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

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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GJF Seeks 1.25% GST for Gems & Jewellery Sector

Patna: The All India Gems & Jewellery Trade Federation (GJF) East Zonal Chairman Mr. Sankar Sen, Immediate Past Chairman G V Sreedhar, Director – Manoj Jha, Zonal Committee Member Srimal Dholakia and office bearers of Patliputra Sarafa Association Binod Kumar and Bharat Mehta met Honourable Finance Minister of Bihar Mr. Abdul Bari Siddiqui ji and Commercial Tax Minister Mr. Bijendra

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Israel Denies Work Permit to Human Rights Watch

Tel Aviv: Human Rights Watch reported that Israeli authorities denied its application for a work permit submitted by the organization’s Israel and Palestine director on the grounds that it is not a real human rights group, reports Rough&Polished. In his reply to the application, Moshe Nakash, Permit Division Director at Israel’s Administration Service for Employers and Foreign Workers cited the

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Kirit Bhansali Attends India-UK CEOs Forum

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Kirit Bhansali was privileged to represent the gem and jewellery sector as part of the distinguished delegation accompanying Hon’ble Prime Minister Mr. Narendra Modi during his discussions with UK Prime Minister Sir Keir Starmer at the India-UK CEOs Forum . This high-level trade mission underscores the strong commitment of

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Feriel Zerouki to Leave De Beers Group

London: De Beers Group today announced that Feriel Zerouki, Chief Trade and Industry Officer and member of the Executive Committee, has decided to leave the company at the end of October 2025. Feriel joined De Beers in 2005 and has played a central role in shaping the company’s leadership in ethics, provenance and industry integrity. She led the launch of

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NITI Aayog Partners with GJEPC to Boost Exports

Mumbai: India’s gems and jewellery industry got a significant boost on 7th October 2025, when NITI Aayog and GJEPC brought together key stakeholders to discuss the sector’s future competitiveness and export potential. The hybrid event, hosted at the Bharat Diamond Bourse (BDB) with several participants joining virtually, featured Mr. Sanjeet Singh, Senior Advisor, NITI Aayog, joined by Mr. Kirit Bhansali,

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10% Traffic Increase in JGW Hong Kong

Hong Kong: Jewellery & Gem WORLD Hong Kong 2025 (JGW) recorded a 10% increase in buyer attendance over the previous edition – a cautiously positive signal against a backdrop of complex market realities, Informa Markets Jewellery announced yesterday. Despite ongoing trade tensions, supply chain disruptions and high gold prices rattling the luxury goods market, the world’s No.1 jewellery sourcing destination

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