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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GJEPC Pleased with De Beers’ Mktg Spend

Mumbai: Mr. Praveenshankar Pandya, Chairman, Gems and Jewellery Export Promotion Council (GJEPC), has welcomed the decision of the world’s leading diamond company, De Beers, to increase its current year marketing spend to USD 140 mn in key markets of the US, India and China. De Beers is also increasing its partnership marketing with GJEPC and the Diamond Producers Association (DPA).

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12 % Drop in De Beers’ 7th Cycle Sales

Gaborone: De Beers’ rough-diamond sales declined in its August sight as the relatively early date of Diwali this year moved demand up to the previous sale. Proceeds from the miner’s seventh sales cycle fell 12% to $505 million from the revised July figure of $576 million, the company said Tuesday. Compared with the August sight a year ago, sales were

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ALROSA Holds Two Auctions Within EEF

Moscow: ALROSA is holding two auctions for the sale of rough and polished diamonds within the Eastern Economic Forum (EEF), which will take place in Vladivostok from 6 to 7 September 2017. From August 24 to September 6, the United Selling Organization (USO) of ALROSA has been auctioning special size rough diamonds of 10.8+ ct. The company puts for sale

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Alrosa Pres. Ivanov Appointed to DPA Board

Moscow: ALROSA President Sergey Ivanov has been appointed to the Board of the Diamond Producers Association (DPA). “I am delighted to join the DPA team and appreciate the efforts made by the Association to promote our business,” said Ivanov. “It is important to remember that a diamond is not only a beautiful object of consumption. The diamond industry creates millions

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Call for African Unity to Defend Natural Diamond Industry

Freetown, Sierra Leone: Against a backdrop of mounting concern over the future of Africa’s diamond sector, ministers from leading diamond-producing nations convened in Freetown, Sierra Leone, on May 20, 2026, to address a challenge that is rapidly transforming the global jewellery landscape—the growing dominance of laboratory-grown diamonds. A key voice at the Council of Ministers meeting of the African Diamond

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Resilient Growth for Platinum Jewellery in 2025

Mumbai: Platinum Guild International (PGI) presented its annual Platinum Jewellery Business Review (PJBR) in an online presentation, themed “A year of resilience”. The review set out platinum jewellery demand across key markets in 2025 and the outlook for 2026, describing an exceptional year for platinum jewellery that was best characterized as a year of resilience.   Mr. Tim Schlick, CEO of PGI, reviewed

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GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector

New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by Hon’ble Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Kirit Bhansali was representing the Gems & Jewellery sector that contributes 7%

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Registrations for CIBJO Congress Now Open

Milan: Registrations for the 2026 congress of the World Jewellery Confederation (CIBJO) via the dedicated congress website located at: www.cibjo.org/congress-2026/ are now open. The congress will take place in Vicenza, Italy, from Friday, September 4, 2026, through Monday, September 7, 2026.  The milestone event has been declared the Centenary Congress, and it will mark 100 years since CIBJO’s establishment in 1926.

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