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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Karnataka Minister Invited as Chief Guest at IIJS Bharat Tritiya

Bengaluru: Mr. M.B. Patil, Hon’ble Minister for Large & Medium Industries, Government of Karnataka, has been invited as Chief Guest for IIJS Bharat Tritiya 2026. The show is scheduled from 21 to 23 March 2026 in Bengaluru at the Bangalore International Exhibition Centre (BIEC). The invitation was extended by Mr. Nirav Bhansali, Co-Convener – National Exhibitions, GJEPC. The meeting was

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Congolese Diamonds Tender Gets 40% Higher Sales

Antwerp: From 16 to 20 February, the Congolese diamond company SACIM SARL organised a particularly successful diamond tender in Antwerp. More than 288,000 carats of rough Congolese diamonds were sold at prices that were on average over 40% higher than those achieved in other, competing diamond trading centres. The result once again underlines Antwerp’s unique position as an international hub for rough diamond trading

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GJEPC Hosted IIJS Bharat Retailer Connect Session

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the IIJS Bharat Retailer Connect session at the PHD Chamber of Commerce, Delhi, on 19th Feb 2026, in association with the Maliwara Jewellers Association, Delhi Jewellers Association, Greater Kailash Jewellers Association and East Delhi Jewellers Association. Mr. Antarpal Singh Sawhney, Regional Chairman–North, inaugurated the seminar, which saw participation

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US & Japan to Invest $550 bln. on Synthetics

New York: The governments of the United States and Japan are reportedly considering directing a portion of a proposed $550 billion investment package toward establishing synthetic diamond production in the U.S., as part of a broader effort to strengthen critical technology supply chains. At the heart of the initiative is a planned synthetic diamond manufacturing facility in the United States,

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Platinum Evara Introduces Light Weight Collection

Mumbai: Platinum EVARA introduces a new collection for the modern bride and groom. Modern brides are looking for jewellery which is wearable, with unique designs and has a deeper meaning. Taking a cue from this Platinum Evara has launched an exquisitely crafted, light weight range of wedding jewellery within Rs. 2,00,000. Platinum Evara has a deeply rooted meaning in Sanskrit

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Gemfields’ Profit Nearly Doubled to $23.5m

London: Gemfields’ net profit nearly doubled to $23.5m (£18.2m) in the year ended 30 June 2016, up from $12.3m in 2015. This came as the firm’s revenue rose 13 per cent to $193.1m during this period, up from $171.4m a year earlier. Production at Gemfields’ flagship Kagem emerald mine in Zambia held steady at 30m carats, while output its ruby

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BrilliAnt Now Open for Foreign Exhibitors Also

Antwerp: The Antwerp Diamond Bourse, The Antwerp Diamond Club, The Antwerp Diamond Kring and the Antwerp World Diamond Centre (AWDC) have announced that BrilliAnt®, the eighth edition of the Antwerp Diamond Trade Fair (ADTF January 29-31, 2017), is opening its doors to international exhibitors. The trading hall of the Kring, Antwerp’s rough diamond trading bourse, will host foreign exhibitors (not

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Lucapa Finds Large Diamond of 172 Carats

Perth: Just a week after finding a 104-carat Type IIa, D-color diamond which was the fourth stone over 100 carats discovered this year, Lucapa Diamond Co. Ltd., an ASX-listed Australian company based in Perth, has uncovered an even bigger exceptional diamond from its Lulo Project in Angola. Lucapa said it unearthed 172.67-carat Type IIa, D-color stone. It is the fifth

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