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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34th Edition of IIJS Opens in Mumbai

Mumbai: The 34th edition of the India International Jewellery Show (IIJS), now positioned as IIJS Premiere, was inaugurated this morning at the Bombay Exhibition Centre, Goregaon East (Mumbai) by Mr Manoj Dwivedi, Joint Secretary, Dept. Commerce, MoC&I, Govt of India and Mr. Alan Chirgwin, VP, Sales and Marketing, Rio Tinto in the presence of Praveenshankar Pandya, Chairman, and Russell Mehta

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Glittering “Prelude to IIJS 2017” Presented

Mumbai: In a new move, The Gem & Jewellery Export Promotion Council (GJEPC) held a special show on the eve of the IIJS this year dubbed “Prelude to IIJS 2017”. The event, along the lines of fashion shows by couturiers, showcased the stunning designs of 15 companies. The jewellery presented ranged from traditional, bridal gold adornments, to scintillating jadau and

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A Unique Tribute to Mother Teresa by Laksh Pahuja

Mumbai: India’s globally renowned jewellery designer Mr. Laksh Pahuja has crafted a unique piece of jewellery to pay tribute to Saint Mother Teresa. Mr. Sanjay Kothari, the former chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) unveiled the piece today at the 34th India International Jewellery Show (IIJS) in presence of select industry leaders and media persons. Highly

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De Beers H1 Output up 21% to 16.1 Million Carats

Gaborone: Anglo American said De Beers’ rough diamond production leaped 21 percent to 16.1 million carats during the first half of the year compared with 13.3 million carats, a year earlier, in line with the higher production forecast for 2017. It said Debswana increased its production by 6 percent to 11.1 million carats from 10.5 million carats in the first

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Call for African Unity to Defend Natural Diamond Industry

Freetown, Sierra Leone: Against a backdrop of mounting concern over the future of Africa’s diamond sector, ministers from leading diamond-producing nations convened in Freetown, Sierra Leone, on May 20, 2026, to address a challenge that is rapidly transforming the global jewellery landscape—the growing dominance of laboratory-grown diamonds. A key voice at the Council of Ministers meeting of the African Diamond

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Resilient Growth for Platinum Jewellery in 2025

Mumbai: Platinum Guild International (PGI) presented its annual Platinum Jewellery Business Review (PJBR) in an online presentation, themed “A year of resilience”. The review set out platinum jewellery demand across key markets in 2025 and the outlook for 2026, describing an exceptional year for platinum jewellery that was best characterized as a year of resilience.   Mr. Tim Schlick, CEO of PGI, reviewed

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GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector

New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by Hon’ble Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Kirit Bhansali was representing the Gems & Jewellery sector that contributes 7%

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Registrations for CIBJO Congress Now Open

Milan: Registrations for the 2026 congress of the World Jewellery Confederation (CIBJO) via the dedicated congress website located at: www.cibjo.org/congress-2026/ are now open. The congress will take place in Vicenza, Italy, from Friday, September 4, 2026, through Monday, September 7, 2026.  The milestone event has been declared the Centenary Congress, and it will mark 100 years since CIBJO’s establishment in 1926.

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