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

Gahcho Kué Disappoints with Low Prices

Toronto: A large proportion of fluorescent diamonds and the negative impact of India’s liquidity crisis dampened prices at the initial sales of rough from Canada’s new Gahcho Kué mine, Mountain Province Diamonds reported. The miner sold 522,000 carats for $37.7 million — an average price of $72 per carat — at its opening three tenders in Antwerp during the first

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ALROSA Sales Go Down in April

Moscow: Alrosa’s sales fell in April and for the first four months of the year as the Russian miner sold a larger volume of low-value rough diamonds than it did last year. Rough sales declined to $310.2 million in April, the company reported Wednesday. This represented a 45% slide from a year ago, according to Thursday estimates from VTB Capital.

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Reena Ahluwalia Donates Paintings to Benefit JFC

Las Vegas: Noted jewellery designer and artist Reena Ahluwalia has donated two original, museum quality, painting to be auctioned at the Jewelers for Children (JFC) Facets of Hope event in Las Vegas, NV.  The paintings, Portal of Empowerment and Radiate Brilliance , show highly nuanced, hyper-realistic diamonds with ultra-magnified facets. Ahluwalia is a multiple award-winning Canadian Jewellery designer, diamond painter

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Palladium Set to Overtake Platinum: GFMS

Johannesburg: The palladium price is poised to exceed the platinum price for the first time since 2001, Thomson Reuters said on Tuesday with the publication of its GFMS Platinum Group Metals Survey 2017, according to a report published in miningweekly.com. The price gap between platinum and palladium – which averaged just over $1 000/oz between 2007 and 2012 – is

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Gemfields Generates $32 Mln. from Emerald Auction

London: Gemstone miner Gemfields generated $32 million in revenue from an auction of high-quality rough emeralds sourced from its 75%-owned Kagem mine in Zambia. The auction, held from August 25 to September 11, saw all 38 lots successfully sold at an average realised price of $160.78/ct. Among the highlights was an exceptional 11 685 ct gemstone, named Imboo (meaning “buffalo”),

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SAJEX: a Catalyst for Enhancing Bilateral Relations

Jeddah: Saudi Arabia presents significant opportunities for the Indian gem and jewellery (G&J) market, and SAJEX serves not merely as an exhibition, but as a vital catalyst for enhancing bilateral relations and creating shared value for both economies. GJEPC aspires for this event to gain widespread recognition and to become a staple on Jeddah’s event calendar, thereby stimulating the local

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New Export Opportunities for India’s G&J in Saudi Arabia

Jeddah: The Saudi Arabia Jewellery Exposition (SAJEX 2025), the first-ever dedicated B2B gems and jewellery (G&J) exhibition in the Kingdom, was inaugurated yesterday at the iconic Jeddah Superdome. Organized by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of the Ministry of Commerce & Industry, Government of India, the Embassy of India in Riyadh, and the Consulate

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IFJA, a Design School for Jewellery Launched

Milan: The International Fine Jewellery Academy (IFJA), a jewellery craftsmanship and design school that will be based in Milan, Italy, was officially launched on September 6, during a presentation about the new institution that was a highlight of the CIBJO seminar series at the September 2025 edition VICENZAORO jewellery show in Vicenza. As described by its founders, the International Fine

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