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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IDE to Host 3 I. Hennig Rough Tenders in March

Ramat Gan: I. Hennig Tenders, a leading international diamond tender operator, will hold three rough diamond tenders at the Israel Diamond Exchange (IDE) International Tender Center from March 13-16, 2017. The first tender will offer two special fancy color rough diamonds of yellow color from the Superkolong diamond tailings operation in Kimberley, South Africa. The stones weigh 77.54 and 38.88

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HK Show Signals Optimism in Asian Markets

Hong Kong: The Hong Kong International Diamond, Gem & Pearl Show, which ran from February 28 and closed March 4, was the first major gem show this year, and may signal a trend in the global diamond industry and in Asian markets specifically. Chairman of the Israel Diamond Institute Group of Companies (IDI) Shmuel Schnizter said, “Our general impression is

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Belgium’s Polished Exports Decline

Antwerp: Belgium’s diamond-trade statistics for February made for somber reading, as data from the Antwerp World Diamond Centre (AWDC) showed a slowdown in both polished and rough shipments. Polished exports slid 15 percent year on year to $1.35 billion, with shipments dropping 14 percent by volume to 530,947 carats, according to the data released Monday. The average price of exports

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Diamonds Discovered For 1st Time in Manitoba

Toronto: Very small diamonds have been discovered in Manitoba, a first for the province, says a Winnipeg geologist. Ruth Bezys, president of the Manitoba Prospectors and Developers Association based in Winnipeg, says an informal consortium made up of Manitoba and Alberta prospectors discovered the precious gemstones in the north-eastern part of the province. Their discovery was announced at this year’s

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Karnataka Minister Invited as Chief Guest at IIJS Bharat Tritiya

Bengaluru: Mr. M.B. Patil, Hon’ble Minister for Large & Medium Industries, Government of Karnataka, has been invited as Chief Guest for IIJS Bharat Tritiya 2026. The show is scheduled from 21 to 23 March 2026 in Bengaluru at the Bangalore International Exhibition Centre (BIEC). The invitation was extended by Mr. Nirav Bhansali, Co-Convener – National Exhibitions, GJEPC. The meeting was

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Congolese Diamonds Tender Gets 40% Higher Sales

Antwerp: From 16 to 20 February, the Congolese diamond company SACIM SARL organised a particularly successful diamond tender in Antwerp. More than 288,000 carats of rough Congolese diamonds were sold at prices that were on average over 40% higher than those achieved in other, competing diamond trading centres. The result once again underlines Antwerp’s unique position as an international hub for rough diamond trading

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GJEPC Hosted IIJS Bharat Retailer Connect Session

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully hosted the IIJS Bharat Retailer Connect session at the PHD Chamber of Commerce, Delhi, on 19th Feb 2026, in association with the Maliwara Jewellers Association, Delhi Jewellers Association, Greater Kailash Jewellers Association and East Delhi Jewellers Association. Mr. Antarpal Singh Sawhney, Regional Chairman–North, inaugurated the seminar, which saw participation

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US & Japan to Invest $550 bln. on Synthetics

New York: The governments of the United States and Japan are reportedly considering directing a portion of a proposed $550 billion investment package toward establishing synthetic diamond production in the U.S., as part of a broader effort to strengthen critical technology supply chains. At the heart of the initiative is a planned synthetic diamond manufacturing facility in the United States,

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