International News
CIBJO’s Blue List set for early 2026 release
The World Jewellery Confederation (CIBJO) is preparing to launch its Blue List, a definitive glossary designed for the responsible jewellery supply chain, in Q1 2026. Announced at last week’s CIBJO Congress in Paris, the project—initiated in 2019—has encountered modest delays following a four-month public consultation and COVID-related interruptions.
The Blue List seeks to unify industry language, providing transparent, evidence-based terminology to boost consumer confidence. Originally scheduled for release at the October Congress, the first edition will serve as an evolving reference, regularly updated to reflect regulatory shifts. Dr Gaetano Cavalieri, CIBJO president, highlighted the exhaustive work undertaken by members to ensure accuracy and clarity, emphasizing its role in fostering industry-wide trust and credibility.
“With demand for transparency rising, confusion over definitions persists—even among professionals,” Dr Gaetano Cavalieri said. “The Blue List establishes common ground through universally agreed terminology and substantiation guidance—reinforcing trust inside the sector and with the wider public.”
Last week’s panel discussion featured industry leaders reviewing the Blue List’s forthcoming impact.
International News
Hopes for New Government data lifts precious metals prices AUGMONT BULLION REPORT
- Gold and Silver continued to rise, reaching a close to three-week high, supported by indications that the U.S. government shutdown was coming to an end and rising anticipation of another December interest rate cut by the U.S. Federal Reserve.
- Late on Monday, the U.S. Senate ended the longest shutdown with a compromise that would return federal funds to the United States. It would include three full-year appropriations measures and would finance the government until January 30 if the Senate passes the bill. It would then need to be approved by the House of Representatives and sent to President Donald Trump, a process that might take several days.
- Amid concerns about the economic consequences of the longest-ever U.S. government shutdown, consumer sentiment in the United States declined to a 3-1/2-year low in early November.
Technical Triggers
- Gold prices have achieved the target of $4150 (~Rs 125,000). Prices are expected to consolidate here for a while, before moving higher.
- Silver prices have achieved the target of $50.80 (~Rs 155,000). Prices are expected to consolidate here for a while, before moving higher.
Support and Resistance
| Category | Support Level | Resistance Level |
|---|---|---|
| International Gold | $4000/oz | $4200/oz |
| Indian Gold | ₹122,000/10 gm | ₹126,000/10 gm |
| International Silver | $48/oz | $51/oz |
| Indian Silver | ₹149,000/kg | ₹156,000/kg |
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