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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Judges for Xifu Jewellery Design Comp Announced

Hong Kong: The Xifu International Gold Wedding Jewellery Design Competition 2017 has announced its prestigious panel of judges, which includes five diverse experts from the industries of design, jewellery, and arts from all over the world. The judges have been chosen for their extensive knowledge and expertise in the field of design as well as their high level of trend-consciousness.

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Botswana Diamonds Gets £525,000 for Operations

Gaborone: Botswana Diamonds has raised £525,000 before expenses ($650,000) from the placing of 35 million new ordinary shares with new and existing investors. The net proceeds will be used to fund ongoing kimberlite drilling at the Frischgewaagt property in South Africa, drilling in Botswana, exploration work in South Africa and in the first stage of the 2017 Alrosa/Botswana Diamonds exploration

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Anglo American Not Selling Assets Any More

London: What a difference a year has made for Anglo American, the world’s number five diversified miner, which joined BHP Billiton Tuesday in lifting the mining industry spirits by postings results that clearly signal the long-awaited recovery is already here. Only a year ago the company unveiled details of a radical “portfolio restructuring,” which included the sale of its coal,

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Brazil Heading for Large Diamond Production

Nordestina: There’s a new, silent diamond rush going on in Brazil. In late 2016, a new mine was discovered in the city of Nordestina, in the state of Bahia. It could increase Brazil’s diamond production by up to ten times and place the country among the world’s top 11 producers. This group, of course, is by no means large. But

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The 31st Edition of IIJS Ended with Success

Mumbai: The 31st Edition of India International Jewellery Show (IIJS) ended today with a success note. The show was organized from 17th to 21st July 2014 by the Gem & Jewellery Export Promotion Council (GJEPC) with over 850 plus exhibitors occupying about 1800 booths from India and Overseas. Over 35,000 genuine buyers from all over India and abroad visited the

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Platinum Innovation Awards at JCK 2014

Mumbai: Platinum Guild International (PGI) has once again served a spark of inspiration and excitement with their 5th annual JCK 2014 Platinum Innovation Awards. The winners were chosen for 8 unique design categories. An “Editor’s Choice” and “Buyer’s Choice” were selected in each design category, as well as “Best in Show” Award which was selected as a culmination of all

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Final of India Jewellery Skill Competition Held

Mumbai: Mr. Surojitrana H. from Coimbatore and Mr. Vinod Kumar C. from Bangalore were selected today in a final round of the India Jewellery Skill Competition held at the India International Jewellery Show (IIJS). The Competition is being held by the Gem & Jewellery Skill Council of India (GJSCI) to decide the country’s representative at the prestigious WorldSkills International Competition

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GJEPC Donates Rs One Crore to Make A Wish India

Mumbai: Gem and Jewellery Export Promotion Council (GJEPC) organized “Jewellers for Hope” charity dinner in association with GSI, yesterday in Mumbai. Leading bollywood celebrities Kajol, Boman Irani, Siddharth Roy Kapur graced the evening hosted by Raageshwari Sachdeva-Badola in the presence of the whose-who of the gems & jewellery trade. The “Jewellers for Hope” annual charity dinner is the first edition

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