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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GIA India Holds Discussion on Synthetic Diamonds

Ahmedabad: GIA (Gemological Institute of America) India held a panel discussion on “Synthetic Diamonds: Challenges and Opportunities” at Hotel Hyatt Ahmedabad on Mar. 5, 2018. Ms. Nirupa Bhatt, Managing Director of GIA India and Middle East, moderated the discussion about encouraging disclosure and ensuring that diamonds are checked by a credible gemmological laboratory. The speakers at the discussion included Mr.

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Celebrate Spirit of Womanhood with Rare Platinum

Mumbai: This international Women’s day, celebrate “her” with Platinum. A woman is indispensable to every life she touches and every role she dons. Her indomitable spirit and grace has become the voice and inspiration for the new world. Today, she is reshaping all conventional moulds and defining them with her individuality and inner strength. This enduring spirit of her deserves

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CIBJO Urges Acceptance of Blue Books Standards

Milan: Speaking at an industry seminar in Hong Kong, CIBJO President Gaetano Cavalieri has urged both government authorities and jewellery and gemstone associations to incorporate the standards and nomenclature contained in the CIBJO Blue Books into their respective national guidelines, as a measure designed to facilitate more transparent and efficient international trade. The CIBJO Blue Books are definitive sets of

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Provisional Value of De Beers’ 2nd Site is $555 Mln.

Gaborone: De Beers sold rough diamonds with a provisional value of $555 million, following confirmed sales of $672 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018 compared with a provisional figure of $665 million. Bruce Cleaver, CEO, De Beers Group, said, “The second sales cycle of the year saw the continuation of good rough

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Sky Gold & Diamonds Reports 90% Growth in Q2

Mumbai: Sky Gold & Diamonds has reported a big growth in its net profit and revenue for the Q2 of FY27. The Company posted a consolidated net profit of Rs. 127.87 crore in the quarter ended September 2026, registering growth of 90.9% from Rs 66.99 crore in the year-ago period. Q2FY27 and H1FY27 Financial Highlights (Consolidated) (All figures in ₹

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Unlocking Digital Gold’s US$ 700bn Opportunity

Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents

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Construction of India Jewellery Park, Mumbai Begins

Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant

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Qatar Diamond Exchange Broadens Asian Presence

Doha: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the Diamond Federation of Hong Kong, China (DFHK), establishing a strategic partnership between the two organizations. The agreement was formalized in Hong Kong by Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Lawrence Ma, President of DFHK. Founded in 2000, DFHK represents Hong Kong’s diamond

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