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

JA and DCA Agree to Collaborate

New York: Jewellers of America (JA) and the Diamond Council of America (DCA) have decided to work together toward their shared goal of supporting the jewellery industry, the two trade organizations announced recently. The groups’ boards voted in favour of an affiliation agreement that will enable them to align their missions and operations better, but still be independent bodies, they

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Synthetic Diamond Identification Made Easy

Las Vegas: Gemmological Institute of India (GII), Mumbai and Arotek Scientific Instruments Pvt. Ltd., jointly developed an advanced version of the existing Q-CHK Instrument. Mr. Anup Zaveri, Trustee of GII addressed the gathering of the diamantaires at a breakfast meeting held at Hotel Mandalaly Bay Resort & Casino, BanyanD, Level 5, South Convention Center, 3950 Las Vegas Blvd, Las Vegas,

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D.E.F. Bestows Diamonds Do Good Awards

Las Vegas: On the eve of the opening of JCK Las Vegas show, the Diamond Empowerment Fund (D.E.F.) raised over $1,060,000 to provide scholarships and assistance to empower young people globally.  Anna Martin, D.E.F President and V.P Global Development and Beneficiation, GIA, said, “This event symbolizes the collective good the diamond and jewellery industry continues to do in communities around

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GJF Organized ‘Labham’ Seminar

Mumbai: All India Gems and Jewellery Trade Federation (GJF), the apex trade body of gems & jewellery, conducted yet another ‘Labham’ powered by Fischer, Prince Hallmarking Centre and co-powered by Dosti Realty on 5th June 2017 in Mumbai. We also received a whole hearted support from our associate sponsors Nakoda Hallmarking, Augustino, Acme Infinity, supported by Waman Hari Pethe Jewellers,

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GJEPC Highlights Key Policy Priorities at Meeting with CIM

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) highlighted the industry’s key policy priorities during a meeting chaired by Mr. Piyush Goyal, the Union Minister of Commerce & Industry, with Export Promotion Councils (EPCs) and industry associations in New Delhi on 24 June to review the Export Promotion Mission (EPM). Ashish Borda, Convenor – PMBD, GJEPC, and Sabyasachi

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Thangamayil Jewellery, Receives IAGES Accreditation

Madurai: Gold buyers in Tamil Nadu can now purchase their favourite precious metal with complete trust and transparency from Thangamayil Jewellery Limited (TMJL), one of the most recognized chain of jewellery stores in the state. TMJL has officially received its IAGES accreditation, further cementing its commitment to serve its consumers in the most ethical, responsible and sustainable manner. The Indian

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Russia to Levy 8% Duty on Rough from Sep.

Moscow: The Russian government has announced that it will impose an 8% export duty on rough diamonds weighing between 0.45 carats and 10.8 carats, as well as on special-size diamonds exceeding 10.8 carats, effective September 1, 2026. The new duty will apply to rough diamonds in weight categories that are considered economically viable for domestic cutting and polishing. Russia had

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GJEPC Urges Simpler Path to Gold Monetization

Mumbai: India’s gold monetization efforts must focus on simplicity, trust and convenience if the country is to unlock the vast stock of idle household gold, said Khushboo Ranawat, Regional Chairperson – West, and Member – National Exhibitions, GJEPC, during a panel discussion at the ‘India’s Gold Revolution: Monetization, Tokenization & Financial Transformation’ seminar organized by the Bombay Chamber of Commerce &

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