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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IIDGR Partners with Lukfook Jewellery

Hong Kong: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group announced on Thursday that it has established a polished diamond grading partnership with Lukfook Jewellery, a leading Hong Kong and Mainland China jewellery retailer. The grading partnership is De Beers Group’s first with a vertically-integrated Sightholder. Through the partnership, the IIDGR will supply co-branded

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De Beers Cuts Sightholder Allocations

Gaborone: De Beers has reduced the supply of rough diamonds it will be offering sightholders in the coming year, as it fulfills its commitment to support diamond manufacturing in Namibia. The company signed an agreement with the Namibian government last year, committing to allocate 15% of its Namibia production to state-owned company Namdia, which will conduct independent sales on behalf

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‘Kashmir-Like' Sapphires Entered Gem Trade

Basel: (By Dr. Michael S. Krzemnicki, SSEF): In recent weeks, the Swiss Gemmological Institute SSEF has analysed a significant number of sapphires from a new deposit at Bemainty, near the small town of Ambatondrazaka in Madagascar, which were submitted to us by several reliable independent sources. Bemainty/Ambatondrazaka is the site of a new gem-rush in Madagascar, which over the past

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Israel Bourse Slices $3M off Expenses

Ramat Gan: The Israel Diamond Exchange (IDE) has reduced membership fees for 200 companies after a cost-cutting program resulted in $2.8 million (ILS 10 million) in annual savings. The bourse has extended its bursary scheme – which entails a 50% subsidy for companies that cannot afford the full membership sum – so that a total of 400 firms will now

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BDB Celebrates the ‘World Diamond Day’

Mumbai: A fitting tribute to the “World Diamond Day” launched by Natural Diamond Council (NDC) was celebrated in Bharat Diamond Bourse (BDB) on 8th of April with much fanfare. History of diamonds, from evolution to the present day was depicted through huge panels bearing pictures and descriptions of the respective eras. Images and educational text showed the important partner countries involved

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Akshay Kala-The Eternal Art: GJS Opens 4th April

Mumbai: All India Gem & Jewellery Domestic Council (GJC) proudly announces the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” Scheduled from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai, this premium B2B exhibition will celebrate timeless craftsmanship and innovation under the theme “Akshay Kala: The

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India Removes ₹10 Lakh Cap on Courier Export

New Delhi: The Government of India on 31st March 2026 issued a set of notifications and a circular to ease re-imports and streamline courier mode shipping, following announcements made in the Union Budget. The reforms target e-commerce exporters and aim to reduce friction in cross-border returns and logistics. A key change is the removal of the per-consignment value cap for

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Aurya Diamonds Enters the Market

Bengaluru: Aurya Diamonds, a Bengaluru-based fine jewellery brand that is reimagining how modern India experiences diamonds through certified lab-grown stones and a design-first, transparent retail philosophy. Founded by Shikha Dadha and co-founded by Saad Salman, Aurya marks its entry into the Indian market with a state-of-the-art experiential jewellery gallery in Bengaluru—moving away from traditional “behind-the-glass” retail to a more immersive, interactive, and consumer-centric format.

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