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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India’s Gold Import Doubled in Apr-Sep 2017

New Delhi: India’s gold import more than doubled to $16.95 billion during the first six months of the current financial year, as per the data by Ministry of Commerce. The imports of the precious metal were around $6.88 billion during the period April- September last fiscal, the data said. However, the import of gold dropped by 5% to $1.71 billion

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De Beers’ 8th Cycle Fetches $307 Mln.

Gaborone: De Beers sold rough diamonds with a provisional value of $307 million in the eighth sales cycle (Global Sightholder Sales and Auction Sales) of 2017, as the miner offered fewer diamonds for sale due to Jewish holidays and the Diwali festival. Bruce Cleaver, CEO, De Beers Group, said, “De Beers offered fewer rough diamonds for sale in Cycle 8,

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Private Sectors to Organize Ruby Show

Bangkok: The Gem and Jewellery Institute of Thailand (Public Organization) or GIT, under the supervision of the Ministry of Commerce, collaborated with private sectors to organize the World Ruby Forum 2017 on November 4, 2017 at Shangri-La Hotel, Bangkok, to promote, raise awareness and create accurate understanding about ruby to worldwide audiences. “GIT is the core institution that promotes, supports

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ORRA Honoured Winners of Nach Baliye

Mumbai: ORRA, one of India’s finest jewellery retail chains, recently honoured the real life couple Divyanka Tripathi and Vivek Dahiya, the winners of Nach Baliye Season 8 with ORRA’s bestselling “Platinum Couple Bands” at their store at Inorbit Malad. The celebrated TV couple exchanged a gorgeous pair from ORRA’s Platinum Couples Collection of love bands, etched with the words “Love”

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First-Ever Sale of 100% Traceable Artisanal Diamonds from Congo

Antwerp/Kinshasa: Today, fully traceable, artisanal diamonds from the Democratic Republic of Congo were sold on the international market for the very first time in Antwerp. The diamonds, originating from the Kasai region, are part of OrigemA:a Belgian-Congolese initiative that provides artisanal miners with access to international markets, guarantees fair prices, and supports the livelihoods of more than 3 million people. During this first

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New Source of Paraíba Tourmalines Reportedly Discovered in Ethiopia

Basel: Copper-bearing tourmalines—widely known in the trade as Paraíba tourmalines—have captivated gem dealers, collectors, and enthusiasts around the world since they first appeared on the market in the late 1980s. The Swiss Gemmological Institute SSEF has received credible reports from trade sources that indicate a new deposit of copper-bearing tourmaline has been discovered in Ethiopia. To date, the number of

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Lukson Opens its 10th Exclusive Store in Bandra

Mumbai: Lukson, one of India’s fastest-growing lab-grown diamond jewellery brands and the D2C arm of the 34-year-old JK Star Group, announced the opening of its 10th exclusive retail store in Bandra, Mumbai, one of India’s most coveted fashion, luxury, and lifestyle destinations. The milestone opening marks a significant chapter in Lukson’s rapid retail expansion and reinforces the brand’s commitment to making

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JGA 2026 Opened in Hong Kong

Hong Kong: Nearly 1,100 exhibitors from around 30 countries and regions have gathered at the Hong Kong Convention & Exhibition Centre to showcase their latest collections to international buyers at Jewellery & Gem ASIA Hong Kong (JGA) 2026, which runs until Sunday, June 21, 2026. Organised by Informa Markets Jewellery, Asia’s No.1 mid-year B2B jewellery buying destination brings together two co-located

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