We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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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
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CIBJO Releases Special Report
Milan: With fewer than seven weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the third of the CIBJO commissions’ Special Reports has been released. Prepared by Udi Sheintal, President of the organisation’s Diamond Commission, the report focuses on the terminology used both within the industry and in the consumer markets
IIDGR Strikes 4 Grading Partnerships in Asia
London: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, has established four new diamond grading partnerships with leading diamond jewellery retailers in Thailand, Vietnam and China. The partnerships, with Aurora Diamond in Thailand, DOJI Group in Vietnam and Chow Tai Seng and CHJ in China, reflect the rapidly growing demand from Asian jewellers for
KGK is ‘Manufacturer of The Year-Jewellery’
Hong Kong: KGK Group was announced as JNA Award 2017 recipient in the sixth annual JNA Awards for the category ‘Manufacturer of the Year-Jewellery’. Mr. Navrattan Kothari, Patriarch, KGK Group and Mr. Sanjay Kothari, Vice Chairman, KGK Group received the coveted award at the gala event held at the InterContinental, Hong Kong. This year, close to 100 highly qualified entries
WGC Welcomes 'Resolute' as a Member
Mumbai: World Gold Council (WGC), the market development organisation for the gold industry, welcomes Resolute Mining Limited (“Resolute”) to its Board of Members. Resolute is one of the fastest growing producers listed on the Australian Securities Exchange and has continuously been mining and producing gold for 25 years. Resolute is an experienced and active explorer, developer, operator and innovator, with
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
