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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
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
Top News
‘Brides by Evara’: New Web Series from Platinum
New Delhi: Platinum Guild International India (PGI) brings to you a new web series titled “Brides by Evara” featuring 3chosen brides who got an exclusive chance to be styled by one of the best celebrity stylists in the country, Sanjana Batra. Developed and conceptualised by Dentsu Webchutney, the web series features 3 brides chosen by Sanjana Batra through a social media contest. The campaign
GIA India Shares Knowledge on Diamonds in Anand
Anand: GIA India organised the seminar “Diamonds – Are They Forever?” to help customers of Shree Radhey Diamond in Anand, Gujarat, build knowledge and consumer confidence. More than 50 diamond connoisseurs and buyers of diamond jewellery attended the seminar on Aug. 29, 2018. GIA representative shared insights on the famous 4Cs of diamond quality – Color, Clarity, Cut and Carat Weight – and
Blake Lively Wears Platinum Jewelry for Music Awards
Mumbai: Blake Lively accented her white outfit with over $2.5 million dollars in platinum and white diamond jewelry from Lorraine Schwartz to the 2018 MTV Video Music Awards in New York City on August 20th. Ring with double marquise cut diamonds, set in platinum (8 carats total) Ring with a princess cut diamond set upside down and bezel set diamonds,
Jennifer Lopez Wears Platinum Jewelry for Awards
New York: Jennifer Lopez, recipient of the Michael Jackson Video Vanguard Award, selected PLATINUM jewelry from Tiffany & Co. for the red carpet at the 2018 MTV Video Music Awards in New York City on August 20th. Earrings with fancy gray and white diamonds, set in platinum from the 2018 Blue Book Collection 4 bracelets with diamonds, set in platinum (total value $595,000)
Qatar Diamond Exchange Signs Strategic MoUs
The Qatar Diamond Exchange (QDE) has signed Memoranda of Understanding (MoUs) with the Diamond Exchange of Singapore, the Shanghai Diamond Exchange and the Tokyo Diamond Exchange during the 41st World Diamond Congress in Singapore. The agreements reflect QDE’s strategic focus on developing closer relationships with established diamond markets across Asia and creating new opportunities for trade and cooperation between Qatar
IDMA Mourns Passing of Vasant Mehta
Antwerp: The board and members of the International Diamond Manufacturers Association (IDMA) deeply mourn the passing of one of the global diamond industry’s and trade’s leaders and mentors, Mr. Vasant Mehta, who passed away earlier this week at the age of 81. Vasant served as IDMA’s Vice President from 1998-2000 and then from 2002-2008, on behalf of the Gem &
Shaping the Roadmap for India’s $100 Bln. G&J Future
Mumbai: Department of Commerce, in association with the Gem & Jewellery Export Promotion Council (GJEPC), yesterday convened the ‘Chintan Shivir – 2040 Roadmap for Gems & Jewellery’, a high-level dialogue aimed at developing a comprehensive strategy to help India achieve its ambition of USD 100 billion in gems and jewellery (G&J) exports by 2040. The roadmap envisages an increase in
India’s Largest Platinum Experience Zone at Kalamandir Jewellers, Vadodara
Vadodara: Kalamandir Jewellers has unveiled India’s largest Platinum Experience Zone at its new flagship store in Vadodara, creating a dedicated destination for consumers to explore platinum jewellery across designs, occasions andprice points. The launch strengthens the visibility of platinum jewellery in Gujarat and complements Platinum Guild International’s (PGI) ongoing efforts to build awareness and appreciation for the metal through consumer education, design innovation
