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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Second Seminar on Demonetization in Surat

Surat: The Gem & Jewellery Export Promotion Council (GJEPC), Surat organised a seminar on ‘Demonetization and Opportunities for G & J Sector’ on Jan 3, 2017. The seminar, which was the second on the theme held by GJEPC in the city, saw a large turnout of diamantaires, especially many of the smaller manufacturers who are facing problems as a result

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Researchers Grow Needle-Like Diamonds

Moscow: Physicists from the Lomonosov Moscow State University have obtained micrometer-sized diamond crystals in the form of a regular pyramid. In cooperation with co-workers from other Russian and foreign research centers, they have also studied the luminescence and electron emission properties of these diamond crystals. The research results have been published in a series of articles in journals including Scientific

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Town Embedded with Millions of Diamonds

Nördlingen (Germany): Upon first glance, Nördlingen has all the hallmarks of a classic German town. At its epicenter sits St.-Georgs-Kirche, a medieval church with an imposing tower that dominates the skyline, which itself is punctuated by the red pitched roofs of hundreds of timberframe homes and shops. But on closer inspection, it’s these very buildings that set Nördlingen apart from

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Synthetic Diamonds May Replace GPS

London: Lab-grown red diamonds with an atomic defect could one day replace GPS systems thanks to their remarkable sensitivity to magnetic waves, according to scientists at Element Six which is majority owned by De Beers. A team at the firm is exploring the remarkable properties of crystals with a so-called ‘nitrogen vacancy defect’ – a gap in the atomic lattice

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0% U.S. Import Tariff for EU-Polished Diamonds 

Antwerp: Thanks to intensive negotiations, the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, has succeeded in securing a zero percent import tariff for natural polished diamonds under the trade agreement between the European Commission and the United States. This exemption is part of a U.S. executive order, effective retroactively as of Monday, September 1,

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GSI Launches State-of-Art Lab in Kolkata

Kolkata: Gemological Science International (GSI) proudly announced the official launch of its laboratory in Kolkata, marking a significant milestone in the company’s commitment to providing world-class gemological services to one of the leading jewellery manufacturing hubs of India. The event, which was attended by prominent industry leaders and luminaries, received an overwhelming outpouring of support and enthusiasm, further solidifying GSI’s

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GJEPC Announces Newly Elected CoA for 2025

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, has announced the results of its recent Committee of Administration (CoA) elections for 2025 for the vacant positions. Welcoming the new members, Mr. Kirit Bhansali, Chairman, GJEPC, said, “I warmly welcome all the newly elected members of the CoA. Each

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Men of Platinum Returns with ‘MS Dhoni Signature Edition’

Mumbai: Platinum Guild International (PGI) India’s Men of Platinum brand returns this festive season with the MS Dhoni Signature Edition — a line of jewellery that speaks to the enduring legacy of a modern icon. Crafted in 95% pure platinum one of the highest standards of purity in precious jewellery, platinum is naturally white, it never fades or tarnishes. Each

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