Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
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
Gahcho Kué and Deninu Kué First Nation Sign IBA
Gaborone: De Beers Canada Inc. (De Beers) and Mountain Province Diamonds have entered into an Impact Benefit Agreement (IBA) with the Deninu Kué First Nation for the proposed Gahcho Kué diamond mine, a joint venture between De Beers (51%) and Mountain Province Diamonds (49%) located 280 km’s northeast of Yellowknife, Northwest Territories. De Beers is the Operator of the Gahcho
India’s Gold Imports Down in December
Mumbai: Despite the government removing restrictions on gold imports late past month, imports of the precious metal have not picked up because of a supply glut, reports Business Standard. Industry sources say hardly 15 tonne of gold has been imported in December so far on consignment basis. For two weeks after government lifted the 80:20 scheme, there were absolutely no
Prakash Mehta New President of IDCA
New York: The Indian Diamond & Color stone Association Inc. (IDCA) announced results of its elections for the board of directors and the group unanimously elected a new executive committee for the year 2015. Prakash Mehta of Interings Inc. was elected as IDCA’s president, while Ashok Sancheti of Pioneer Gems was reelected as vice president; Nilesh Sheth of Nice Diamonds
New Diamond Manufacturing Plant in Israel
Ramat Gan: A unique diamond manufacturing facility will be inaugurated during the International Diamond Week, February 8-12, 2015. A joint initiative of the Israel Diamond Exchange (IDE), the Israel Diamond Manufacturers Association (IsDMA) and the Israel Diamond Institute (IDI), the plant provides independent diamond manufacturers with ultra-modern diamond manufacturing facilities and also serves to train a new generation of diamond
Gahcho Kué and Deninu Kué First Nation Sign IBA
Gaborone: De Beers Canada Inc. (De Beers) and Mountain Province Diamonds have entered into an Impact Benefit Agreement (IBA) with the Deninu Kué First Nation for the proposed Gahcho Kué diamond mine, a joint venture between De Beers (51%) and Mountain Province Diamonds (49%) located 280 km’s northeast of Yellowknife, Northwest Territories. De Beers is the Operator of the Gahcho
India’s Gold Imports Down in December
Mumbai: Despite the government removing restrictions on gold imports late past month, imports of the precious metal have not picked up because of a supply glut, reports Business Standard. Industry sources say hardly 15 tonne of gold has been imported in December so far on consignment basis. For two weeks after government lifted the 80:20 scheme, there were absolutely no
Prakash Mehta New President of IDCA
New York: The Indian Diamond & Color stone Association Inc. (IDCA) announced results of its elections for the board of directors and the group unanimously elected a new executive committee for the year 2015. Prakash Mehta of Interings Inc. was elected as IDCA’s president, while Ashok Sancheti of Pioneer Gems was reelected as vice president; Nilesh Sheth of Nice Diamonds
New Diamond Manufacturing Plant in Israel
Ramat Gan: A unique diamond manufacturing facility will be inaugurated during the International Diamond Week, February 8-12, 2015. A joint initiative of the Israel Diamond Exchange (IDE), the Israel Diamond Manufacturers Association (IsDMA) and the Israel Diamond Institute (IDI), the plant provides independent diamond manufacturers with ultra-modern diamond manufacturing facilities and also serves to train a new generation of diamond
