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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Customs Export-Import Facilitation Centre at SEEPZ-SEZ Inaugurated

Mumbai: India’s Minister of State for Commerce & Industry Mr. Jitin Prasada inaugurated the Customs Export-Import Facilitation Centre (CEIFC) at SDF-VIII in SEEPZ-SEZ, Mumbai, on 19 June 2026, marking a significant step towards strengthening trade facilitation within the export zone. The inauguration was hosted by Mr. Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ-SEZ. Senior officials present included Mr. Mayur

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Early Bird Discount for “TREASURES”

Lisbon: If you haven’t done so yet, there are still a few days to register with the reduced Early Bird rate and secure your seat for the second edition of TREASURES, an award-winning international colloquium that will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in

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First-Ever Sale of 100% Traceable Artisanal Diamonds from Congo

Antwerp/Kinshasa: Today, fully traceable, artisanal diamonds from the Democratic Republic of Congo were sold on the international market for the very first time in Antwerp. The diamonds, originating from the Kasai region, are part of OrigemA:a Belgian-Congolese initiative that provides artisanal miners with access to international markets, guarantees fair prices, and supports the livelihoods of more than 3 million people. During this first

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New Source of Paraíba Tourmalines Reportedly Discovered in Ethiopia

Basel: Copper-bearing tourmalines—widely known in the trade as Paraíba tourmalines—have captivated gem dealers, collectors, and enthusiasts around the world since they first appeared on the market in the late 1980s. The Swiss Gemmological Institute SSEF has received credible reports from trade sources that indicate a new deposit of copper-bearing tourmaline has been discovered in Ethiopia. To date, the number of

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