs. Nirmala Sitharaman for the landmark GST reform recommendations approved at the 57th GST Council meeting. These progressive recommendations are a significant step towards enhancing ease of doing business, strengthening export competitiveness and creating a more enabling environment for the growth of India’s Gem
