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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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Origins of Argyle Necklace Debuts in NY
Perth: Rio Tinto’s famed champagne and cognac diamonds from its Argyle diamond mine have been showcased in a signature piece of jewellery in New York, in celebration of their unique Australian provenance and the diamond ties that bind Australia and the US. The Origins of Argyle statement necklace features more than 45 carats of cascading champagne and cognac diamonds and
GJSCI Conducted a Seminar at IIJS 2017
Mumbai: Gems & Jewellery Skill Council of India (GJSCI) conducted a seminar on ‘Hiring for the future – Best practices in HR’ during IIJS 2017. The 60 minute seminar was inaugurated in the esteemed presence of Ms. Saumya Badgayan, GM, corporate strategy, HR & IR, Mr. Nirav Mandir, Chief Human Resource Officer, Shree Ramkrishna Exports Pvt. Ltd, Mr. Vijay Deshpande,
'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
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.
Russia to Levy 8% Duty on Rough from Sep.
Moscow: The Russian government has announced that it will impose an 8% export duty on rough diamonds weighing between 0.45 carats and 10.8 carats, as well as on special-size diamonds exceeding 10.8 carats, effective September 1, 2026. The new duty will apply to rough diamonds in weight categories that are considered economically viable for domestic cutting and polishing. Russia had
GJEPC Urges Simpler Path to Gold Monetization
Mumbai: India’s gold monetization efforts must focus on simplicity, trust and convenience if the country is to unlock the vast stock of idle household gold, said Khushboo Ranawat, Regional Chairperson – West, and Member – National Exhibitions, GJEPC, during a panel discussion at the ‘India’s Gold Revolution: Monetization, Tokenization & Financial Transformation’ seminar organized by the Bombay Chamber of Commerce &
GJEPC Hosts U.S. Senators, State Lawmakers for Industry Dialogue
Mumbai: Against the backdrop of deepening India-U.S. trade ties, GJEPC hosted a delegation of U.S. senators, state legislators and National Conference of State Legislatures (NCSL) officials at its Mumbai headquarters on 22nd June to provide an overview of India’s gem and jewellery industry and discuss key sectoral trends. The delegation comprised Wayne Harper, President Emeritus and President Pro Tempore, National Conference
Jewellery Crafts Design Competition at IIJS Bharat-Premiere 2026
Mumbai: IIJS Bharat – Premiere 2026 invites you to participate in the “Jewellery Crafts Design Competition”, presented under this year’s Brilliant Bharat – “Music of India” theme. For the 42nd edition of IIJS Bharat – Premiere, exhibitors are encouraged to create jewellery inspired by India’s rich and diverse musical heritage. From classical ragas, folk traditions, devotional music, and regional instruments
