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

Ernest Blom on How to Plan for the New Year

Mumbai: Ernest (Ernie) Blom, President of World Federation of Diamond Bourses (WFDB) presented a webinar for GemAtlas live from Johannesburg on January 13, which was attended in large numbers by the gems and jewellery industry, globally, and witnessed eager participation. Mr. Blom offered expert business advice on mindful ‘Planning for the New Year’. Talking about demand and supply forecasts, Mr.

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ORRA Promises to Make Your Gold More Precious

Mumbai, 20th January, 2017: 2017 has ushered in with it a season of celebration through weddings in India! Celebrating this season of togetherness, ORRA has launched exciting offers on gold jewellery that will run until the 17th of February. Patrons will be privy to offers on exchange of gold jewellery as well as flat discounts on making charges. Commenting on

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DPA May Increase Budget Substentially

The Diamond Producers Association (DPA) plans to increase its annual budget to $60 million from $6 million by asking members for bigger contributions, Bloomberg reports. The industry’s marketing body is looking to step up efforts to make diamonds appeal to younger consumers, who are increasingly spending their cash on electronics and restaurants, the report said. The DPA will approach members

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Forevermark Holiday Sales Outperform the Rest

New York: Forevermark diamond sales in the U.S. jumped 6.4 percent during the holiday season as product launches and focused marketing campaigns paid off, De Beers chief executive officer Bruce Cleaver said. Sales of the De Beers-owned brand added 7.6 per cent in 2016, Cleaver told Forevermark partners at a speech in New York. The figures are based on a

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WDC Urges KP to Support Historic Reform

Dubai: Feriel Zerouki, President of the World Diamond Council (WDC), opened the 2025 Kimberley Process (KP) Plenary with a decisive call for participants to support a modernized definition of “conflict diamonds,” marking a pivotal moment for the international certification scheme. Ms. Zerouki highlighted three years of hard work, drafting and negotiation led by the WDC and honored the leadership of

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Candere Opens Two New Stores in Mumbai

Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers has expanded its retail presence in Maharashtra with the launch of two new stores, one each in Andheri and Mulund. These new additions, marking Candere’s 97th and 98th store nationwide, further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched Andheri and Mulund stores

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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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