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

De Beers Rigs Botswana Sales Contract Negotiations

Gaborone: The De Beers Group has scored a major coup against Diamond Trading Company Botswana (DTCB), rigging the odds against Botswana as the country prepares to re-negotiate the Diamond Sales Agreement which lapses in 2020 and reversing achievements of the De Beers relocation from London to Gaborone. ‘Sunday Standard’ reports that against all advice from his technical team, the Managing

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Various Courses Offered by IIGJ, Mumbai

Mumbai: Now leverage your creativity and skill to create a distinguished career in the fast-growing gems & jewellery sector. Indian Institute of Gems & Jewellery (IIGJ) Mumbai, an initiative of Gem & Jewellery Export Promotion Council of India (GJEPC), now offers comprehensive and intensive training using state-of-the-art resources encompassing qualified & trained faculty and equipment, supported by audio-visual techniques. The

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GJEPC Expo on Synthetic Diamond Detection

Surat: The Diamond City will host a two-day-long Diamond Detection Expo & Symposium (DDES) 2017 to provide a platform for the trade to interact with developers of machines and technology for detection of natural diamonds and synthetic at Samast Patidar Samaj Bhavan at Katargam starting from April 14. Regional chairman of Gem and Jewellery Export Promotion Council (GJEPC), Mr. Dinesh

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Alrosa Sells $554 Million of Rough Diamonds in March

Moscow: Russian diamond miner Alrosa announced rough sales of $554.2 million in March. Polished diamond sales amounted to $12.4 million. Total diamond sales in March amounted to $566.6 million, 1 percent higher than the same period last year. “In March, we continue to observe stable demand in almost all categories of rough diamonds, which is a confirmation of the optimism

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Platinum Jewellery Shines at Golden Glob Awards

Mumbai: Platinum jewelry played a defining role in many of the most memorable red-carpet looks at the 83rd Annual Golden Globe Awards. Chosen for its naturally white luster, exceptional strength, and ability to securely showcase diamonds and colored gemstones, platinum once again proved why it remains the foundation of fine jewelry at the world’s top awards shows. Celebrities and their

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Forevermark Diamond Jewellery Opens Store in Mumbai

Mumbai: Forevermark Diamond Jewellery marked a defining milestone in its India journey with the grand opening of the world’s largest flagship store by De Beers Group in Mumbai. Located at Crest Link, Khar West, at the heart of Linking Road, the nearly 5,000 sq. ft. store reflects the brand’s long-term commitment to Indian consumers seeking meaningful, design-led luxury. The marquee

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JewelStart to Elivate India’s Role as “Jeweller to the World”

Mumbai: IIJS Bharat Signature 2026 witnessed a defining moment for India’s gem and jewellery industry with the launch of JewelStart, GJEPC’s first dedicated incubation and acceleration platform for gems, jewellery and allied startups. Unveiled at the show in Mumbai, JewelStart signals a deliberate move to embed structured innovation, entrepreneurship and technology-led problem solving into the industry’s growth story. Conceived as

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Platinum Jewellery Continues to Show Sustained Momentum: Vaishali Banerjee

Mumbai (By Suresh Chotai): India’s platinum jewellery sector delivered a strong performance in 2025, supported by robust consumer demand, innovative product lines, and the metal’s attractive pricing compared to gold. Despite global headwinds and periodic market volatility, domestic retail sales and exports recorded healthy growth, positioning platinum as a compelling choice for modern Indian consumers. According to industry estimates, platinum

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