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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Top News

India Bans Gold Exports Above 22 Carats

New Delhi: India has banned the export of gold products with purity above 22 carats with immediate effect to curb irregularities in the trade. The Directorate General of Foreign Trade issued a notice limiting shipments of jewellery, coins and medallions to 22 carats or below, without giving a reason. “The move may be to reduce round-tripping of jewellery and coins,

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WHP Jewellers' New Store in Navi Mumbai

Mumbai: WHP Jewellers broadened their horizon in Navi Mumbai with the launch of WHP Store in Seawoods Grand Central Mall, Navi Mumbai. The store was inaugurated on 11th August 2017 in presence of Mr. Subhash Pethe & Mr. Aditya Pethe, Director, WHP Jewellers and other prominent personalities. Established by Late. Shri Waman Hari Pethe and Late Shri. Ganesh Hari Pethe

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GJF Reacts Sharply on Economic Survey

New Delhi: The Goods and Services Tax (GST) rate of 3% on gold is low and needs to be increased as it is consumed by the “very rich”, feels chief economic advisor Arvind Subramanian, the author of the Economic Survey. According to the Economic Survey Volume II 2016-17, tabled in Parliament on Friday, “The tax on gold and jewellery products

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Guaranteed Quality Jewellery from Thailand

Bangkok: The Department of International Trade Promotion (DITP), Ministry of Commerce, guarantees the quality and craftsmanship of Thai jewellery brands with the Thailand Trust Mark or T Mark, a symbol of trusted quality and excellence, while preparing to host the 60th edition of the Bangkok Gems and Jewellery Fair which will take place from September 6 to 10 at Challenger

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Central Banks Set to Step up Gold Buying over the Next Year

London: The World Gold Council’s (WGC) annual Central Banks Gold Reserves Survey reveals that 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months. With gold recently overtaking US government bonds as the top reserve asset, the findings point to continued momentum in central bank demand for gold. That confidence is also

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India’s G&J Exports Stood at US$ 4.27 Bln in April–May 2026

Mumbai: India’s gem and jewellery exports stood at US$ 4.27 billion (Rs. 40,398.97 crore) during April–May 2026 as compared to US$ 4.55 billion (Rs. 38,848.42 crore) during the corresponding period of the previous year. While overall exports declined by 6.03% in dollar terms, they registered a growth of 3.99% in rupee terms. The figures are provided by India’s Gem &

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Fraudulent Filling of Fissures in Emeralds

Basel: Based on a number of recent cases, the Swiss Gemmological Institute SSEF is issuing a trade alert concerning a fraudulent practice that has resurfaced in the emerald market. It concerns the filling of fissures in stones after they have been tested, with the emerald stone being offered for sale along with the earlier report that indicated little or no

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Global Jewellery Industry Meets at IIJS Bharat Premiere 2026

Mumbai: Over 2,700+ international visitors from 80+ countries & 50,000+ trade visitors are set to converge in Mumbai for the most anticipated gathering of the global jewellery industry. Among them is Suzan Von Zahn of SVZ Jewellery, South Africa, who shares her excitement about attending IIJS Bharat Premiere 2026 and exploring the exceptional craftsmanship and business opportunities the show has

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