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Platinum is Set to Become the Metal of Choice: Sujala Martis
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The 200-Day Test: Where the Bull Case for Gold and Silver Goes on Trial
Macro Snapshot: The week ending June 26 extended the precious metals selloff to a fifth consecutive week and pushed both gold and silver into the most important long-term technical zone of the broader uptrend: the 200-day exponential moving average. Three macro forces drove the decline, and they did so simultaneously. First, the US-Iran 60-day peace roadmap, formally signed in Switzerland on June 17, continued to remove the geopolitical risk premium that had supported the metals since the February conflict began.
The 200-Day Test: Where the Bull Case for Gold and Silver Goes on Trial
Macro Snapshot: The week ending June 26 extended the precious metals selloff to a fifth consecutive week and pushed both gold and silver into the most important long-term technical zone of the broader uptrend: the 200-day exponential moving average. Three macro forces drove the decline, and they did so simultaneously. First, the US-Iran 60-day peace roadmap, formally signed in Switzerland on June 17, continued to remove the geopolitical risk premium that had supported the metals since the February conflict began.
Top News
India's Platinum Demand Rose 25% in 2014
Mumbai: India is emerging as one of the key platinum markets of the world. According to World Platinum Investment Council (WPIC), the country accounted for 38% of the global platinum demand in 2014. The platinum jewellery and industrial use demand increased significantly during the year. The rising demand trend is expected to continue in 2015, WPIC stated. As per statistics,
Forevermark Hosts Fourth Partner Forum
Orlando: Forevermark’s CEO, Stephen Lussier, and Forevermark U.S.’s president, Charles Stanley, addressed a Forevermark partner audience of over 400 people on the challenges facing the diamond industry at the fourth annual Forevermark Forum in Orlando, Florida. Invited speaker Peter Sheahan noted, “The fact that the world of retail diamond sales is changing is not new to anyone. Whether you be
IBJA May Receive ‘Gold Council’ Status
Mumbai: The India Bullion and Jewellers Association (IBJA) may receive ‘Gold Council’ status, with the Prime Minister’s Office sending a representation to this effect to the Ministry of Trade and Commerce. The Gold Council status will make IBJA an apex body and enable it to represent the industry with the Government on policy issues. Suresh Jain, past president, IBJA, said
WFDB Exco Meeting and Asia Summit Ended
Shanghai: The World Federation of Diamond Bourses (WFDB) Executive Committee (Exco) Meeting and Asia-Pacific Presidents’ Summit held in Shanghai on March 9 and 10 have ended after two days of intensive discussions on a range of crucial issues affecting the global diamond industry. Regional WFDB presidents, along with WFDB President Ernie Blom, were hosted by the Shanghai Diamond Exchange. Among
India's Platinum Demand Rose 25% in 2014
Mumbai: India is emerging as one of the key platinum markets of the world. According to World Platinum Investment Council (WPIC), the country accounted for 38% of the global platinum demand in 2014. The platinum jewellery and industrial use demand increased significantly during the year. The rising demand trend is expected to continue in 2015, WPIC stated. As per statistics,
Forevermark Hosts Fourth Partner Forum
Orlando: Forevermark’s CEO, Stephen Lussier, and Forevermark U.S.’s president, Charles Stanley, addressed a Forevermark partner audience of over 400 people on the challenges facing the diamond industry at the fourth annual Forevermark Forum in Orlando, Florida. Invited speaker Peter Sheahan noted, “The fact that the world of retail diamond sales is changing is not new to anyone. Whether you be
IBJA May Receive ‘Gold Council’ Status
Mumbai: The India Bullion and Jewellers Association (IBJA) may receive ‘Gold Council’ status, with the Prime Minister’s Office sending a representation to this effect to the Ministry of Trade and Commerce. The Gold Council status will make IBJA an apex body and enable it to represent the industry with the Government on policy issues. Suresh Jain, past president, IBJA, said
WFDB Exco Meeting and Asia Summit Ended
Shanghai: The World Federation of Diamond Bourses (WFDB) Executive Committee (Exco) Meeting and Asia-Pacific Presidents’ Summit held in Shanghai on March 9 and 10 have ended after two days of intensive discussions on a range of crucial issues affecting the global diamond industry. Regional WFDB presidents, along with WFDB President Ernie Blom, were hosted by the Shanghai Diamond Exchange. Among
