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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GJEPC Activates Indian Embassies in 70+ Countries to Promote IGJS Jaipur 2027

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has mobilized India’s diplomatic network across more than 70 countries to promote the International Gem & Jewellery Show (IGJS) Jaipur 2027 and attract international buyers. The Council’s outreach has received an encouraging response, with over 20 Indian embassies and diplomatic missions publishing information about the show on their official websites. These

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India’s G&J Exports Surge 34.01% to in Oct. 2026

Mumbai: India’s gem and jewellery (G&J) exports registered a robust growth of 34.01% in US dollar terms and 44.71% in rupee terms in October 2026, reaching US$ 2.92 billion (Rs. 27,862.82 crore), compared to US$ 2.18 billion (Rs. 19,253.60 crore) in October 2025. The strong October performance reflects the industry’s continued export momentum and its efforts to meet international buyer

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GJEPC Reaffirms India’s Commitment to Natural Diamond Promotion at Luanda Accord

Luanda: The Gem & Jewellery Export Promotion Council (GJEPC) highlighted India’s commitment to the global promotion of natural diamonds at the Luanda Accord 3.0 Ministerial Meeting, held in Luanda, Angola, on 5 November 2026, following close on the heels of the African Diamond Producers Association’s (ADPA) 20th anniversary celebrations. The meeting brought together stakeholders of the international diamond industry to

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India Holds KP Consultation in Luanda

New Delhi: India, as Chair of the Kimberley Process (KP) for 2026, participated in the 20th anniversary celebrations of the African Diamond Producers’ Association (ADPA@20) in Luanda, Angola, on 3–4 November 2026. On the sidelines of the celebrations, India, represented by Mr. Yashvir Singh, Additional Secretary, Department of Commerce, and KP Chair, convened a KP stakeholder consultation on 3 November

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India May Re-impose Gold Curbs

New Delhi: The government would look at reimposing curbs on gold imports after Diwali as there has been a five-fold jump in inward shipments of the precious metal, which has pushed the trade deficit to an 18-month high, reports Business Today. “Let the festival season be over. I will have a look at it. I don’t want to spoil the

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GSI Opens Laboratory in Surat

Mumbai: Gemological Science International (GSI) a full-service, high-tech lab designed specifically to meet the rapidly changing needs of the jewelry industry, has announced the launch of its state-of-the-art laboratory facility at Surat. As a result of growing business and more demand for GSI certification, GSI decided to expand its services by adding another laboratory in Diamond World complex of Surat

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GJEPC Urges Govt. to Grant License to ABN Amro

Mumbai: The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Central government that the Reserve Bank of India (RBI) to grant banking license to the Netherlands-based ABN Amro Bank NV, the world’s largest lender to diamond industry, so it could open up its branches in the country. The request comes following concerns over depleting finance in the Indian

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WFDB Concludes EXCO Meeting

Antwerp: The World Federation of Diamond Bourses (WFDB) EXCO has ended a three day program of discussions and meetings that included an extensive strategy session to analyze, discuss and decide on its future mission across the growing, global diamond trade. The strategy session debated and agreed on themes that connect the WFDB and the international diamond trade’s past and present

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