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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
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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Belgium’s Polished Exports Stable in March
Antwerp: Belgium’s exports of polished diamonds were almost flat in March, boosted by a significant rise in shipments to India, according to data published by the Antwerp World Diamond Centre (AWDC). Polished exports crept up 0.4% to $1.17 billion, the AWDC said. By volume, outbound shipments dropped 1% to 485,409 carats, with the average price increasing 1% to $2,403 per
Winners of ‘PLAT Africa 2016’ Visit Mumbai
Mumbai: Winners of the PLAT AFRICA 2016 – (a jewellery design competition) visited Mumbai to create awareness about the platinum in India. Organised by Anglo American Platinum in collaboration with Platinum Guild International (PGI) and Metal Concentrators, the prestigious competition is open to student/ apprentice and professional jewellers in South Africa. It promotes innovation and technical expertise in the design
Plans to Organize ‘PLAT Competition’ in India
Mumbai: ‘We are planning to organize ‘PLAT Jewellery Design Competition’ in India also,” said Ms. Vaishali Banerjee, Country Manager of India Platinum Guild International (PGI). While addressing a media conference organized to welcome winners of the ‘PLAT AFRICA 2016’ jewellery design competition in Mumbai, she said “We are in discussion with Anglo American, the organizer of PLAT AFRICA competition to
Thailand Gems & Jewelry Fair from 15th June
Bangkok: Thai government agencies and Presidents from gems and jewelry associations across ASEAN joined the Thai Gem and Jewelry Traders Association (TGJTA) to promote the inaugural Thailand Gems & Jewelry Fair, which will be held from June 15 to 18, 2017 at IMPACT Challenger 2, Muang Thong Thani, Bangkok, Thailand. Welcoming all the supporting country-heads and trade associations, Mr. Suttipong
IIGJ Lab Simplifies Ruby Treatment Description
New Delhi: IIGJ Lab is committed to serve the Gem & Jewellery Industry by providing independent quality assessment of Gemstones & Jewellery. IIGJ’s Ruby Identification service is well known and is availed by gemstone manufacturers, traders, and retailers. Effective 6th November 2025, IIGJ Lab (A Project by GJEPC India) sponsored by Ministry of Commerce and Industry, Govt. of India has
GJEPC Headed G&J Sector During President’s Botswana Visit
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) headed the gem and jewellery (G&J) sector’s presence during President Smt. Droupadi Murmu’s state visit to Botswana from 11 to 14 November. As part of Indian delegation, led by South Gujarat Chamber of Commerce & Industry (SGCCI), Mr. Jayanti Savaliya, Regional Chairman – Gujarat, GJEPC, was heading a team representing the
Sky Gold Registers Growth Oriented Q2 Results
Mumbai: Sky Gold and Diamonds Limited (BSE: 541967 | NSE: SKYGOLD), listed B2B Gold Jewellery manufacturer recently announced its Q2FY26 results for the quarter ended September 30, 2025. With a solid Q1FY25, the company has continued Q2FY26 with a strong growth momentum, backed by rising exports, capacity enhancement plans, and deeper retail partnerships across India, the Middle East and Southeast Asia. (All figures in ₹ crore unless otherwise stated) Particulars(₹ Crores) Q2’FY26 Q2’FY25 Y-o-Y Q1 FY26 Q-o-Q Revenue 1484.5 768.8 93.1% 1131 31.2% EBITDA 99.9 38.8 157.5% 71.4 39.9% EBITDA Margin (%) 6.73% 5.1% 163bps 6.3% 43bps PAT
Enduring Q2 Performance by Senco Gold
Kolkata: Senco Gold Limited has announced its consolidated results for the quarter and half-year ended 30th September 2025. The company has a robust network of over 192 showrooms across 17 states and UTs. (Rs in Cr) Speaking of the performance, Mr. Suvankar Sen, Managing Director & CEO, Senco Gold Ltd, said, “We are pleased to report that we have delivered an enduring performance in Q2, despite the highest-ever gold prices reaching to Rs. 11650/gm
