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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India-US Reach Framework for an Interim Agreement

Mumbai: India’s gem& jewellery (G&J) industry is elated by the announcement of zero-duty access for diamonds and coloured gemstones to the US under the Interim Agreement framework — a decisive turning point that breathes new life into the sector. The diamond sector had taken a severe hit over the past year, with India’s cut and polished diamond exports to the

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De Beers Declares 35% Fall in Diamond Production

Mumbai: De Beers Group has reported a big fall of 35% in diamond production for Q4 of 2025, mainly due to maintenance shutdowns at its Jwaneng and Orapa mines. In its Q4 report for the year, the diamond mining major revealed it recovered 3.78 million carats between October and December, down from 5.83 million carats during the same period in

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Maryam Al Hashemi to Steer KP Committee on Participation & Chairmanship

Dubai: DMCC confirmed that Maryam Al Hashemi, Senior Director of Precious Stones and Metals at DMCC and the UAE KP Director, has been appointed Chair of the Kimberley Process (KP) Committee on Participation and Chairmanship (CPC). The CPC is a vital body within the Kimberley Process, responsible for evaluating new participants, reviewing compliance matters, and assessing Vice-Chair candidates. Its recommendations

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MS Dhoni Reveals His Most Cherished Platinum Moments

Mumbai: Men of Platinum, the men’s jewellery brand from Platinum Guild International (PGI) India, brought its highly anticipated #MomentWithMahi campaign to a thrilling close with an exclusive fan meet-and-greet with MS Dhoni at the iconic Taj Lands End, Mumbai. This one-of-a-kind experience was the culmination of the brand’s festive purchase programme — a rare reward for select consumers who purchased

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Platinum Jewellery Shines at Academy Awards

Los Angeles: Awards show season culminated with the 92nd Annual Academy Awards, where the world’s most famous celebrities walked the red carpet in exquisite platinum jewelry designs. Platinum, the naturally white setting that truly enhances the brilliance of diamonds and colored gemstones, perfectly complemented the couture gowns, glamorous hairstyles and makeup. According to celebrity stylist Micaela Erlanger who selected platinum

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IDWI 2020 Opens to Full House in Israel

Ramat Gan: The International Diamond Week (IDWE) in Israel opened today to a packed exhibition hall, with over 300 international buyers from 18 countries in attendance. Also participating were diamond leaders from around the world including, Alrosa President Sergei Ivanov, WFDB President Ernie Blom, CIBJO President Dr. Gaetano Cavalieri, Bharat Diamond Bourse VP Mehul Shah, Dubai’s DMCC Executive Chairman and

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FCRF: Pink Diamonds Led Chart throughout the Decade

New York: The Fancy Color Research Foundation (FCRF) announced today the results of the Fancy Color Diamond Index (FCDI) in 2019 and over the last decade. During the years 2010-2019 the general index showed a steady market price increase of 77%. Leading the index during the decade were Pink diamonds, which increased by 116%. The prices of Blue diamonds rose by 81% and of

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LOVE Takes Over Platinum this Valentine’s Day

Mumbai: Love deserves an expression. But do phrases like “falling for you”, “blinded by love”, “head over heels”, “madly in love” hold true today? Are they relevant? Is that what we want love to feel like in a modern world that aspires for equality, empowerment & respect for individuality? A state where one loses one’s sense of rational thinking, is

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