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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
Top News
Rockwell Diamonds Subsidiaries Face Liquidation
Johannesburg: Rockwell Diamonds said a judge in Kimberley, South Africa issued an interim liquidation order last Thursday against three of its subsidiaries, reports rough-polished.com. It said the interim orders, which have to be confirmed in a final hearing, included Rockwell Resources RSA, HC van Wyk Diamonds and Saxendrift Mine Limited. The interim court order would not affect Rockwell Diamonds as
GJEPC Makes Presentation at GST State Conclave
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) delegation led by Chairman Mr. Praveenshankar Pandya made a presentation on GST issues to the Hon’ble Union Finance Minister Mr. Arun Jaitley at the GST conclave organised by the Maharashtra State Government in Mumbai on March 26. The meeting was also attended by Hon’ble Revenue Secretary, Dr. Hasmukh Adhia. The issues
Gemfields Tests Nanotechnology at Kagem Mine
London: The Gübelin Gem Lab, a leader in the analysis of precious gemstones, has launched its Emerald Paternity Test. This new technology uses customized DNA-based nano particles enabling trace-ability of emeralds back to the exact place of mining. The Emerald Paternity Test is a true game-changer for the coloured gemstone industry. It is the first of a series of technologies
Indian G&J Sector is Ready with GST Software
Kolkata: The gems and jewellery trade has almost completed the development of the software needed for GST implementation slated to put into effect from July one this year. “The software development for GST implementation in the gems and jewellery trade is almost complete. Now the jewellers across the country would be educated about the various aspects of the software through
Lucia Silvestri is the Chief Guest at Artisan Awards 2026
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has announced 8th April 2026 as the date for the prestigious Artisan Jewellery Design Awards 2026. Official theme of the Award is “Quantum Couture – Re-Engineering Beauty and Cultural Codes.” The GJEPC team declared, “We are honoured to welcome Lucia Silvestri, the creative force behind some of Bvlgari’s most iconic masterpieces,
NDC Launches World Diamond Day on April 8
Mumbai: The Natural Diamond Council (NDC) introduces World Diamond Day on April 8, 2026, a global movement that brings people together through the stories behind natural diamonds. On this day, everyone is invited to participate, from those who work with diamonds every day to those who wear, gift, or admire them. World Diamond Day is about sharing the personal and
Winners of the Mega Lucky Draw Announced
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) announced the winners of Mega Lucky Draw on 23rd March, where registered paid visitors won a Mercedes-Benz, Thar, Maruti and many more exciting bumper prizes. The Mega Lucky Draw for paid visitors on the concluding day of the IIJS Bharat Tritiya Show, added a celebratory note to the show, with lucky winners
Platinum Jewellery Shines at the 98th Academy Awards
Mumbai: The 98th Academy Awards showcased some of the most spectacular jewelry moments of awards season, with platinum serving as the setting of choice for many of the evening’s standout looks. Celebrated for its rarity, strength and naturally luminous white color, platinum provided the perfect foundation for extraordinary diamonds and rare gemstones worn by Hollywood’s leading talent. From dramatic diamond
