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

DiamondCorp Retrenches Employees as Talks Fail

Toronto: DiamondCorp announced sweeping retrenchments on Monday, saying talks with its lender and a mining union had failed to end in an agreement. The miner’s business-rescue practitioner had been in discussions with the Industrial Development Corporation of South Africa (IDC) — its lender — and the Association of Mining & Construction (AMCU). The talks followed DiamondCorp subsidiary Lace Diamond Mine

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Vladivostok to be Developed as Diamond Center

Moscow: The free port of Vladivostok will develop as a diamond center, Sergey Ivanov, President of ALROSA told TASS following a working meeting with the leadership of the Republic of Sakha (Yakutia) in its capital, the City of Yakutsk. “Just last week, Yury Trutnev held a meeting to support the Russian diamond-cutting industry, and a number of decisions were made

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Christie's Geneva Takes Magnificent Jewels on Tour

Geneva: Christie’s upcoming auction of Magnificent Jewels will take place on May 17 at the Four Seasons Hotel des Bergues. Consisting of approximately 250 exceptional jewels, it will include a thematic section comprising 30 exceptional pieces from Italian makers, important gem stones, coloured diamonds and signed jewels. Prior to the auction, a selection of pieces will go on tour to

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Baselworld Exhibition Shortened by Two Days

Basel: The Baselworld exhibition will be two days shorter in 2018 after fewer buyers and exhibitors attended this year’s show. A total of 106,000 buyers took part in the event which ended Thursday, down 4% from the previous year, the show’s organizers reported. The number of exhibitors fell 13% to 1,300, according to National Jeweler. Organizers said they were responding

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NDC, Dubai Jewellery Group Host ‘The Diamond Dialogue’

Dubai: Natural Diamond Council (NDC), a global not-for-profit organization collaborating the natural diamond industry and its entire value chain, hosted first-ever edition The Diamond Dialogue in partnership with Dubai Jewellery Group (DJG). The Diamond Dialogue was a thought-provoking industry roundtable that brought together leading voices from the UAE’s jewellery sector to discuss the evolving landscape of the natural diamond industry.

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Platinum Love Bands Unveils New Season Collection

Mumbai: Platinum Love Bands has unveiled its new Season Collection — a tribute to the unspoken language shared between couples. Rooted in the belief that every love story has its own dialect, one the world may not understand, this collection transforms those quiet connections into something you can wear — something you can cherish for life. These aren’t just rings.

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De Beers Announces Changes to Exe. Committee

London: De Beers Group has announced changes to its Executive Committee, with current Chief Operating Officer, Burger Greeff, retiring at the end of the year following three decades of exceptional service. Kevin Smith, currently Executive Vice President, Corporate Affairs & Strategy, will become Interim Chief Operating Officer, while Eirik Waerness, currently Senior Vice President & Chief Economist, will move into

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D.P. Abhushan Delivers Strong Performance in Ǫ2

Mumbai: D.P. Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 85 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the Second quarter and half year ended 30th September 2025. Ǫ2FY2C Highlights: H1FY2C Highlights: Commenting on the performance,

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