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

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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WDM to Collect Diamond Stories at JCK

Hong Kong: The World Diamond Mark Foundation (WDM) will be present at the JCK Las Vegas show to meet and greet retail jewellers and ask them to share their special diamond stories. The team will be at the show from June 5th, the day after the WDM’s Keynote Talk on June 4th at Tradewinds C/D, Pool Level of Mandalay Bay,

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Antwerp to Celebrate 3rd International Yoga Day

Antwerp: On Sunday 18 June 2017, the third International Day of Yoga will be celebrated in Antwerp, organized by the Antwerp Indian Association (AIA) and the Antwerp World Diamond Centre (AWDC). It was a unique moment for India three years ago, when the UN General Assembly declared 21 June the “International Day of Yoga”. Prime Minister of India Narendra Modi’s

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NDC Welcomes its New Members

Mumbai: The Board of Natural Diamond Council (NDC) is delighted to announce that Angola’s ENDIAMA E.P. and SODIAM E.P. have formally joined the organization as members, following the completion of all legal and regulatory requirements for accession. ENDIAMA E.P. – Empresa Nacional de Diamantes de Angola (National Diamond Company of Angola) is Angola’s state-owned diamond mining company, responsible for managing

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SENCO Gold Receives IAGES Accreditation for its Stores in India

Kolkata: Senco Gold & Diamonds, having more than 100 stores across India, has been accredited with IAGES reinstating its commitment towards wining the trust and confidence of its consumers through its ethical, fair and transparent practices. SENCO Gold & Diamonds is one of the most recognized names in the Indian jewellery retail sector with more than 100 stores, having built

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De Beers Group Launches ‘Heera Hai Aapke Liye’

Mumbai: De Beers Group, the world’s leading diamond company, marked a significant milestone in the Indian jewellery landscape with the official launch of the “Heera Hai Aapke Liye” program at IIJS Signature. The star-studded event featured actress Sonakshi Sinha, who joined Ms. Shweta Harit, Global Senior Vice President of De Beers Group and CEO of Forevermark, to unveil an initiative

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GJSCI Holds JOSH Convocation Ceremony

Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) organized the convocation ceremony of JOSH for the 6th batch of specially abled candidates and the 12th batch of regular candidates on 16 January 2026 at the Bharat Ratnam Mega Common Facility Centre (CFC), SEEPZ. The ceremony marked the successful completion of training for the candidates, celebrating their hard work,

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