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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‘Hari Krishna Sarovar’ Inaugurated

Amreli (Gujarat, India): On the occasion of his Birthday, India’s Prime Minster Mr. Narendra Modi inaugurated “Hari Krishna Sarovar” (Lake) through Video Conference from Amreli in Gujarat. The Lake which has been constructed is a brainchild of Mr. Savji Dholakia, reputed diamond merchant who hails from small time village named Dudhala from this region. Mr. Savji Dholakia got inspiration to

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De Beers' Initiatives to Empower Women

Gaborone: De Beers Group today announced a three-year partnership with UN Women to accelerate the advancement of women across its organisation, in its diamond producing countries and in its marketing. As a UN Women partner, De Beers has committed to achieving parity in the appointment of women and men into senior leadership roles, investing in women micro-entrepreneurs and STEM students

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CIBJO Releases Special Report

Milan: With fewer than seven weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the third of the CIBJO commissions’ Special Reports has been released. Prepared by Udi Sheintal, President of the organisation’s Diamond Commission, the report focuses on the terminology used both within the industry and in the consumer markets

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IIDGR Strikes 4 Grading Partnerships in Asia

London: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, has established four new diamond grading partnerships with leading diamond jewellery retailers in Thailand, Vietnam and China. The partnerships, with Aurora Diamond in Thailand, DOJI Group in Vietnam and Chow Tai Seng and CHJ in China, reflect the rapidly growing demand from Asian jewellers for

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IIJS Bharat Premiere 2026 Promotion Across Thailand

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has expanded its promotional campaign for IIJS Bharat Premiere 2026 across Thailand through a series of meetings with the Embassy of India, leading industry associations, government institutions and jewellery retailers. Varun Chulet, Assistant Director, GJEPC Jaipur, led the outreach aimed at strengthening bilateral trade ties and encouraging greater Thai participation in

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20 under 40: Celebrating the Next Generation of Leaders

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC)’s 20 Under Forty Awards celebrate exceptional young leaders shaping the gem and jewellery industry. The GJEPC recently opened nominations for the 2026 edition. Honorees will be recognized at IIJS Bharat – Premiere 2026, being held August 5–9 at the Jio World Convention Centre and August 6–10 at the Bombay Exhibition Centre

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GJEPC Gears Up Industry for India–UK CETA Rollout

Mumbai: The implementation of the landmark India–UK Free Trade Agreement (FTA) on 15 July 2026 marks a transformative milestone for India’s gem and jewellery industry, opening the door to significantly greater market access, enhanced competitiveness and accelerated bilateral trade with one of its key export markets. With zero-duty access for nearly 99% of Indian exports to the UK, the agreement

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Global Gold City Project Announced

Hyderabad: Goldsikka Limited, a Hyderabad based Company, has introduced the Global Gold City Project (GGC), a pioneering initiative to establish India’s first integrated gold ecosystem. This project will consolidate mining, refining, trading, manufacturing, and digital infrastructure into a single hub, positioning India as a global leader in the gold industry. The project’s main objective is to Build a world class gold

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