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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
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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CIBJO Releases Ethics Comm's Sp. Report
Milan: With fewer than five weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the fifth of the CIBJO commissions’ Special Reports has been released. Prepared by Cecilia Gardner, President of the organisation’s Ethics Commission, the report focuses on social investment in and by the jewellery industry, looking at how it
India’s G&J Exports Fell by 8% in April-Aug
Mumbai: India’s Gems and jewellery exports contracted 8.12 per cent to $13.5 billion during April-August this year, according to the Gem and Jewellery Export Promotion Council (GJEPC) data. This compares with $14.7 billion in the same period last year. The labour-intensive sector contributes about 14 per cent to the country’s overall export. The drop in shipments is mainly due to
Platinum Maintains Impressive Growth Rate
Mumbai: In India, the Platinum Guild International’s (PGI) marketing efforts are helping drive the rapid growth in platinum jewellery demand. Demand in June was also boosted by a rush to buy jewellery to take advantage of the lower prices just before the introduction of the new Goods and Services Tax (GST) from 1 July. Ms. Vaishali Banerjee, MD India, PGI
Mujeres Brillantes Strikes Promising future
Vicenza: The international group of women in the jewelry and watchmaking industry, Mujeres Brillantes, has just over a year since its founding. During this time, the organization has achieved worldwide recognition. On this occasion, within the framework of the Annual Meeting of Mubri, members of the distinguished group travelled to participate in the Fair of VicenzaOro. The space in Italy
GJEPC Showcases India’s Craftsmanship at JCK Las Vegas
Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) marks a defining milestone this year, celebrating its 21st consecutive participation at JCK Las Vegas, the world’s premier jewellery trade event. From May 29th to June 1st, 2026, at The Venetian Expo, the India Pavilion will serve as a global stage for 33 of India’s most visionary member exporters. Spanning
Edward Asscher Re-Elected as RJC Vice Chair
London: Edward Asscher is re elected as the Vice Chairman of the Responsible Jewellery Council (RJC). Mr. Asscher has served in the role for the past four years. In 2024, Asscher was a nominee for the chairman position. However, he ultimately lost the vote to Richline CEO Dave Meleski and remained vice chairman. Though Asscher retired in 2020 after five decades at the helm of family-run
NDC Welcomes GJEPC Membership
Las Vegas: India’s Gem & Jewellery Export Promotion Council (GJEPC) has recently joined the Natural Diamond Council (NDC). The NDC announced membership of GJEPC, making it the first industry body to progress toward NDC membership under the Luanda Accord framework. The milestone follows GJEPC’s signing of the Luanda Accord in June 2025 and the Memorandum of Understanding during the second
Sky Gold & Diamonds Delivers Robust FY26 Performance
Mumbai: Sky Gold & Diamonds, a leading gold manufacturing company and a key partner to retail chains such as Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds, has declared its Q4 & FY26 Results. The company has reported a robust FY26 performance with consolidated revenue rising 77.4% YoY to ₹6,295 crore and PAT increasing 112.4% YoY to ₹282 crore, supported by strong execution, improving margins and operational
