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

Pangolin Recovers Three New Diamonds

Gaborone: Pangolin Diamonds said three new diamonds were recently discovered from soil samples at the Malatswae diamond project in Botswana. It said one of the diamonds measured +2mm in all directions, clear and white in colour. Sixteen +0.5mm diamonds had now been discovered in soil samples within six zones at Malatswae. The first zone had produced nine diamonds from soil

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Diamond Conference Mines to Market Concludes

Mumbai: The two-day long International Diamond Conference Mines to Market organised by The Gem & Jewellery Export Promotion Council (GJEPC) as part of its 50th anniversary celebrations concluded in Mumbai on Monday after intense discussions spanning an extensive spectrum of issues related to the different stages of the pipeline. Summing up the two-day event, which included a Gala Dinner addressed

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DPA’s India Campaign to Unveil in IIJS 2017

Mumbai: The first ever generic diamond promotion campaign in over a decade launched by the Diamond Producers Association (DPA) in 2016, and the organisation’s plans to drive demand for diamonds especially among the millennial consumers, occupied centre stage at the session on Marketing during Day 2 of the GJEPC’s Mines to Market conference in Mumbai. The audience welcomed the announcement

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Om Jewellers Launches Forevermark in Mulund

Mumbai: OM Jewellers strengthened its partnership with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at its store in Mulund (W). Celebrating the launch, Bollywood actress Prachi Desai unveiled OM Jewellers’ exclusive collection crafted with beautiful Forevermark diamonds. Wearing stunning Forevermark jewellery she said, “Diamonds are every girl’s best friend and when that

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India and New Zealand Sign Strategic FTA

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the signing of the India–New Zealand Free Trade Agreement (FTA) on 27 April 2026, calling it a timely and strategic step that opens a high-potential market for Indian gem and jewellery exporters. India’s current gem and jewellery exports to New Zealand stand at approximately USD 16.61 million. With zero-duty

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Suresh Hathiramani Elected as Chairman of WDHB

Singapore: The World Diamond Heritage Board (WDHB) has announced the appointment of Mr. Suresh Hathiramani as Chairman and Mr. Alex Popov as Vice-Chairman, of the Selection Committee of the World Diamond Heritage List (WDHL). A Historic Initiative for the Diamond Industry: The World Diamond Heritage List is an initiative designed to identify and document the 100 diamonds that have shaped

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Antwerp’s Diamond Trade Increased by 20% in Q1

Antwerp: According to figures from the Antwerp World Diamond Centre (AWDC), the total volume of diamonds traded in Antwerp increased by nearly 20% in the first quarter of 2026 compared to the same period last year. The import of rough diamonds in particular saw strong growth, with a 35.7% increase in volume. In terms of total trade value, the trading

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India Govt. Includes Jewellery in FTWZ

New Delhi: In a significant policy clarification, the Government of India has brought jewellery under the ambit of Free Trade Warehousing Zones (FTWZ), extending the scope of the existing framework governed by the SEZ Rules, 2006. Under a Circular dated 3rd March 2016, FTWZ units were already permitted to undertake storage and vaulting of precious commodities such as gold, silver,

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