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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VOD Becomes Strategic Hub for Global Jewellery

Dubai: April 14 – 17, 2016, saw the second edition of the international gold and jewellery trade show, organized by DV Global Link, a joint venture between Fiera di Vicenza and the Dubai World Trade Centre. The second edition of VICENZAORO Dubai has confirmed the event’s role as a new strategic platform for global jewellery. Organized in Dubai between 14

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Luvenus Jewellery is 'Authorised Diamond Dealer'

Singapore: Luvenus Jewellery Pte Ltd., a diamond and gold jewellery retailer has become Singapore’s first retail jeweller to join the WDM Authorised Diamond Dealer (ADD) programme, the World Diamond Mark Foundation announced in a statement last week. Describing the Singapore jewellery market as a micro-cosmos with a unique consumer profile of people from all over the world – locals, expats

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Speakers for 37th World Diamond Congress

Antwerp: With little more than a month to go to the 37th World Diamond Congress, the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), the WFDB is putting the final touches to the programme and has announced the speakers list for the meeting. The overarching theme of the Congress, which will

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Dominion Diamond Announces New Chairman

Toronto: Dominion Diamond Corp said that Robert Gannicott has retired as Chairman, with Jim Gowans appointed as non-executive Chairman of the Board of Directors with immediate effect. Gannicott will remain as a director of the company. Gowans was appointed to the Board of Directors on January 13. He has extensive operational experience in many aspects of the mining industry, including

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Limited-Edition Gold and Diamond Ingots for Sale

Toronto: Ouroboro Diamonds of Rare Color has announced the release of the “Oro,” a limited-edition gold and diamond ingot. The “Oro” is made from one troy ounce of 24-karat (99.99% or .9999) pure yellow gold. Each ingot has a round, brilliant-cut, D-color, Internally Flawless diamond of at least 0.25 carats – certified by the GIA – embedded at its center.

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Zimbabwe Eyes More Antwerp Diamond Auctions

Harare: Zimbabwe is set to conduct diamond auctions in Antwerp, Belgium, before it convenes its own domestic exchange in November this year. The Herald newspaper quoted mines and mining development minister Walter Chidhakwa as saying that Harare was looking at one or two auctions in Antwerp   between now and November. He also said that the planned local auction would coincide

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India's Silver Demand Down by 75%

Mumbai: The demand for Silver in India has fallen rapidly since the start of the current fiscal year, said Indian Bullion and Jewellers Association (IBJA) in its latest report. The association cites scarce monsoon and buoyant stock markets as the key factors that led to the sudden drop in demand for Silver in the country, reports metal.com. The country’s silver

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Grib Diamonds NV to Auction First Production in Antwerp

Antwerp: Grib Diamonds NV, a 100% owned subsidiary of OAO LUKOIL, announced that on September 23, 2014, it will hold a first auction of rough diamonds from the diamond mine named after V. Grib in Arkhangelsk region (Russian Federation), according to a press release issued by the Company. Grib Diamonds will hold diamond viewings from September 15, 2014, in Antwerp,

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