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

GJEPC Guides on “Benefits of Organised Trading”

Mumbai:  The Gem & Jewellery Export Promotion Council organised a seminar in Mumbai on 5th January 2017 to create awareness about the benefits of cashless transaction, income tax compliances, as well as on doing business in an organised manner. The seminar was, especially organised for the non-members of the Council who are doing business in an unorganised manner, but have

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GJEPC’s Design Inspirations Seminar on 9-10 Feb

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has announced that its Design Inspirations seminar will be held on February 9th and 10th 2017, in Mumbai. An annual event, each year the seminar explores the design trends paradigm and  emerging scenarios through the presentations of expert speakers.  The audience is also provided with insights on how the broad trends

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India’s Gold Imports About 492 Tonnes in 2016

Mumbai: India’s gold imports for 2016 are estimated to be 492 tonnes in volume terms or about US$ 16-17 billion in value terms, according to a survey by Thomson Reuters GFMS. The agency said that not only does this represent a significant dip compared to the previous year, but is also the lowest level they have reached since 2003. TRGFMS

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ICEX to Introduce Trading of Diamond Futures

Mumbai: The Indian Commodity Exchange (ICEX) is set to launch trading of diamond futures with a view to helping the industry hedge against wild fluctuations in polished prices. Investors will buy diamond futures on ICEX in a format similar to commodities exchanges such as Comex, Nymex and the London Metal Exchange. They will be able to choose from three different

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Gemfields Generates $32 Mln. from Emerald Auction

London: Gemstone miner Gemfields generated $32 million in revenue from an auction of high-quality rough emeralds sourced from its 75%-owned Kagem mine in Zambia. The auction, held from August 25 to September 11, saw all 38 lots successfully sold at an average realised price of $160.78/ct. Among the highlights was an exceptional 11 685 ct gemstone, named Imboo (meaning “buffalo”),

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SAJEX: a Catalyst for Enhancing Bilateral Relations

Jeddah: Saudi Arabia presents significant opportunities for the Indian gem and jewellery (G&J) market, and SAJEX serves not merely as an exhibition, but as a vital catalyst for enhancing bilateral relations and creating shared value for both economies. GJEPC aspires for this event to gain widespread recognition and to become a staple on Jeddah’s event calendar, thereby stimulating the local

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New Export Opportunities for India’s G&J in Saudi Arabia

Jeddah: The Saudi Arabia Jewellery Exposition (SAJEX 2025), the first-ever dedicated B2B gems and jewellery (G&J) exhibition in the Kingdom, was inaugurated yesterday at the iconic Jeddah Superdome. Organized by the Gem & Jewellery Export Promotion Council (GJEPC) with the support of the Ministry of Commerce & Industry, Government of India, the Embassy of India in Riyadh, and the Consulate

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IFJA, a Design School for Jewellery Launched

Milan: The International Fine Jewellery Academy (IFJA), a jewellery craftsmanship and design school that will be based in Milan, Italy, was officially launched on September 6, during a presentation about the new institution that was a highlight of the CIBJO seminar series at the September 2025 edition VICENZAORO jewellery show in Vicenza. As described by its founders, the International Fine

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