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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
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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GJEPC’s MyKYCBank to Hold Training Sessions
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), had, some time back launched MyKYCBank.com for the benefit of the industry. The GJEPC is now holding training sessions for representatives (who are typically involved in the KYC process) of participating member companies. These sessions are planned to be held twice a week – every Tuesday and Thursday at 4.00 pm
KP Chair Ahmed Bin Sulayem Honoured by DDC
New York: Kimberley Process (KP) Chair Ahmed Bin Sulayem has been honoured by the Diamond Dealers Club (DDC) of New York for contributions to supporting the sustainable growth of the global diamond industry. During an official visit to the United States, the accolade was presented to Bin Sulayem by Reuven Kaufman, President of the DDC, and Eli Izhakoff, Honorary President
U.S. Consumer Confidence Highest in 13 Years
New York: Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, writes Bloomberg based on a report from the Conference Board, a New-York based independent business membership and research association working in the public interest. The Conference Board Consumer Confidence
Dates for 10th Signature IIJS Rescheduled Again
Mumbai: The 10th edition of Signature IIJS 2017 is all set to unveil the most coveted premium jewellery and kick-start the new buying season from 6th (Monday) – 9th (Thursday) February, 2017 at Bombay Exhibition Centre, Goregaon. The 4th edition of India Gem & Jewellery Machinery Expo (IGJME) – one of the leading gem and jewellery (G&J) technology fairs – will be held in conjunction
JGW Hong Kong Honours Sustainability Champions
Hong Kong: The Winners and Finalists of the Sustainability Awards 2025 by JWA (Jewellery World Awards) were celebrated at a Recognition Ceremony hosted last night by the industry’s No.1 jewellery sourcing destination – Jewellery & Gem WORLD Hong Kong (JGW). Powered by Informa Markets Jewellery, the Awards programme recognises exceptional sustainability initiatives within the fine jewellery, gemstone and related sectors.
Diwali Edition of GJS Opens in Mumbai
Mumbai: The India Gem & Jewellery Show (GJS2025) – Diwali Edition officially opened yesterday with a grand inauguration ceremony at the Jio World Convention Centre, Mumbai. The prestigious event was inaugurated by Chief Minister of Maharashtra, Mr. Devendra Fadnavis who attended the #HamaraApnaShow as Chief Guest, marking a proud moment for the Indian gem and jewellery industry. Also graced by
Augmont Receives Promising Gold Bullion Refiner Award
Mumbai: Augmont Enterprises Ltd., one of India’s established gold platforms, has been recognized with the prestigious “Promising Gold Bullion Refiner (All India)” award at the India Gold Conference (IGC) 2025. This recognition reflects the company’s role in contributing to the evolving bullion industry. At the conference, Mr. Ketan Kothari, Director at Augmont, was presented with the IGC Excellence Award 2025:
Take Blood Donation Pledge on Jeweller’s Day
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is calling upon every citizen to take a Blood Donation Pledge on Jeweller’s Day and actively participate in blood donation drives that will follow, in honour of the skilled craftsmen who are the backbone of India’s gem and jewellery industry. This initiative reflects the industry’s deep commitment to social responsibility and
