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

SGB: Fixed Price is INR 3119 Per Gram

New Delhi: The Indian Government has fixed Rs 3,119 per gram as the issue price for the 4th tranche of Sovereign Gold Bonds (SGB) scheme which is opened for subscription now. The government has reduced the minimum subscription denomination to 1 gm in the 4th tranche, which would be open for investment by individuals and institutional investors from July 18-22.

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GJF to Hold Seminars on Excise Implementation

Mumbai: All India Gems and Jewellery Trade Federation (GJF) has said that it will conduct seminars in 60 cities across the country to create awareness among jewellers on norms of excise duty implementation and other trade related practices. “There is lot of confusion among jewellers about the excise duty norms, administrative matters and maintenance of records. We will organize seminars

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Banks to Disclose Names of 7000 Willful Defaulters

Ahmedabad: The All India Bank Employees Association (AIBEA) is all set to make public the names of 7,000 willful defaulters, many of who are from Gujarat. The association has said they will disclose the data next week. “There are around 7,000 willful defaulters, and their bank dues add up to a staggering Rs70,000 crore. Their names will be announced on

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ALROSA Recovers 214-Carat Diamond

Moscow: ALROSA recovered a 214.65-carat diamond from Nyurbinskoye placer deposit, the second such special stone found in the area in as many months. The company said the diamond measures 42.11mm x 34.26mm x 16.07mm and is translucent with a grey hue. It has cracks that are filled with graphite and sulphide composition and is classified by the company as 4

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NDC & DJG Unite to Strengthen Natural Diamond Narrative in UAE

Dubai: Natural Diamond Council (NDC), a global not-for-profit organization representing the natural diamond industry and its entire value chain, is proud to announce a strategic collaboration with Dubai Jewellery Group (DJG). The partnership will be marked by an exclusive B2B event in Dubai, dedicated to reinforcing the integrity, transparency, and long-term growth of the natural diamond sector. Taking place on

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Gold Breaks Records as Investors Seek Shelter from Market

Mumbai: The World Gold Council’s (WGC) Q3 2025 Gold Demand Trends report reveals that quarterly gold demand (including OTC) reached 1,313t, or US $146bn in value terms and was the highest quarter for demand on record. Growth was driven primarily by investment demand which accelerated in Q3 reaching 537t (+47% y/y) and accounted for 55% of overall net gold demand. This momentum

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Jennifer Lopez Named Ambassador for Zen Diamond

Mumbai: Jennifer Lopez is named as the new brand ambassador for Zen Diamond. As the company continues its international expansion across 22 countries, this collaboration marks a significant step in its journey toward becoming a globally recognized brand. At the beginning of August 2025, while performing across Europe and Asia on her “Jennifer Lopez Up All Night” tour, Jennifer Lopez

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HRD Antwerp to Stop Grading Loose LGDs

Antwerp: HRD Antwerp announced it will stop grading loose lab-grown diamonds (LGDs) for commercial use, starting from January 2026. This move is intended to clearly distinguish between natural and lab-grown diamonds and strengthen consumer confidence in the natural diamond market. The lab will continue to issue certificates for jewelry that contains LGDs and will still analyze synthetic stones for research purposes. 

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