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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Indian Women Invited at 'Mujeres Brillantes' Meeting

Vicenza: “Mujeres Brillantes” (Brilliant Women), a group of about 500 businesswomen operating in the gold and jewellery sector that, although mainly from Latin America, also come from Turkey, Russia, Italy, Romania and Israel, will organize its maiden global meeting in September, 2017 at the VICENZAORO exhibition. The “Mujeres Brillantes” mission is to help women in the jewellery and watch sector

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India Enters New Economic Era of GST

New Delhi: India early on Saturday introduced its biggest tax reform in the 70 years since independence from British colonial rule. The Goods and Services Tax (GST) replaces more than a dozen federal and state levies and unifying a $2 trillion economy and 1.3 billion people into one of the world’s biggest common markets. The measure is expected to make

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Sarine Takes Legal Action Against Indian Businessmen

Ahmedabad: Sarine Technologies Group has filed lawsuits in India seeking injunctive reliefs and damages for patent and software copyright infringement, says a press release from the company. According to the press note, some businessmen in India have infringed on Sarine’s patented technologies for internal inclusion mapping, and its copyrighted AdvisorTM software for rough diamond planning, in order to illicitly provide

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Principles of ALROSA Strategy to Remain Unchanged

Moscow: Summarizing the results of the Annual General Meeting of Shareholders, the President of ALROSA Sergey Ivanov announced that the Company is planning to adjust the development strategy, although no fundamental changes are expected. The Company will still be focused on strengthening its leadership in diamond mining and building market strength. “We see a lot of potential in our infrastructure

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WDHB Opens Nominations for World Diamond Heritage List

Singapore: The World Diamond Heritage Board (WDHB) has announced the official opening of the public nomination phase for the World Diamond Heritage List (WDHL); an inaugural selection of 100 natural diamonds of outstanding historical importance. Nominations are open from May 18 to June 18, 2026. Every person — from industry professionals to diamond lovers — is invited to nominate up

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GJEPC Meets Maharashtra CM to Discuss Key Ind. Priorities

Mumbai: Mr. Kirit Bhansali, Chairman of Gem & Jewellery Export Promotion Council (GJEPC) and Mr. Anoop Mehta, Convener, Diamond Panel & President, Bharat Diamond Bourse (BDB), yesterday met Hon’ble Chief Minister of Maharashtra Mr. Devendra Fadnavis to discuss key priorities concerning the growth and development of the gem and jewellery sector in the state. The discussions focused on strategic initiatives

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India is Committed to Strengthening Credibility in Diamond Sector

Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 concluded in Mumbai under India’s Chairship, bringing together representatives from KP Participants, Observers, industry stakeholders and civil society organizations for four days of deliberations on the future of the natural diamond sector. Welcoming the conclusion of the Intersessional, Union Minister of Commerce and Industry Mr. Piyush Goyal said India, as the world’s

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Kirit Bhansali Appointed as Nominee Director on IAGES Board

Mumbai: Mr. Kirit A. Bhansali has been appointed as the Nominee Director on the Indian Association for Gold Excellence and Standards (IAGES) Board, effective from11th May 2026. Mr. Bhansali, Chairman of India’s Gem & Jewellery Export Promotion Council (GJPEC) is a well-known personality in the Indian diamond and jewellery industry. He is a partner in Smital Gems, a leading diamond

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