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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IIJS Bharat Tritiya 2026 Ends with Great Success

Bengaluru: The 4th edition of IIJS Bharat Tritiya 2026, organized by India’s Gem & Jewellery Export Promotion Council (GJEPC), concluded on a triumphant note at the Bengaluru International Exhibition Centre (BIEC), solidifying its position as India’s third-largest B2B jewellery exhibition. The show witnessed a massive scale-up, hosting over 1,100 exhibitors and 1,900 stalls, while attracting 15,000 trade buyers from 500

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GJEPC Team Meets Nirmala Sitharaman

New Delhi: A GJEPC delegation met Union Finance Minister Mrs. Nirmala Sitharaman in New Delhi on 27th March 2026 to discuss matters concerning the industry. The Council delegation, led by Mr. Kirit Bhansali, Chairman, GJEPC, also included Mr. Shaunak Parikh, Vice Chairman, GJEPC; Mr. Sabyasachi Ray, Executive Director, GJEPC and Mr. K.K. Duggal, Director – Policy, GJEPC. A key focus

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Gemfields Releases 2025 Audited Report

London: Gemfields Group Limited (GGL) recently announced its audited Annual Report for the year ending December 31, 2025, reporting total revenue of $ 135.1 million, down from $ 199.4 million in 2024. The fall in revenue was credited to disruptions in the emerald market during the first half of the year and reduced recovery of premium-grade rubies at Montepuez Ruby

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41st World Diamond Congress Announces Programme

Singapore: The Organising Committee of the 41st World Diamond Congress, to be held July 12-15, 2026, in Singapore, announced its Congress programme. The Congress will include five discussion forums or panels. They are: The World Diamond Congress is the diamond industry’s foremost global gathering, held biennially by the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association

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Divine-7801 Brahma Vajra Kamalam to be Auctioned

Mumbai: The New Guinness World Record for Most Diamonds Set in One Ring was achieved in September, 2020 by Kotti Srikanth, owner of The Diamond Store by Chandubhai (A unit of Hallmark Jewellers) in Hyderabad, India. The ring with a total of 7,801 natural diamonds is set to go for auction online from 13th November to 22nd November 2020. The registrations for bidding shall commence from 2nd November 2020. The

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2nd Virtual IGCM Explores Opportunities with Colombia

Mumbai: After the successful India Global Connect meet with the UK, India’s Gem and Jewellery Export Promotion Council (GJEPC) organised the second edition of the India Global Connect Meet (IGCM) with Colombia on 28th October. His Excellency Sanjiv Ranjan, Ambassador of India to Colombia; Mr. Suresh Kumar, Joint Secretary, MOCI; Mr. Jaime Mantilla, Executive President of the Colombia India Chamber of Commerce

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GTL, Jaipur Recalibrates to Offer World-Class Services

Jaipur: The Gem Testing Laboratory (GTL), Jaipur being operated by the Gem & Jewellery Export Promotion Council (GJEPC) for 48 years at Rajasthan Chamber Bhawan, M.I. Road has taken a leap, turning into a world-class laboratory, with infrastructure at par with most of the internationally established and renowned gemmological laboratories. The laboratory is now housed in a sprawling 10,000 sq

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India’s Gold Jewellery Demand Halves in Q3: WGC

Mumbai: India’s total gold demand in Q3 2020 was down 30% to 86.6 tonnes year-on-year, which underscores the likelihood that the country may register its lowest annual gold consumption on record, according to the World Gold Council (WGC). Third-quarter demand was nonetheless 35% higher than Q2 2020 partially due to easing of lock down and some low prices in August

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