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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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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WDC Urges KP to Support Historic Reform

Dubai: Feriel Zerouki, President of the World Diamond Council (WDC), opened the 2025 Kimberley Process (KP) Plenary with a decisive call for participants to support a modernized definition of “conflict diamonds,” marking a pivotal moment for the international certification scheme. Ms. Zerouki highlighted three years of hard work, drafting and negotiation led by the WDC and honored the leadership of

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Candere Opens Two New Stores in Mumbai

Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers has expanded its retail presence in Maharashtra with the launch of two new stores, one each in Andheri and Mulund. These new additions, marking Candere’s 97th and 98th store nationwide, further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched Andheri and Mulund stores

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Peter Meeus Makes Second Bid for HRD Antwerp

In execution of a sales process announced by the Antwerp World Diamond Centre (AWDC) to sell a majority of the shares of HRD Antwerp NV, as announced in the Summer of 2019, Peter Meeus has made an offer through a Letter of Intent (LOI) deposited at AWDC/HRD at 13:00 hrs yesterday. Meeus has made a bid complying 100% with the terms

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IIG Extends Scholarships to 10 Students at NJA

Mumbai: International Institute of Gemology (IIG) sponsored Student of the year awards to 10 winners with the scholarship amount 10 lacs (one lac each) in the 9th Edition of National Jewellery Awards (NJA 2019), one of country’s most prestigious award that honors the work of designers and manufacturers in various categories such as Best Jewellery Designs, Best Diamond & Precious

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IIJS Signature Promotes India’s Traditional Skills

Mumbai: The Crafts Pavilion, promoted by the Gem & Jewellery Skill Council of India (GJSCI) at IIJS Signature 2020, had turned the spotlight on three of the country’s spectacular traditional jewellery making crafts, with the aim of helping to revive, modernise and eventually market these localised art forms. A visit to the comparatively simply decorated stall at the show revealed

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Leaders Felicitated with National Jewellery Awards

Mumbai: It was a night to remember as the stars of the gem & jewellery sector walked away with their trophies even as Bollywood stars cheered them on for their achievements! 35 awards in 8 categories were given away at the 9th edition of the annual National Jewellery Awards (NJA Awards 2019), an initiative by the All India Gem and Jewellery Domestic Council

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