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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Gemfields Achieves Record Ruby Sales at Singapore

London: Gemfields announced 0n Thursday that it achieved record revenues from its latest auction of rough rubies. At the auction, held in Singapore, the company sold $54.8 million worth of rubies, a record high for any Gemfields auction and a 24% increase in revenue from the previous record. Of the 83 lots offered, 78 were sold with an average realized

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9th ADTF to be Held from January 28-30, 2018

Antwerp: The ninth edition of BrilliANT – the Antwerp Diamond Trade Fair will be of the highlights of Antwerp’s Diamond Year 2017-2018. BrilliAnt has become the world’s exclusive B2B diamond buying trade show on the annual calendar of the international gem and jewellery trade shows. From October 2017 to February 2018, the City of Antwerp will be celebrating its Diamond

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PNG Jewellers Presents Painjan Mahotsav

Mumbai: The 185 years old heritage brand PNG Jewellers announces its much awaited second edition of Painjan Mahotsav commencing from 15thJune, 2017. PNG Jewellers will be showcasing their exclusive range of silver payal during the celebratory offer period. PNG Jewellers houses a range of contemporary, modern designs that cater to a young audience. They are carving masterpieces that can be

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7th National Jewellery Awards on 28th July

Mumbai: The 7th National Jewellery Awards (NJA) 2017 organized by All India Gems and Jewellery Trade Federation (GJF) will be held on 28th July, 2017, in Mumbai, showcasing and recognizing the talent and craftsmanship of the artisans in the gems and jewellery industry. Known for its stand for craft, inspiration, passion, devotion and motivation for the industry, NJA under the

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Gold Faces Pivotal H2 as Geopolitical Risk

New York: After a volatile start to the year, gold now faces a pivotal second half that will be shaped by unpredictability from geopolitics, rates, and investor sentiment, according to the Gold Mid-Year Outlook 2026 released by the World Gold Council (WGC) recently. Gold set more than 12 all-time highs and reached a record US$5,405/oz in late January before pulling

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Nearly 80% of Belgian Diamond Traders Pass First-Ever Anti-Money Laundering Exam 

Antwerp: For the very first time, the Belgian FPS Economy and the Antwerp World Diamond Centre (AWDC) organized a large-scale anti-money laundering (AML) exam for Belgian diamond traders. The sector delivered strong results, with nearly 80%of the 196 participants passing the test. The exam, which assesses knowledge of Belgian AML obligations, is part of broader efforts to further strengthen compliance

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Gemfields CEO to Step Down: Ruby Auction Fetches $23.1 Mln.

London: Gemfields Group recently announced that its CEO Mr. Sean Gilbertson will step down by mutual agreement on 15 July 2026, with Chief Financial Officer Mr. David Lovett appointed Interim CEO while retaining his current role. The Board has begun the process of identifying a permanent successor. The announcement coincided with the results of Gemfields’ inaugural Trade Select ruby auction,

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GJC Calls for Balanced Policy & Consumer Friendly Reforms

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) released yesterday its half‑yearly review of the gold and silver market for 2026, noting that the first six months of the year were marked by historic peaks in bullion prices, followed by corrections that reshaped consumer sentiment and industry outlook. The Council emphasized that taxation changes, customs duty hikes, and global geopolitical

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