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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'Vision 22' to Make India Global Jewellery Hub

Mumbai: “India’s vision is to become global jewellery hub by the end of 2022 and accordingly a strategical plan has been drawn. We have also outlined a plan to increase our exports by about 40% over the next five years,” said Mr. Praveenshankar Pandya, chairman of the country’s Gem and Jewellery Export Promotion Council (GJEPC). The council has prepared a

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National Jewellery Awards Presented by GJF

Mumbai: The 7th National Jewellery Awards (NJA) 2017 organized by All India Gems and Jewellery Trade Federation (GJF) concluded with a glittering celebrity studded night. Mr. Manoj Dwivedi – Joint Secretary, Ministry of Commerce, Government of India, was the chief guest at the event. The award function showcased and recognized the talent and craftsmanship in the gems and jewellery industry.

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World Diamond Council to Hold AGM in Dubai in Oct

New York: The World Diamond Council (WDC) will hold its 13th Annual General Meeting (AGM) in Dubai, United Arab Emirates, from October 15 to 17, with the meeting hosted by the Dubai Multi Commodities Centre (DMCC). Among the items to be discussed at the AGM are industry recommendations for the Kimberley Process Certification Scheme (KPCS) review cycle and a proposed

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P. Mangatram Jewellers’ Cares for Jewellery Artisans

Mumbai: P. Mangatram Jewellers Pvt. Ltd. one of India’s largest manufacturers of studded fine jewellery, has very closely observed the plight of artisans crafting handmade jewellery in India. This IIJS they showcased a short film depicting the harsh predicament of these artisans. The brand also showcased some much-required solution to address this grave contemporary issue. Buying fine jewellery may put

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GJEPC Gears Up Industry for India–UK CETA Rollout

Mumbai: The implementation of the landmark India–UK Free Trade Agreement (FTA) on 15 July 2026 marks a transformative milestone for India’s gem and jewellery industry, opening the door to significantly greater market access, enhanced competitiveness and accelerated bilateral trade with one of its key export markets. With zero-duty access for nearly 99% of Indian exports to the UK, the agreement

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Global Gold City Project Announced

Hyderabad: Goldsikka Limited, a Hyderabad based Company, has introduced the Global Gold City Project (GGC), a pioneering initiative to establish India’s first integrated gold ecosystem. This project will consolidate mining, refining, trading, manufacturing, and digital infrastructure into a single hub, positioning India as a global leader in the gold industry. The project’s main objective is to Build a world class gold

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P N Gadgil Jewellers Reports Revenue Growth of 41% YoY

Mumbai: P N Gadgil Jewellers has recently announced its quarterly results. The Company delivered a strong performance in Q1 FY27, reporting robust revenue growth of 41% YoY. The Retail segment grew 56% YoY, with robust same-store sales growth (SSSG) of 46% YoY as the primary driver, indicating that the growth was substantially organic in nature, driven by deeper customer engagement

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India-UK BSM 2026 kicks off in London

London: With the India–UK Free Trade Agreement (FTA) set to come into force on 15 July 2026, India’s Gem & Jewellery Export Promotion Council (GJEPC) has brought together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers for two days of focused business meetings at the Arsenal Executive Box, Emirates Stadium, London. The event marks another significant step

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