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

Zimbabwe Takes Control of Its Diamond Ind. Again

Harare: Zimbabwe has taken over income from all diamond mining activities in the country after injecting $80m into the Zimbabwe Consolidated Diamond Company (ZCDC), a state-owned company mandated to run diamond mining activities, reports miningmx. The Zimbabwe Government’s Finance Minister, Patrick Chinamasa, has now stated, “the diamonds belong to the fiscus” in a time of decline in gem mining operations

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Ekati Mine's Life Could Extend till 2035

Toronto: Dominion Diamond Corporation reported that the positive results of a pre-feasibility study on the development of an underground operation below the Misery open pit could extend the mine life of Ekati till fiscal 2035. The estimated inaugural probable mineral reserves at Misery Deep are 1.8 million tonnes and 8.7 million carats, Dominion said. The Misery Main pipe is currently

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Jennifer Oppenheimer is No More

London: Jennifer Ward Oppenheimer, who served as head of De Beers’ philanthropic arm, has died at the age of 50. She suffered from a brain tumor, South African newspaper Business Day reported last week. Ward Oppenheimer graduated magna cum laude from Harvard University, where she received a law degree, according to her wedding announcement in The New York Times from

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Diacam360 to Show Its Latest Innovations at JCK

New York: DiaCam360, the diamond market’s only fully automatic imaging system and most popular instrument for creating high quality, 360-degree photos and interactive videos of rough and  polished diamonds, as well as colored gemstones, will be introducing the new version of its diamond scanning device, the DiaCam360, at the upcoming JCK Las Vegas show, that will open on June 5th.

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GDP Growth Reflects Resilience of India’s Economy: Kirit Bhansali

Mumbai: India’s strong services activity has helped GDP growth comfortably beat expectations for the second quarter in a row, rising to an impressive high of 7.8% for April-June 2025. The swift growth in the first quarter of the current financial year further consolidates India’s position as the world’s fastest growing major economy. Currently the world’s fourth-largest economy, India is on

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Kalyan Jewellers Launches Showroom in Dibrugarh

Mumbai: Kalyan Jewellers yesterday launched its all-new showroom at K.C Gogoi Path, Khalimari in Dibrugarh. Actor Genelia Deshmukh inaugurated the showroom, which aims to further strengthen the brand’s presence in the region. The showroom offers an array of exquisite designs from Kalyan Jewellers, featuring popular house brands such as Muhurat (Wedding Jewellery Line), Mudhra (Handcrafted Antique Jewellery), Nimah (Temple Jewellery)

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India’s G&J Ind. Bids Farewell to Kobbi Shoshani

Mumbai: Bharat Diamond Bourse ( BDB) & Gem & Jewellery Export Promotion Council (GJEPC) bade a warm farewell to Mr. Kobbi Shoshani, Consul General of Israel. During his tenure, Mr. Shoshani has been more than a diplomat—he has been a true ambassador of friendship. His leadership, vision, and unwavering commitment have strengthened the bonds between Israel and India, creating relationships

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Celebrate Onam with Platinum Jewellery

Mumbai: Onam is a season defined by abundance — of joy, togetherness, and new beginnings. It is a time when choices reflect thoughtfulness, where compromise feels out of place. For jewellery that carries this spirit, platinum stands apart: a metal of unmatched rarity and preciousness, offering value beyond compare through its high purity standards, longevity, modern design language, and uniquely

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