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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Carats.io: Polished Diamond Prices Flat

Ramat Gan: Polished diamond prices in Israel decreased 0.16% during week seven of 2018. GDX, Carats.io’s general index, closed the week at 10,097.64. The index represents the most tradable diamonds in the Israeli diamond market. Carats Background – description of indexes: Carats tracks the asking prices of tens of thousands GIA certified, round diamonds offered on Get Diamond: GDX –

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Zaheer and Sagarika Celebrate V'Day with Platinum

Mumbai:  The month of February brings with it an air of romance. With Valentine’s Day around the corner, couples leave no stone unturned to express their love for their special one. It becomes extra special when it’s your first valentine’s day as husband and wife! For the newly wedded couple Zaheer Khan and Sagarika Ghatge, this day, had to be

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IIDGR Surat Lab Installs Solar Roof

Surat: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, has installed a 34.8 kilowatt solar roof at its grading and inscription facility in Surat, India, to provide the operation with a renewable energy supply. Generating an average of 56,000 units of electricity each year, the solar plant will reduce the heat load of the

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Aisshpra Gems & Jewels Wins ET NOW ‘Distinction’

Mumbai: Luxury Jewellery brand, Aisshpra Gems & Jewels wins the ‘Retail Transformation of the Year 2018 Award’ at ET NOW Global Awards for Retail Excellence held in Mumbai. The coveted award was presented to Mr Atul Saraf, Director, Aisshpra Gems *Jewels accompanied by Mr Vaibhav Saraf, Director, Aisshpra Gems & Jewels at the hands of Retail Veteran, Mr Biju Kurien

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Gold Smuggling Arrests Jump 750% YoY in India

Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have

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