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

Seminar on Likely Impacts of EU Regulation

Milan: A blue-ribbon panel of experts will be brought together in Vicenza on September 24, to present to the jewellery industry the likely impact of recently approved Regulation (EU) 2017/821, which will regulate minerals from conflict areas into the European Union, and to discuss strategies that companies can employ to comply with its provisions. The seminar is being organised by

Read More »

ALROSA First Included in FTSE4Good Index

Moscow: ALROSA has been included on the FTSE4Good international rating, an index series designed to support investment in companies based on their environmental, social and governance criteria, for the first time. The rating system serves as an indicator of compliance with internationally recognized standards of the above-mentioned criteria. “The inclusion in the FTSE4Good international index is a remarkable event for

Read More »

Technology Creates Beauty at IIDGR

Surat: A select group of journalists were invited to visit the world’s only diamond inscribing, grading and certifying lab International Institute of Diamond Grading and Research (IIDGR) situated in Surat (India). The facility was created by global diamond mining and trading major, De Beers Group in March, 2015 at an initial investment of $10 million. The facility was further expanded

Read More »

Rio Tinto Shows Largest Red Diamond in HK

Hong Kong: Rio Tinto’s iconic Argyle Pink Diamonds Tender is being showcased to connoisseurs and collectors from across Asia in Hong Kong during Hong Kong Jewellery and Gem Fair from 13-17 September. Headlining the collection of 58 pink, red and blue diamonds is The Argyle Everglow™, the largest Fancy Red diamond in the 33-year history of the Argyle Pink Diamonds

Read More »

Vasant Mehta, Illustrious Leader of G&J Industry Dies

Mumbai: The Indian gem and jewellery industry has lost one of its most respected statesmen. Vasant Mehta, former Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), passed away today, leaving behind a remarkable legacy built over several decades of dedicated service to the industry. A second-generation diamantaire, Mehta graduated from Calcutta University and moved to Mumbai in 1966,

Read More »

BSM Brazil 2027 Returns to São Paulo with Expanded International Presence

São Paulo, Brazil: Following the remarkable success of its previous editions, Buyer Seller Meeting (BSM Brazil) will return to São Paulo in April 2027, further strengthening its position as Latin America’s premier international B2B event for the diamond, gemstone, jewelry and precious metals industries. Organized with the mission of connecting qualified buyers and leading international suppliers, BSM Brazil 2027 will welcome an even larger number

Read More »

Israel’s Diamond Industry Under Severe Pressure

Mumbai: Israel’s once-prominent diamond industry is facing one of the most difficult periods in its history, with veteran traders reportedly leaving the business and searching for alternative livelihoods. A recent report by Ynetnews has highlighted the depth of the crisis at the Israel Diamond Exchange in Ramat Gan, traditionally one of the world’s important diamond trading centres. According to veteran

Read More »

‘Advanced Leadership Programme in Gold Entrepreneurship’

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), announced the launch of the Advanced Leadership Programme in Gold Entrepreneurship, developed jointly with SPJIMR (Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research). The six-month executive programme is designed to build a new generation of professionally trained leaders for India’s gold and jewellery industry, combining SPJIMR’s academic

Read More »

Latest Videos