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The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,
The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,
Top News
Gem-A Conference in Nov 2015
London: The Gemmological Association of Great Britain (Gem-A) has announced the programme of speakers for its upcoming annual international gemmological Conference 2015 incorporating the Federation of European Education in Gemmology’s (FEEG) International Symposium of Gemmology, taking place from 21–22 November at RIBA Venues, 66 Portland Place, in Marylebone, London. Following the success of its Conference 2014, Gem-A has once again
4th Israel Diamond Week in New York from 19th Oct
Ramat Gan: For the fourth time since the two bourses began cooperating, the Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC) will be holding an Israel Diamond Week in New York. The upcoming edition of the event is scheduled for the week of October 19-22, 2015, and will be held on the trading floor of
DMCC Plans 'Burj2020 District' Concept
Dubai: The Dubai Multi Commodities Centre (DMCC) has unveiled its ‘Burj2020 District’ concept; a mixed-use urban destination that it says will “connect the world of business with the heart of trade to drive Dubai’s next generation of growth.” The new area, which was unveiled at the 2015 Cityscape Global Conference, will comprise of ultramodern towers and will total more than
IDI Readies for Anti-Money Laundering Law
Ramat Gan: Israel Diamond Exchange members will soon be subject to government supervision of cash payment policies as part of new anti-money laundering regulations, state Diamond Controller office Shmuel Mordechai told bourse members on Tuesday, according to the IDE website. The first part of the new policy goes into effect on September 15. By mid-October, IDE members will be subject
Gem-A Conference in Nov 2015
London: The Gemmological Association of Great Britain (Gem-A) has announced the programme of speakers for its upcoming annual international gemmological Conference 2015 incorporating the Federation of European Education in Gemmology’s (FEEG) International Symposium of Gemmology, taking place from 21–22 November at RIBA Venues, 66 Portland Place, in Marylebone, London. Following the success of its Conference 2014, Gem-A has once again
4th Israel Diamond Week in New York from 19th Oct
Ramat Gan: For the fourth time since the two bourses began cooperating, the Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC) will be holding an Israel Diamond Week in New York. The upcoming edition of the event is scheduled for the week of October 19-22, 2015, and will be held on the trading floor of
DMCC Plans 'Burj2020 District' Concept
Dubai: The Dubai Multi Commodities Centre (DMCC) has unveiled its ‘Burj2020 District’ concept; a mixed-use urban destination that it says will “connect the world of business with the heart of trade to drive Dubai’s next generation of growth.” The new area, which was unveiled at the 2015 Cityscape Global Conference, will comprise of ultramodern towers and will total more than
IDI Readies for Anti-Money Laundering Law
Ramat Gan: Israel Diamond Exchange members will soon be subject to government supervision of cash payment policies as part of new anti-money laundering regulations, state Diamond Controller office Shmuel Mordechai told bourse members on Tuesday, according to the IDE website. The first part of the new policy goes into effect on September 15. By mid-October, IDE members will be subject
