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

Purvi Shah Appointed As New ED of RJC

Mumbai: The Responsible Jewellery Council (RJC) has appointed Purvi Shah, currently head of ethical and sustainable value chains at De Beers, as its next executive director, effective Feb. 7, 2026. She will succeed John Hall, who has served as interim executive director since Melanie Grant’s departure in January. Shah has been with De Beers for 17 years and has served

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New Digital Innovation Reinforces Antwerp’s Global Leadership

Antwerp: The Belgian diamond federation Antwerp World Diamond Centre (AWDC) has launched an innovative digital customer screening tool, based on Regulatory Technology (RegTech) and tailored to the specific needs of the diamond industry. With this new application, the Antwerp diamond sector takes an important step forward in the prevention of money laundering, helping diamond companies to meet their legal Anti-Money

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GJSCI Signs MoU with APSSDC

Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh State Skill Development Corporation (APSSDC) to implement skill training programmes. The collaboration will encompass Short-Term Training programs, upskilling modules, and Recognition of Prior Learning assessments, designed to enhance talent development in the gems and jewellery sector. Through these structured

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GSI and Mindron Unveil TRUSURE APEX

Mumbai: Gemological Science International (GSI) and Mindron announced the launch of the Trusure Apex, a state-of-the-art and advanced diamond screening instrument, at a recent event. Powered by GSI, this groundbreaking tool is engineered to detect natural diamonds, lab-grown diamonds (CVD and HPHT), and non-diamond simulants such as CZ, across various jewellery types and categories, including loose, mounted, and complex polki

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Gemfields Generates $ 71.5 Min. from Ruby Auctions

London: Gemfields has announced the results of an auction of rough rubies in Singapore from 10 – 14 December 2019. The rough rubies were extracted from the licence held and operated by Montepuez Ruby Mining Limitada (“MRM”), which is 75% owned by Gemfields and 25% by local partner Mwiriti Limitada. Highlights: • Auction revenues of USD 71.5 million;• Of the

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De Beers Diamond Sales on Recovery in 10th Sight

Gaborone: De Beers concluded its 2019 rough diamond sales on a seemingly recovery path as the Anglo American 85%-owned diamond company raked in $425 million from the tenth sales cycle of 2019 compared with $400 million realised during the ninth sales cycle. “Following continued polished diamond price stability in the lead up to the final sales cycle of the year,

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Malabar Gold Hosts Solitaire Show with Forevermark

Mumbai: Forevermark, the diamond brand from the De Beers Group will showcase a collection of over 300 diamond solitaires at the Malabar Gold & Diamonds store in Andheri, Mumbai. These beautiful solitaire pieces, starting from 0.14 carats onwards, will be on display till 29th December 2019. Forevermark diamonds are the world’s most carefully selected diamonds while Malabar Gold & Diamonds are known for their un-compromized quality, trust and transparency.

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GIA India Shares ‘4Cs of Diamond Quality’

Hyderabad: GIA India organised a seminar on the “4Cs of Diamond Quality” to help customers of Malabar Gold and Diamonds gain knowledge and confidence. More than 35 diamond connoiseurs and buyers of diamond jewellery attended the seminar in Hotel Mercure, Hyderabad, Telangana. A GIA India representative shared insights on the famous 4Cs of Diamond Quality – Color, Clarity, Cut and Carat

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