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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Top News

Angola Has Billion Carats Diamond Reserves

Moscow: Alrosa said a geological research carried out by Angolan and Russian geologists in Angola over the last five years has shown that the country’s diamond reserves are estimated at 1 billion carats. Company deputy director of the geological prospecting unit Victor Ustinov was quoted by Macauhub as saying that more than 950 million carats of the diamond reserves were

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Global Diamond Production Down in 2016

Johannesburg: Global rough-diamond production fell by value for the second consecutive year as output declined in the two largest producer countries, according to data the Kimberley Process (KP) released Tuesday. The total value of rough diamonds extracted in 2016 dropped 11% to $12.4 billion from $13.88 billion the previous year, the figures showed. And while production volume grew 5% to

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ALROSA Appoints Director for Vladivostok

Moscow: Alexey Ivanov is a new head of ALROSA branch in Vladivostok. He will be in charge of the branch business development, search for new clients and the Company’s expansion at the platform of the Eurasian Diamond Center (EDC). Alexey Ivanov has an extensive experience in the diamond business. In previous years, he was the head of Arcos Diamonds Israel

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DDE’s Biennial Conference Taking Place in October

Dubai: The Dubai Diamond Exchange (DDE) has announced the third edition of its biennial two-day Dubai Diamond Conference 2017, with the theme ‘Destination Next – Shaping the future of an interconnected marketplace’. Ahmed Bin Sulayem, Executive Chairman, DMCC (Dubai Multi Commodities Centre), said, “Dubai has evolved rapidly as one of the world’s leading trading centers for rough diamonds and we

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Tracr Appoints Jillian Wolk as CEO

New York: Tracr has announced the appointment of Jillian Wolk as Chief Executive Officer, effective 1 May 2026. Ms. Jillian joins Tracr following senior leadership roles across the jewellery, luxury and technology sectors. Most recently, she served as Vice President, Growth & Strategic Initiatives at GIA, where she developed new services and drove diversified revenue, strengthened commercial strategy, and supported

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IIGJ Presents Glimpz’26 Annual Award Ceremony

Mumbai: The Indian Institute of Gems & Jewellery (IIGJ) presented Glimpz’26, its annual exhibition and awards ceremony showcasing the graduating batch of B.A. in Gems & Jewellery Design (2023–26).Held at the Bharat Ratnam – Mega CFC Auditorium, the event brought together industry leaders, mentors, and emerging design talent on a common platform—celebrating creativity, craftsmanship, and the future of Indian jewellery.

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End of Diamond Production at Diavik Mine

Toronto: Diamond production at the Diavik mine, in Canada’s Northwest Territories, came to an end last week after 23 years. It produced over 150 million carats during its lifetime, more than either of NWT’s other mines – Ekati (owned by Burgundy) and Gahcho Kue (joint venture, De Beers and Mountain Province ). The closure on Thursday, 26 March 2026, also

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GJEPC to Organize ‘Design Inspirations’ on 9th April

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has organized ‘Design Inspirations’ event on 9th April, 2026 at Bharat Ratnam Mega CFC, Mumbai. The design seminar invites a galaxy of eminent speakers to share their insights on a wide range of topics. The workshop aims to provide the industry with relevant updates, enabling them to plan their designs and

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