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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SDiX to List Diamond Bullion

Singapore: The Singapore Diamond Mint Company (“SDM”) announced the launch of the Diamond Bullion, a revolutionary new investment product designed to bolster investment in diamonds as an asset class by providing a standardised, liquid, and exchange-listed format for diamond trading. The Diamond Bullion is a credit card-sized package of investment-grade diamonds in a tamper-resistant sintered zirconia case, with a unique

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Good Sentiments for Diwali: Saurabh Gadgil

Mr. Saurabh Gadgil, Chairman & Managing Director of PNG Jewellers and Director, Indian Bullion Jewellers Association (IBJA) has expressed his opinion on market sentiment and projection and for the upcoming festive season: He said, “We welcome the decision to extend the provisions of PMLA from the present limit of Rs. 50,000 to Rs. 2,00,000 in the case of jewellery purchases.

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CIBJO Gemmology Comm's Sp. Report

Milan: With fewer than four weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the sixth of the CIBJO commissions’ Special Reports has been released. Prepared by Hanco Zwaan, President of the organisation’s Gemmology Commission, the report looks at a series of issues on the agenda of the gemmological community, including

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IIDGR to Provide Technology to SDM

London: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, today announced it will provide diamond verification services to Singapore Diamond Mint Company’s (SDM) new investment-grade diamond product, Diamond BullionTM, listed on the Singapore Diamond Investment Exchange (SDiX). IIDGR will use its proprietary diamond inscription technology to inscribe a unique identification number on the tables

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European Natural Diamonds Exempted from US Tariffs

Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner

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De Beers’ Rough Production Rises 88% in Q2 2026

London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during

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Only Natural Diamonds Should be Graded with 4Cs: CIBJO

Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the

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Forevermark Diamond Jewellery Enters East India

Kolkata: Forevermark Diamond Jewellery from De Beers Group has strengthened its presence in East India with the launch of its new store at South City Mall, Kolkata, marking the opening of its 10th store in India and another significant milestone in the brand’s retail expansion journey. Inaugurated by filmstar Raima Sen, the store brings Forevermark’s signature collection of natural diamond jewellery to one of the

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