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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India May Restore Tax Benefits to Mfg SEZs

New Delhi: The Indian Government is examining the possibility of restoring tax benefits for a handful of manufacturing special economic zones, while continuing to tax the rest to minimize revenue losses, reports BusinessLine. “As exports from manufacturing SEZs, excluding gems & jewellery and petroleum, account for just 10 per cent of total SEZ exports, exempting them from taxes would not

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PDE and IBGM Sign MOU

Panama: Brazil’s leading jewelry industry association, Instituto Brasileiro de Gemas e Metais Preciosos (IBGM), will be taking up residence in the Phase 1 building of the Panama Gem & Jewelry Center when it opens later this year. The announcement follows the signing of a Memorandum of Understanding between the Panama Diamond Exchange and IBGM in Sao Paulo during the Feninjer

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New Gold Discovered in China

Beijing: Geologists have discovered a massive gold mine in China’s restive Xinjiang province, according to state news agency Xinhua. The new find, close to the border with Kyrgyzstan, has proven gold reserves of 127 tonnes, Xinhua said. If the estimates are correct, the reserves could be worth around 40 billion yuan ($6.5bn). The Xinjiang Geology and Mineral Exploration Bureau spent

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Zimbabwe Can’t Wait For Annual Dividends

Harare: Zimbabwe will now collect its share of diamond revenue at the point of sale rather than wait for its Marange partners to remit dividends annually. Harare could have been prejudiced of millions of dollars from previous sales, The Herald newspaper reports. The government’s mining arm, Zimbabwe Mining Development Corporation (ZMDC) holds a 50 percent stake in firms mining gems

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