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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Forevermark Presents Trends for 2017

Mumbai: Forevermark, the diamond brand from The De Beers Group of Companies, launched the Autumn-Winter trend collections 2017– Geo-Deco and Declaration. Inspired by fascinating patterns in nature, Geo-Deco focuses on geometrical elements at its core ¬– bringing balance, proportion and symmetry to create a harmonious whole. Shimmering lines of flowing diamonds, like sunrays, from a Forevermark solitaire diamond, add textural

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Millennial Women Looking for Authenticity

New York: Millennial women are looking for ‘the real deal,’ with nearly 9 in 10 (89 percent) looking for authenticity when buying luxury items such as diamonds, according to a new study by the Diamond Producers Association (DPA). “Despite living in a world of fast-fashion and unlimited choices, they crave the opposite,” the DPA said in a statement. “This sentiment

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GJEPC Felicitates CISF Officials

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Praveenshankar Pandya yesterday Felicitated CISF Senior Commandant Mr. Himanshu Pandey and CISF Deputy Commandant Mr. A K Nag for their commendable efforts in nabbing two Chinese citizens for allegedly stealing diamonds worth 34 lakhs of rupees during the India International Jewellery Show (IIJS), one of the world’s largest and

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Aisshpra Gems&Jewels Helps Flood Victims

Mumbai: Taken-aback by the disastrous calamity, Aisshpra Gems & Jewels disseminated immediate relief for the victims of flood affected areas in the outskirts of Gorakhpur. Aisshpra family participated in the flood relief fund and their employees were present in the village Macchaliya to assist people with necessities like –food, water etc. The brand distributed 2500 lunch packs along with packaged

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GJC Submits Jeweller-Integrated Framework for GMS

Mumbai: All India Gem and Jewellery Domestic Council (GJC) has been actively engaging with senior officials of the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) to advance a comprehensive revamp of the Gold Monetization Scheme (GMS). GJC has submitted a refined, jeweller-integrated framework for GMS, developed through structured stakeholder consultations across the banking, refining, and jewellery sectors. The

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India’s New Shopping Mindset, Before You Buy Gold, #PehlaCheckIAGES

Mumbai: Indian consumers are being given the choice to make more informed decisions while buying gold. The efforts of Indian Association of Gold Excellence and Standards (IAGES), a self-regulatory organization created by the gold industry, is beginning to see the fruits of the groundwork it has put, into encouraging a shift in the gold-buying mindset of people with its pan

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De Beers Diamond Output Rises 17% in Q1 2026

London: De Beers Group reported a 17% rise in rough diamond production to 7.1 million carats in Q1 2026, driven by higher volumes from Canada and South Africa. The increase was operational. Canada recorded the sharpest growth, with production rising to 1.0 million carats, up 163% on planned ore release from Gahcho Kué. South Africa output surged 53% to 0.7

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IIGJ Udupi Centre Inaugurated by India’s FM

Udupi, (Karnataka): Marking a significant milestone in India’s gem and jewellery skill development landscape, the Indian Institute of Gems & Jewellery (IIGJ), Udupi was unveiled yesterday as a new centre of excellence by India’s Finance Minister (FM) Mrs. Nirmala Sitharaman, reaffirming the government’s continued focus on skilling, innovation and employment generation for the sector. The ceremony was attended by Mr.

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