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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
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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De Beers and Botswana Extend Partnership with Letsile Tebogo
London: De Beers Group and the Government of the Republic of Botswana today announced the extension of De Beers’ partnership with Olympic champion and Botswana sporting icon Letsile Tebogo. Originally launched in January 2025, when Tebogo was appointed a De Beers Global Ambassador, the partnership has now been expanded into a three-year programme of work between De Beers and the
Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone
Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at
Sky Gold & Diamonds Acquires Purvi Gems
Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is
‘UNNATI’ to Power Women in G&J Industry
Surat: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s gem and jewellery industry, yesterday launched ‘UNNATI – Powering Women in Gems & Jewellery’, a national mission to drive women in the sector learn, lead and grow as skilled professionals, entrepreneurs and future leaders. Beginning with its Gujarat chapter at Sardar Patel Smruti Bhavan, Surat, UNNATI
Foundation of India Jewellery Park Laid
Mumbai: India Jewellery Park, Mumbai, a mega initiative by the Government to take India’s jewellery manufacturing and trade to a new level, was inaugurated with the foundation stone laying ceremony by Mr. Devendra Fadnavis (Hon. Chief Minister of Maharashtra); Shri Suresh Prabhu (Hon. Union Minister of Commerce & Industry and Civil Aviation, Govt. of India); Mr. Subhash Desai (Hon. Minister of
Platinum Evara the Choicest Gift this Women’s Day!
Mumbai: Women today are leading change in transitioning societies with utmost passion and grit. Confident, independent and strong willed, women of today are making courageous rare choices that is contributing to building a more progressive, equal society. They are questioning traditional norms, pushing gender boundaries, in both, their professional and personal lives. In recent times, it’s heart-warming to notice that
De Beers DVI to Get Assure Seal of Approval
London: De Beers Group Industry Services announced that all four of their diamond verification instruments (DVI) submitted for testing as part of Project ASSURE have received outstanding results. Project ASSURE is a joint collaboration between the Diamond Producers Association (DPA) and Signet Jewelers, with input provided by other participants in the diamond industry and gemmological laboratories, including De Beers Group.
Aisshpra Collaborates with Royal Fables
Lucknow: Aisshpra Jewllery Boutique by Umang Agarwal, the house that caters to the luxurious taste of city of Nawabs Lucknow collaborated with Royal Fables, a heritage platform renowned for glorifying Indian Royalty. This regal exhibition was hosted on Friday March 1st and Saturday 2nd March 2019 respectively at 11 Habibullah Estate, Hazratganj. The event was an amalgamation of Art, Fashion
