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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PNG Jewellers’ Silver Jubilee Store in New Jersey

Mumbai: PNG Jewellers has launched its third store in New Jersey, United States of America on 18th March, 2017. The store was inaugurated by Bollywood diva Raveena Tandon in presence of Mr. Saurabh Gadgil – Chairman & Managing Director and other renowned dignitaries. This 4000 sq. ft. spacious showroom located in the heart of the city, showcases exquisite pieces of

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43rd IGJ Awards (2016) Distributed by GJEPC

Mumbai: Maharashtra Chief Minister Shri Devendra Fadnavis graced the 43rd India Gem & Jewellery Awards (IGJA 2016) hosted by Gem & Jewellery Export Promotion Council (GJEPC) and powered by GIA to recognise and reward star performers of the Indian gem and jewellery sector. As GJEPC celebrates its golden jubilee year, a total of 50 nomination awards and felicitation awards were

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IDMA Welcomes New Ladies Executives

New York: International Diamond Manufacturers’ Association (IDMA) has welcomed the newly appointed ladies executives recently appointed in the global diamond sector on different faculties. In its 168th Weekly Newsletter, the IDMA president Mr. Ronnie VanderLinden says, “International Women’s Day was on March 8, already a week ago, but I would like to impress upon our rather somewhat conservative industry, the

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Alrosa Starts Sales of Angolan Diamonds

Moscow: Russia’s top diamond producer Alrosa has sold two batches of diamonds from its Angola-based processing facility of Catoca since the beginning of this year, the company’s Vice President Rinat Gizatulin told TASS. “Since February 2017 our Angolan partners have allowed us to participate in sales. We have already sold two pilot batches of diamonds from the Catoca deposit,” he

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IAGES Grows to 550+ Accredited Partner Outlets 

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES), a self-regulatory body has crossed the 100+ accredited partner landmark, establish a strong presence with 550+ partner outlets. With its footprint spanning 240+ cities pan India, IAGES consolidates its position as the facilitator of trust, transparency, and standardization in the gold sector. The IAGES accreditation network today spans the entire

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Kama Jewelry Turns 30

Mumbai: Mumbai-based Kama Jewelry has marked three decades of fine jewelry manufacturing, Rs.982 Crore in revenue, 1,200 craftspeople, 260+ clients across four continents, and a 27% CAGR that rivals the best long-term compounders in Indian business. • Rs.982 Cr — FY2025-26 Revenue | +22% YoY growth• 27.1% — 30-Year CAGR | No outside capital raised• 1,200+ — Master craftspeople, all

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Record Gold Prices Continue to Shift Demand Dynamics

Mumbai: The World Gold Council’s (WGC) Q1 2026 Gold Demand Trends report reveals that total quarterly gold demand (including OTC) reached 1,231t, a 2% increase year-on-year. While volumes increased modestly, the value of demand surged to a record US$193bn, up 74% year-on-year. Around the world, retail investors were drawn to gold’s price momentum and safe-haven appeal,driving bar and coin demand

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NDC Plans Higher Spend for India: Amber Pepper

Mumbai: Ms. Amber Pepper, the newly appointed CEO of the Natural Diamond Council (NDC), signalled a major strategic shift towards the Indian market during a high-level meeting at the Gem & Jewellery Export Promotion Council (GJEPC) head office in Mumbai on 30th April. Accompanied by Ms. Richa Singh, Managing Director for India and the Middle East, NDC, Pepper met with top

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