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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Comprehensive Discussion on Govt. G&J Policy

Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive

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Piyush Goyal Inaugurates NEST 2 at SEEPZ

Mumbai: India’s Commerce and Industry Minister Mr. Piyush Goyal unveiled the NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) yesterday, calling for stronger partnership between industry and the government to boost efficiency, transparency, and skilling. Speaking at the event, Mr. Goyal said SEEPZ must mirror the rapid economic growth witnessed under

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Mehul Choksi’s Extradition is Cleared by Belgium

Mumbai: Belgium’s top court has dismissed fugitive diamantaire Mehul Choksi’s appeal against his arrest in Antwerp, which was made on the basis of an extradition request from New Delhi, according to people familiar with the matter. The Belgian Court of Cassation — equivalent to India’s Supreme Court — heard Choksi’s plea in Brussels on Tuesday and ruled in favour of

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Mumbai: Gemfields has announced revenue of $25.4 million from its November–December auction of commercial-quality rough emeralds, marking one of the company’s strongest sales performances of the year despite earlier disruptions at the Kagem mine in Zambia. Held via private viewings in Jaipur, India, followed by an online sealed-bid process, the auction offered 46 lots of rough emeralds. Of these, 45

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Platinum Jewellery Shines at Academy Awards

Los Angeles: Awards show season culminated with the 92nd Annual Academy Awards, where the world’s most famous celebrities walked the red carpet in exquisite platinum jewelry designs. Platinum, the naturally white setting that truly enhances the brilliance of diamonds and colored gemstones, perfectly complemented the couture gowns, glamorous hairstyles and makeup. According to celebrity stylist Micaela Erlanger who selected platinum

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IDWI 2020 Opens to Full House in Israel

Ramat Gan: The International Diamond Week (IDWE) in Israel opened today to a packed exhibition hall, with over 300 international buyers from 18 countries in attendance. Also participating were diamond leaders from around the world including, Alrosa President Sergei Ivanov, WFDB President Ernie Blom, CIBJO President Dr. Gaetano Cavalieri, Bharat Diamond Bourse VP Mehul Shah, Dubai’s DMCC Executive Chairman and

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FCRF: Pink Diamonds Led Chart throughout the Decade

New York: The Fancy Color Research Foundation (FCRF) announced today the results of the Fancy Color Diamond Index (FCDI) in 2019 and over the last decade. During the years 2010-2019 the general index showed a steady market price increase of 77%. Leading the index during the decade were Pink diamonds, which increased by 116%. The prices of Blue diamonds rose by 81% and of

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LOVE Takes Over Platinum this Valentine’s Day

Mumbai: Love deserves an expression. But do phrases like “falling for you”, “blinded by love”, “head over heels”, “madly in love” hold true today? Are they relevant? Is that what we want love to feel like in a modern world that aspires for equality, empowerment & respect for individuality? A state where one loses one’s sense of rational thinking, is

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