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

Read More »

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

Read More »

Top News

7th IIJW Gets Glittering Opening in Mumbai

Mumbai: It was a grand opening of the India International Jewellery Week 2017 powered by GIA when Nakshatra World unveiled a stunning collection of amazing jewellery to dazzle the packed hall at St Regis Hotel, Mumbai. The Gem and Jewellery Export Promotion Council (GJEPC), apex body of the gems & jewellery sector, presented the 7th edition of the India International

Read More »

Dubai Diamond Conference on 16-17 Oct.

  Dubai: International leaders of the diamond industry ranging from African ministers to traders, financiers and world-renowned jewellers will take part in the Dubai Diamond Conference, to be held next month. The Dubai Diamond Exchange (DDE), a Dubai Multi Commodities Centre (DMCC) platform  announced the keynote speakers and subjects to be discussed at the third edition of its biennial two-day

Read More »

ALROSA Recovered 27.85 ct. Pink Diamond

Moscow: “Almazy Anabara”, a subsidiary of ALROSA, recovered a large pink rough diamond weighing 27.85 carats. This is a unique discovery by far the largest company’s pink rough diamond had a weight of about 4 carats. If the company decides to cut this stone, it could become the most expensive polished diamond in the history of ALROSA. The rough diamond

Read More »

Exploring the Beauty in Diamonds at HKE

Mumbai: Forevermark, the diamond brand from The De Beers Group of Companies recently arranged a factory visit of Hari Krishna Exports (HKE) based in Surat. HKE has sailed through last two-and-a-half decades, and its growth reflects that of India’s diamond trade as a whole. The manufacturer and polished-diamond supplier, which celebrates its 25th anniversary this year, has gone from having

Read More »

Candere Announces Smriti Mandhana as its New Brand Ambassador

Mumbai: Candere, the lifestyle jewellery brand from the House of Kalyan Jewellers, has announced celebrated Indian cricketer Smriti Mandhana as its new brand ambassador. Joining Shahrukh Khan as the face of the brand, Smriti’s association marks a significant step in Candere’s journey to strengthen its connect with young, modern Indian consumers. One of India’s most accomplished cricketers, Smriti has built

Read More »

GJEPC Urges RBI to Ease Banking Norms to Boost G&J Exports

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has urged the Reserve Bank of India (RBI) to introduce a series of banking and regulatory reforms to strengthen the competitiveness of India’s gem and jewellery (G&J) exports. The Council’s recommendations focus on improving exporters’ access to working capital, reducing compliance bottlenecks, streamlining banking procedures and creating a more facilitative regulatory

Read More »

GJEPC Highlights Key Policy Priorities at Meeting with CIM

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) highlighted the industry’s key policy priorities during a meeting chaired by Mr. Piyush Goyal, the Union Minister of Commerce & Industry, with Export Promotion Councils (EPCs) and industry associations in New Delhi on 24 June to review the Export Promotion Mission (EPM). Ashish Borda, Convenor – PMBD, GJEPC, and Sabyasachi

Read More »

Thangamayil Jewellery, Receives IAGES Accreditation

Madurai: Gold buyers in Tamil Nadu can now purchase their favourite precious metal with complete trust and transparency from Thangamayil Jewellery Limited (TMJL), one of the most recognized chain of jewellery stores in the state. TMJL has officially received its IAGES accreditation, further cementing its commitment to serve its consumers in the most ethical, responsible and sustainable manner. The Indian

Read More »

Latest Videos