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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RJC Unveils New Self-Assessment Guide

New York: The Responsible Jewellery Council (RJC), which collaborates on responsible sourcing practices in the jewellery supply chain, has launched its, “New and improved self-assessment workbook to help kick-start 2017 for our members.” RJC explains, “The self-assessment workbook helps members self-assess their performance against the RJC Code of Practices (COP). It is like an internal audit you conduct of your

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Industry Leaders React on Union Budget 2017

Mumbai: Mr. Praveenshankar Pandya, Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC) has issued the following statement in reaction of the Union Budget 2017. “In his presentation of Union Budget 2017-18, India’s Hon. Finance Minister focused on ‘Transform, Energise and Clean India’ (TEC) against the backdrop of global uncertainty. India is now the 6th largest manufacturer in the

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Fancy Color Diamond Prices up Slightly in 2016

New York: Demand for blue diamonds increased substantially during 2016, while demand for yellows continued to fall. For the full year 2016, the Fancy Color Diamond Index rose by 0.4%, driven by price increases for blue and pink diamonds of 5.5% and 1.4%, respectively, and offset by a 4.0% decline in prices of yellow diamonds. According to wholesale pricing data

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Drones to Monitor Marange Diamond Activities

Harare: The Zimbabwe Consolidated Diamond Company (ZCDC) is considering the use of drones to “effectively” monitor diamond mining activities in Marange, local media reports. NewsDay quoted acing ZCDC chief executive Ridge Nyashanu as saying the monitoring would help avoid leakages. “Plans are also underway to introduce the use of drones to monitor all mining zones because they are big,” he

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230+ International Buyers Visit IGJS Jaipur ’26

Jaipur: The International Gem & Jewellery Show (IGJS) Jaipur 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is currently underway in Jaipur from April 9 to 11, 2026, bringing together leading Indian manufacturers and global buyers under one roof. Recognized as a highly curated, business-focused platform, IGJS continues to strengthen India’s position as a preferred sourcing destination

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De Beers Extends Desert Diamonds into Bridal

London: De Beers Group today announced the next chapter of Desert diamonds: an extension of the industry-wide beacon concept into the bridal market, bringing a fresh interpretation of natural diamond engagement and wedding jewellery through a refined spectrum of warm, nature-made hues that reflect enduring love and personal expression. First launched to consumers in 2025 as De Beers Group’s first

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GJS April 2026 Concludes on a High Note

Mumbai: 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show”, held at the Jio World Convention Centre, Mumbai, concluded with a great success, announced the All India Gem & Jewellery Domestic Council (GJC). The four-day extravaganza, inaugurated on 4th April by Mr. Chandrashekhar Bawankule, Minister of Revenue, Maharashtra, witnessed overwhelming participation from across the

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NDC Celebrates First-Ever ‘World Diamond Day’

Mumbai: Jewellery has always held a deeply personal place in people’s hearts and natural diamonds remain its most powerful expression. Every natural diamond carries within it a story of love, milestones, heritage and personal triumphs. On the first-ever World Diamond Day, these stories took centre stage, as people across the country came together to celebrate the meaning and emotion behind

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