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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Diamond Exploration Vessel Launched in Namibia

Walvis Bay:  The world’s largest and most advanced diamond exploration and sampling vessel, the mv SS Nujoma, is ready to start exploring for diamond deposits in Namibian waters, following its official inauguration yesterday. The US$157 million (N$2.3 billion) vessel will enable Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, to

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De Beers to Shut Dubai Auction Base

Gaborone: De Beers will close its auction-sales office in Dubai due to declining demand from local companies, the miner has announced, according to a report published in Rapaport News. Operations will cease on July 31, meaning De Beers will no longer display rough diamonds there from the year’s sixth sales cycle onward, the company told clients this week in 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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230+ International Buyers Visit IGJS Jaipur ’26

Jaipur: The International Gem & Jewellery Show (IGJS) Jaipur 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is currently underway in Jaipur from April 9 to 11, 2026, bringing together leading Indian manufacturers and global buyers under one roof. Recognized as a highly curated, business-focused platform, IGJS continues to strengthen India’s position as a preferred sourcing destination

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De Beers Extends Desert Diamonds into Bridal

London: De Beers Group today announced the next chapter of Desert diamonds: an extension of the industry-wide beacon concept into the bridal market, bringing a fresh interpretation of natural diamond engagement and wedding jewellery through a refined spectrum of warm, nature-made hues that reflect enduring love and personal expression. First launched to consumers in 2025 as De Beers Group’s first

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GJS April 2026 Concludes on a High Note

Mumbai: 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show”, held at the Jio World Convention Centre, Mumbai, concluded with a great success, announced the All India Gem & Jewellery Domestic Council (GJC). The four-day extravaganza, inaugurated on 4th April by Mr. Chandrashekhar Bawankule, Minister of Revenue, Maharashtra, witnessed overwhelming participation from across the

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NDC Celebrates First-Ever ‘World Diamond Day’

Mumbai: Jewellery has always held a deeply personal place in people’s hearts and natural diamonds remain its most powerful expression. Every natural diamond carries within it a story of love, milestones, heritage and personal triumphs. On the first-ever World Diamond Day, these stories took centre stage, as people across the country came together to celebrate the meaning and emotion behind

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