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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Élodie Daguzan Becomes Goodwill Ambassador for DDI

Ottawa: The Diamond Development Initiative (DDI) has appointed Ms. Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as Head of Communication and Industry Relations for the diamantaire Rubel & Ménasché, brings with her 17 years of experience in the diamond and jewelry industry. Her particular fields of interest are pipeline integrity, sustainability, traceability, generic marketing, and

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Eli Avidar to Leave IDE and Join Politics

Ramat Gan: Israel Diamond Exchange (IDE) CEO Eli Avidar has announced he will be stepping down from the position and intends to become a member of Israel’s parliament, the Knesset. Avidar, aged 53, who also served as the CEO of the Israel Diamond Institute, from which he recently resigned, told the IDE’s board of directors that he did not intend

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GJEPC Signs Cooperation Agreement with UBM

Mumbai: In a historic move, the Gem & Jewellery Export Promotion Council (GJEPC) has signed a cooperation agreement with UBM Asia Ltd, for organizing the India pavilion at UBM’s Hong Kong Jewellery & Gem Fair held during June and September 2018. Both shows are the leading and the most sought after ones in the gem and jewellery world. GJEPC is

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Probe Ordered into Surat’s G&J Park Land Issue

Surat: The district collector of Surat has ordered an inquiry on Thursday into a complaint given by farmers over 100 hectare of land allotted for development of gems and jewellery park at Ichhapore, reports The Times of India. A Surat District Panchayat member had submitted the application on behalf of the farmers. Ichhapore and Hazira villagers allege that diamond company

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GJEPC Hosts U.S. Senators, State Lawmakers for Industry Dialogue

Mumbai: Against the backdrop of deepening India-U.S. trade ties, GJEPC hosted a delegation of U.S. senators, state legislators and National Conference of State Legislatures (NCSL) officials at its Mumbai headquarters on 22nd June to provide an overview of India’s gem and jewellery industry and discuss key sectoral trends. The delegation comprised Wayne Harper, President Emeritus and President Pro Tempore, National Conference

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Jewellery Crafts Design Competition at IIJS Bharat-Premiere 2026

Mumbai: IIJS Bharat – Premiere 2026 invites you to participate in the “Jewellery Crafts Design Competition”, presented under this year’s Brilliant Bharat – “Music of India” theme. For the 42nd edition of IIJS Bharat – Premiere, exhibitors are encouraged to create jewellery inspired by India’s rich and diverse musical heritage. From classical ragas, folk traditions, devotional music, and regional instruments

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PGI (India) Strengthens its Consumer Visibility

Mumbai: Platinum Guild International (PGI) India has announced a focused hyperlocal activation programme ahead of the upcoming wedding season, aimed at strengthening consideration for platinum jewellery across key markets. The programme will run from mid-June to mid-July 2026. Designed to deliver high reach and frequency across premium catchments, the initiative aims to increase visibility for platinum jewellery closer to key

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IIJS Bharat Premiere Strengthens GCC Outreach with Deira Gold Souq Campaign

Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) stepped up its buyer outreach in Dubai, placing the famed Deira Gold Souq at the heart of its campaign to drive participation in IIJS Bharat Premiere, scheduled to be held from 5 to 10 August 2026 in Mumbai. With 76% of Dubai’s jewellery buyers concentrated in Deira Gold Souq, the district

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