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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Winners of 43rd IGJ Awards by GJEPC

Mumbai: Maharashtra Chief Minister Mr. Devendra Fadnavis graced the 43rd India Gem & Jewellery Awards (IGJA 2016) hosted recently by Gem & Jewellery Export Promotion Council (GJEPC) and powered by GIA to recognise and reward star performers of the Indian gem and jewellery sector. Below is the complete list of the winners: Category name Name of the Firm Receivers Name

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KGK to Invest $50M in Polishing Near Vladivostok

Moscow: Back in September 2016, ALROSA announced a partnership with Indian company KGK Diamonds Private Ltd, a global leader in diamond cutting, to develop cutting and polishing facilities in Eurasian Diamond Centre in Vladivostok. The agreement entailed ALROSA assisting KGK in the creation of a diamond cutting company on the territory of the Diamond Centre in the Far East, supplying

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India’s Exports of G&J Grew 9.5% in April-January

Mumbai: India’s exports of gems and jewellery grew 9.5 per cent to about $29 billion during April-January 2016-17, driven largely by demand in India’s major markets like the US. In April-January period of the previous fiscal, exports from the sector stood at $26.5 billion, according to the data from Gem and Jewellery Export Promotion Council (GJEPC). Gems and jewellery contribute

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Firestone Finds 110 Ct Yellow Diamond at Liqhobong

London: Firestone Diamonds has recovered a 110 carat gem-quality light yellow diamond, during the ramp up phase at its Liqhobong Diamond Mine in Lesotho. The AIM-quoted diamond mining company said in a statement that the latest recovery was its largest diamond to date. “The 110 carat gem-quality light yellow diamond recovered during Liqhobong’s ramp-up phase is a very exciting and

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Kirit Bhansali Represents Indian G&J Ind. at India–Israel CEO Forum

Tel Aviv: Mr. Kirit Bhansali, Chairman, GJEPC, attended the India–Israel CEOs Forum on 20th November 2025 at Hotel Dan Tel Aviv, following his nomination by DPIIT, Ministry of Commerce & Industry, Government of India, as a representative from the Indian side. During the visit, he also met Mr. Nir Barkat, Minister of Economy and Industry, Israel. In his address, Mr.

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ORIGIN De Beers Group Launches to Consumers in Stores Across North America

Mumbai: ORIGIN De Beers Group, the new branded polished diamond offering from De Beers Group, is now available to consumers in retail stores across North America. This marks the first time the ORIGIN De Beers Group polished diamonds are available in store, bringing the power of provenance and storytelling directly to consumers through immersive retail and digital experiences. Unveiled at JCK earlier

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Purvi Shah Appointed As New ED of RJC

Mumbai: The Responsible Jewellery Council (RJC) has appointed Purvi Shah, currently head of ethical and sustainable value chains at De Beers, as its next executive director, effective Feb. 7, 2026. She will succeed John Hall, who has served as interim executive director since Melanie Grant’s departure in January. Shah has been with De Beers for 17 years and has served

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New Digital Innovation Reinforces Antwerp’s Global Leadership

Antwerp: The Belgian diamond federation Antwerp World Diamond Centre (AWDC) has launched an innovative digital customer screening tool, based on Regulatory Technology (RegTech) and tailored to the specific needs of the diamond industry. With this new application, the Antwerp diamond sector takes an important step forward in the prevention of money laundering, helping diamond companies to meet their legal Anti-Money

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