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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2nd Edition of Dajikaka Trophy Launched

Pune: PNG Jewellers announced its second edition of the one act play competition “Dajikaka Gadgil Karandak”  (Trophy) celebrated to commemorate the founder Late Shri Dajikaka Gadgil, who took great pride in promoting art & culture. It is a Maharashtra State Level competition participation entry forms for which will be available at all PNG Jewellers outlets including Pune, Mumbai, Ahmednagar, Aurangabad

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De Beers Announced New Appointments

Gaborone: De Beers Group today announced three new additions to its Executive Committee. Ann Cormack will succeed Arthur Hewett as Executive Head, Human Resources, as of October 2017. David Prager joins the Executive Committee as Executive Vice-President, Corporate Affairs, and Nancy Liu joins as Chief Operating Officer, Forevermark, both with immediate effect. Ann will join De Beers from Rolls-Royce, where

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Forevermark Glitters at The IIJS

Mumbai: Forevermark, the diamond brand from The De Beers Group of Companies participated for the third consecutive year at one of India’s most premium jewellery fairs, The India International Jewellery show (IIJS) which was held at the Bombay Exhibition centre from 27th to 31st July, 2017. De Beers lends a heritage of over 128 years and certifies that each Forevermark

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De Beers Rough Sales up in 6th Cycle of '17

Gaborone: De Beers reported a provisional sales figure of $572 million in its sixth sales cycle of 2017 which took place last week. The figure compares with of $528 million in its sixth sales cycle of 2016. Bruce Cleaver, CEO, De Beers Group, said: “The sixth sales cycle of the year maintained the trend of consistently good demand for De

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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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