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

Rising Demand for Online Diamond Trading

Ramat Gan: Electronic diamond trading is gaining steam worldwide, various stakeholders in the international diamond industry said at an e-commerce symposium held by the Israel Diamond Institute (IDI). The symposium was held at the Israel Precious Stones and Diamonds Exchange with Israel Diamond Exchange (IDE) President Yoram Dvash, Israel Diamond Institute (IDI) Chairman Shmuel Schnitzer, Attorney Eli Shimoni and the

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De Beers Q4 Output Leaps 10pc to 7.8mct

Gaborone: De Beers’ rough diamond production leaped 10 percent to 7.8 million carats during the fourth quarter of 2016 compared with 7.1 million carats, a year earlier, when production was reduced in response to trading conditions, Anglo American said. The group’s rough diamond production also increased 24 percent compared with 6,273 million carats produced during the third quarter as a

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Blom Diamonds Taken Over by Tychean Resources

Johannesburg: Blom Diamonds, a cutting and polishing firm owned by senior industry figure Ernie Blom, has agreed to be acquired by Australia’s Tychean Resources for up to $4.1 million (AUD 5.5 million). Under the deal, Tychean will issue shares worth about $206,352 (AUD 273,800), based on AUD 0.004 per share at the time of the deal, to acquire a 74

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Singapore Jewellery Expo from 6-9 July 2017

Singapore: The Singapore International Jewellery Expo (SIJE) 2017 will be held at Marina Bay Sands, Singapore, on 6 – 9 July 2017.  Featuring more than 200 exhibitors from 25 countries, the expo will showcase exquisite jewellery from manufacturers and designers from all over the world. The abundance of natural gems and resources in Asian countries, coupled with the 5% increase

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12th IRGSS Inaugurated in Jaipur

Jaipur: The 12th Edition of the India Rough Gemstones Sourcing Show (IRGSS) 2025 was inaugurated on 17th November 2025 by Mr. R. K. Chandan, Commissioner of Customs, Jaipur. He was joined by Shri Jitendra Meena, Deputy Commissioner of Customs, ACC Jaipur. Mr. Chandan was welcomed and felicitated by Mr. Yogendra Garg, Regional Chairman, GJEPC, and Mr. D. P. Khandelwal, Convener of

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World Diamond Congress in Singapore from July 12

Singapore: The next World Diamond Congress, a joint assembly of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will be held July 12-15, 2026, at the Sands Expo & Convention Centre. “We are excited to hold this pivotal industry gathering once again in Singapore,” Fabio Cascapera, President of the Diamond Exchange of Singapore (DES),

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IIGJ Lab Simplifies Ruby Treatment Description

New Delhi: IIGJ Lab is committed to serve the Gem & Jewellery Industry by providing independent quality assessment of Gemstones & Jewellery. IIGJ’s Ruby Identification service is well known and is availed by gemstone manufacturers, traders, and retailers. Effective 6th November 2025, IIGJ Lab (A Project by GJEPC India) sponsored by Ministry of Commerce and Industry, Govt. of India has

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GJEPC Headed G&J Sector During President’s Botswana Visit

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) headed the gem and jewellery (G&J) sector’s presence during President Smt. Droupadi Murmu’s state visit to Botswana from 11 to 14 November. As part of Indian delegation, led by South Gujarat Chamber of Commerce & Industry (SGCCI), Mr. Jayanti Savaliya, Regional Chairman – Gujarat, GJEPC, was heading a team representing the

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