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 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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Forevermark Diamond Jewellery Enters Pune with Its First Boutique 

Pune: Forevermark Diamond Jewellery from De Beers Group has entered Pune with the opening of its first boutique at Phoenix Avenue of Stars. Inaugurated by filmstar Amruta Khanvilkar, the new boutique brings Forevermark Diamond Jewellery’s world of natural diamonds, distinctive design and craftsmanship to the city’s evolving fine jewellery landscape.  With a discerning and increasingly design-conscious consumer base, Pune represents

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beYon Opened its First Exclusive Store in Bengaluru

Bengaluru: beYon from the House of Titan has opened its first exclusive store in Bengaluru, located in the vibrant neighborhood of Whitefield. Marking the brand’s seventh store nationwide, the launch serves as a special homecoming, bringing beYon’s contemporary approach to laboratory-grown diamonds directly to Titan’s home city. With consumers increasingly embracing laboratory-grown diamonds, the area’s emergence as a vibrant cosmopolitan

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Exceptional Platinum Jewelry Designs Win AGTA Spectrum Awards Competition

Mumbai: Platinum Guild International (PGI), in partnership with the American Gem Trade Association (AGTA), has announced the Platinum Honors winners of the 2026 AGTA Spectrum Awards. More than 60 platinum jewelry entries were submitted to the Platinum Honors category, which recognizes outstanding uses of platinum in colored gemstone and natural or cultured pearl jewelry across multiple categories, from Evening Wear

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Mbada Diamonds Cuts Salaries, 4 Executives Resign

Harare: Workers at Zimbabwe’s leading diamond producer, Mbada Diamonds, staged a sit-in last week after its management slashed their salaries by 50 percent, claiming there had been a massive decline in production. The decision to reduce salaries also resulted in four senior managers tendering their resignations in protest. Workers told New Zimbabwe that they were also not happy with management’s

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Tanzanite Foundation Shutting Down

New York: The New York City–based Tanzanite Foundation will cease operations on Aug. 31. Tanzanite Foundation executive director Hayley Henning confirmed to JCK this week that the 11-year-old promotional agency for tanzanite will close at the end of August. Formed by miner TanzaniteOne, the nonprofit foundation has served all ethical and socially responsible operators and partners in the tanzanite industry,

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New York Orders Comprehensive Ivory Ban

New York: New York’s Governor Andrew Cuomo signed legislation yesterday that amends the state’s environmental law to ban elephant ivory, mammoth ivory and rhino horn sales in New York. This state legislation enhances federal efforts to tighten the ivory trade ban on a federal level. Under the law, this permanent ban on the sales of these products has only a

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Gemfields Reports Auction Revenues of $15.5 Million

Lusaka: Gemfields plc reported auction revenues of $15.5 million, the second highest achieved at any lower quality auction, of its auction of mostly lower quality rough emerald and beryl held in Lusaka, Zambia, from August 5 to 8. Excluding the sale of 1.5 tonnes of low grade beryl, the average realized price was $3.61 per carat, a new record for

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