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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IIGJ Inaugurated in Varanasi

Varanasi (UP, India):  The Indian Institute of Gems and Jewellery (IIGJ), Varanasi, an educational venture of the Gems and Jewellery Export Promotion Council (GJEPC) starts its maiden operation in the historical city of art and culture, Varanasi. The premier Gem & Jewellery Institute was Inaugurated by Chief Minister of Uttar Pradesh, Mr. Adityanath Yogi & Mr. Amit Shah, BJP President

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Mujeres Billantes World Tour 2018

Panama: Mujeres Brillantes, an association founded in 2016 that serves as an empowering platform for women jewelers around the world, starts this new year with the right foot. As a new year brings new goals, Mujeres Brillantes welcomed 2018 with its first World Tour. Reaffirming her commitment to Mubri, Ali Pastorini, founder and president, started the tour in Panama where

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WFDB Congratulates New Officers of GJEPC

Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has expressed his congratulations to the newly elected President and Vice-President of India’s Gem and Jewellery Export Promotion Council (GJEPC) following elections for the top positions. Pramod Kumar Agarwal has been elected as Chairman for the period of 2018 to 2020, while Colin Shah has been elected as the Vice

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India Reduces GST on Polished Diamonds

Mumbai: The sharp cut in the rate of GST (Goods and Services Tax) on polished diamond has brought much cheer to processors and jewellery exporters. Around 94 per cent of the diamonds processed in the country would attract 0.25 per cent GST effective Friday, down from three per cent earlier, following the GST Council’s decision in this connection on Thursday.

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QDE Extends Bourse Network into Europe 

Vicenza: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with Borsa Diamanti d’Italia (Diamond Bourse of Italy), establishing a strategic partnership between the two bourses. The agreement was signed during the CIBJO Centenary Congress, held in Vicenza, Italy, from 4 to 7 September 2026, by Ghanim Nasser Al-Saadi, Director of the Qatar Diamond Exchange, and Luigi

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Platinum Jewelry Takes Center Stage at the Emmy Awards

Mumbai: The 78th Emmy Awards delivered a dazzling showcase of fine jewelry, with platinum featured in many of the evening’s most memorable red carpet looks. Prized for its rarity, enduring strength and naturally luminous white color, platinum provided the ultimate setting for extraordinary diamonds and rare gemstones worn by some of television’s biggest stars. From striking diamond earrings to contemporary

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De Beers Group Science & Technology Showcases SynthDetect 2

London: De Beers Group’s Science & Technology division today revealed SynthDetect 2, the next generation desktop diamond screening instrument. The first SynthDetect instrument and its successor SynthDetect XL – released in 2017 and 2018 respectively – have been among the most successful instruments in De Beers Group’s suite of diamond verification instruments due to their outstanding technical screening functionality and

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Amit Shah Graces 52nd India Gems & Jewellery Awards

Industry’s premier awards bring together national and state leadership, recognising excellence and India’s growing global ambitions Mumbai: In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble

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