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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India’s G&J Exports Grew During April’25 & Mar’26

Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical

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Gaetano Cavalieri Awarded 2nd Highest Rank in Italian Knighthood Order

Milan: CIBJO President Mr. Gaetano Cavalieri has been named a Grande Ufficiale (Grand Officer), the second-highest rank within the Ordine al Merito della Repubblica Italiana, the most senior knighthood order of merit in the Italian Republic. Established in 1951, the order recognizes accomplishments in the fields of science, literature, arts, economy, public service, and social, philanthropic and humanitarian activities and for

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Zen Diamond Opens New Store in Hyderabad

Hyderabad: Zen Diamond, the globally acclaimed fine jewellery brand with a presence across more than 450 stores worldwide, continues to expand its presence in India with the opening of its new store at Lake Shore Mall, Hyderabad. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Chandigarh with one store

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World Diamond Day Sparks Global Groundswell

Mumbai: The Natural Diamond Council (NDC) announced the successful inaugural launch of World Diamond Day (April 8, 2026), a global, social-first movement that mobilized the diamond industry across more than 50 countries in a single unified moment. Designed to ignite a groundswell across the trade, the first-ever World Diamond Day drove a surge in global searches and social mentions for natural diamonds,

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