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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 Unveils 50th Anniversary Logo
Mumbai: GJEPC unveiled a special Roman Regal 50th anniversary logo at the Jewellers for Hope Charity Dinner event coinciding with the 33rd edition of the IIJS. The logo was unveiled by GJEPC Chairman Praveenshankar Pandya. During the year, the Council will hold a series of initiatives to commemorate this significant milestone in its illustrious history. “We, at GJEPC, have unveiled
GJSCI Launches India’s 1st Dedicated Job Portal
Mumbai: On occasion of the biggest annual jewellery event IIJS, Gems & Jewellery Skill Council of India(GJSCI) makes yet another contribution to the industry with the launch of www.gjscijobs.com, an exclusive job portal for the Gems & Jewellery industry. It was launched during the GJSCI seminar on ‘Why Skill’ at Hall No. 1 during IIJS 2016 by Mr. Manoj Dwiwedi,
NMDC Gets Nod for Diamond Explorations in AP
New Delhi: The Centre’s forest panel has given its permission to state-owned miner NMDC to enter into Kalyandurg forest range in Ananthapur district, Andhra Pradesh for carrying out diamond exploration. The Forest Advisory Committee (FAC), the apex body in the Union Environment Ministry that approves or rejects proposals for diversion of forest land — examined the proposal in the recent
33rd Edition of IIJS Inaugurated
Mumbai: The 33rd edition of India International Jewellery Show (IIJS), organized by the Gem and Jewellery Export Promotion Council (GJEPC) was inaugurated at Mumbai on Thursday. Mr. Bruce Cleaver, CEO of De Beers Group who was the chief guest at the five-day show’s inaugural function said, “India is of central importance to De Beers’ future and is at the very
Pre CIBJO Congress Report Focuses on AI
Milan: With a couple of days to go to the opening of the 2025 CIBJO Congress in Paris, France, on October 27, 2025, the tenth and the final of the pre-congress Special Reports has been released. Prepared by the CIBJO Technology Committee, chaired by Stéphane Fischler, the report focuses exclusively on artificial intelligence, looking at ways in which the greater jewellery
De Beers Brings Diamonds & Glamour to London
Mumbai: Insiders suggest a star-studded journey to London might be on the cards. But why London? Beyond its glittering reputation as a global hub for jewellery and fashion, whispers point to something far more dazzling — De Beers is set to host a major showcase in the city. This year, De Beers Group makes its grand debut at Frieze London,
India’s G&J Exports Grow 3.66% in 1H of ’25-26
Mumbai: India’s gem and jewellery (G&J) exports record a steady recovery in the first half of FY2025–26, witnessing a growth of 3.66% to US$ 14.09 billion between April and September 2025 compared to US$ 13.60 billion in the same period last year. This growth comes despite global headwinds, reflecting the resilience and adaptability of India’s jewellery exporters as festive and
IIBX & GJEPC Facilitate First-Ever Duty-Free Gold Import
Mumbai: The India International Bullion Exchange (IIBX), in collaboration with the Gem & Jewellery Export Promotion Council (GJEPC), has achieved a major milestone by facilitating the country’s first-ever duty-free import of gold under the Directorate General of Foreign Trade’s (DGFT) Advance Authorisation Scheme. This breakthrough marks a new chapter in India’s bullion market, aligning with the government’s vision to streamline
