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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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

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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

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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

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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

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Edward Asscher Announces Candidacy for VC of the RJC

Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue

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Industry Expectations on Akshay Tritiya Sales

Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold

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India’s G&J Exports Grew During April’25 & Mar’26

Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical

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Gaetano Cavalieri Awarded 2nd Highest Rank in Italian Knighthood Order

Milan: CIBJO President Mr. Gaetano Cavalieri has been named a Grande Ufficiale (Grand Officer), the second-highest rank within the Ordine al Merito della Repubblica Italiana, the most senior knighthood order of merit in the Italian Republic. Established in 1951, the order recognizes accomplishments in the fields of science, literature, arts, economy, public service, and social, philanthropic and humanitarian activities and for

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