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

AWDC Denounces Accusations

Antwerp: The Antwerp World Diamond Centre (AWDC) denounces accusations made by Global Witness earlier yesterday regarding three shipments of diamonds from Zimbabwe which were traded in Antwerp between December 2013 and September 2014. According to Global Witness, European sanctions that are enforced against Zimbabwe may have been violated, because of the sale of three shipments of Zimbabwean diamonds in Antwerp,

Read More »

G&J Museum in Jaipur to be Opened Soon

Jaipur: The Rajasthan Chamber of Commerce and Industry (RCCI) is set to unveil a museum that will please jewellery admirers to no end, reports The PinkCity Post. The gems and jewellery museum located inside the Chamber Bhawan, which is yet to be opened to the public, is a rare museum showcasing more than 400 varieties of natural stones and signature

Read More »

Özlem Tuna Wins Gem Empathy Award

London: Turkish jewellery designer and International Jewellery London (IJL) Design Gallery exhibitor, Özlem Tuna, has won the 2017 Gem Empathy Award with her ‘Dance of Branches’ ring, announced Gem-A. This year, IJL exhibitors from across the globe were tasked with creating a hand-drawn or CAD rendered design based around a beautiful, fancy-cut gemstone sourced from award-winning gem-cutter, John Dyer. The

Read More »

IDE Backs Diamond-Based Digital Currency

Ramat Gan: The Israel Diamond Exchange (IDE) has signed an agreement with start-up CARATS.IO to launch a digital currency backed by diamonds named CDC – CARATS.IO Diamond Currency. The start-up specializes in Big Data solutions for the precious gems and diamond industries. The new digital currency will be based solely on investments in diamonds purchased at the Israel Diamond Exchange.

Read More »

Feriel Zerouki Forced Diamond ind. to Face Itself

Antwerp: Feriel Zerouki forced the diamond industry to confront the questions it had long avoided during her presidency of the World Diamond Council (WDC), a tenure defined by service to those most exposed at the front line of the trade. Taking office at a time of rising scrutiny, tightening regulation and changing consumer expectations, Zerouki placed reform of the Kimberley

Read More »

Anoop Mehta Elected as Vice President of WDC

Antwerp: Mr. Ronnie Vanderlinden was elected as the president of World Diamond Council (WDC) and Mr. Anoop Mehta was elected as Vice President of the WDC un-opposed. During the recently held AGM of WDC in Antwerp, Mr. Ronnie Vanderlinden was appointed President of WDC and Mr. Anoop Mehta who is currently serving as the President of Bharat Diamond Bourse (BDB),

Read More »

IAGES Grows to 550+ Accredited Partner Outlets 

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a self-regulatory body has crossed the 100+ accredited partner landmark, establish a strong presence with 550+ partner outlets. With its footprint spanning 240+ cities pan India, IAGES consolidates its position as the facilitator of trust, transparency, and standardization in the gold sector. The IAGES accreditation network today spans the entire

Read More »

Kama Jewelry Turns 30

Mumbai: Mumbai-based Kama Jewelry has marked three decades of fine jewelry manufacturing, Rs.982 Crore in revenue, 1,200 craftspeople, 260+ clients across four continents, and a 27% CAGR that rivals the best long-term compounders in Indian business. • Rs.982 Cr — FY2025-26 Revenue | +22% YoY growth• 27.1% — 30-Year CAGR | No outside capital raised• 1,200+ — Master craftspeople, all

Read More »

Latest Videos