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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Gahcho Kue Found Two Big Diamonds in April

Toronto: Mountain Province Diamonds Inc. reports an 84.65 carat diamond and a 53.90 carat stone were recovered from the Gahcho Kue diamond mine during April. The mining firm and its joint venture partner, De Beers Canada, bid for the production of fancy colored and special (+10.8 carat) diamonds on almost a monthly basis. The bid for April 2017 production of

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India Becomes China’s Second Top Diamond Exporter

Mumbai: India has further strengthened its bilateral trade with China, exporting diamonds and gemstones amounting to US$588 million in the first quarter of 2017. With improving trade relations, India has risen to become the second largest exporter of diamonds and gemstones to China, according to the Consulate General of India in Shanghai (CGI Shanghai). India’s exports to China ballooned by

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India’s Economy to Grow by 7.2% in 2017-18

New Delhi: The World Bank believes the demonetization of high value currency notes last year and the upcoming introduction of the goods and services tax (GST) will help India’s economy to grow by 7.2% in fiscal year 2017-18 – the highest rate in the world. The World Bank believes that demonetization, which caused widespread disruption to the country’s diamond trade

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De Beers Confident Diamonds Will Recover

Gaborone: De Beers Group of Companies says it is optimistic on the group’s outlook of the diamond industry market globally as there are signs of recovery. Speaking recently at the Botswana-France Business Forum at the Diamond Trade Centre (DTC) Botswana, Vice President Corporate Affairs & Government Relations De Beers Global Sightholder Sales (DBGSS) Pat Dambe said that the company was

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GJC Announces 9th Edition of GJS

Mumbai: The All India Gem and Jewellery Domestic Council (GJC), the apex industry body representing India’s domestic gem and jewellery sector, will host the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” The most premium B2B jewellery exhibition is set to take place from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai. This edition’s theme

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Opportunities for Strengthening Indo-Belgian trade ties

New Delhi: India’s Gem and Jewellery Export Promotion Council (GJEPC) Co-Hosts Indo-Belgian Diamond Forum in New DelhiThe Gem & Jewellery Export Promotion Council (GJEPC), in partnership with HRD Antwerp and the Embassy of Belgium in India, co-hosted the Indo-Belgian Diamond Forum at the Residence of the Ambassador of Belgium in New Delhi The event was powered by INDRA – by

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Chairman of Malabar Group Gets Business Bhushan Award

Mumbai: Mr. M.P. Ahammad, Chairman, Malabar Group, has been honoured with the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026, in recognition of his visionary leadership and pivotal role in transforming the global jewellery retail landscape and society at large. Held at the iconic Gateway of India, the awards ceremony brought together leading policymakers, industry

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IIJS Icon Awards & Mega Lucky Draw on 21st March

Bengaluru: The 4th edition of IIJS Bharat – Tritiya and IGJME Bharat – Tritiya 2026 at the Bangalore International Exhibition Centre (BIEC), Bengaluru is set to begin from 21st – 23rd March 2026. This premier event is a unique convergence of the finest gems, jewelry, and machinery, bringing together industry leaders, innovative exhibitors, and global buyers under one roof. The

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