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Ceasefire Relief Fuels Recovery from Correction Lows
Metal This Week Last Week Change Gold (MCX) ₹1,52,652 / 10g ₹1,49,680 / 10g +₹2,972 (+2.0%) Silver (MCX) ₹2,43,274 / kg ₹2,32,495 / kg +₹10,779 (+4.6%) Macro Snapshot: Mumbai: Global precious metals got a meaningful tailwind mid-week after the US and Iran announced a two-week ceasefire on April 8, which pulled oil below $100 per barrel and softened the dollar. However, the Islamabad talks over the weekend failed to produce further progress, leaving the ceasefire fragile and the Strait of
Ceasefire Relief Fuels Recovery from Correction Lows
Metal This Week Last Week Change Gold (MCX) ₹1,52,652 / 10g ₹1,49,680 / 10g +₹2,972 (+2.0%) Silver (MCX) ₹2,43,274 / kg ₹2,32,495 / kg +₹10,779 (+4.6%) Macro Snapshot: Mumbai: Global precious metals got a meaningful tailwind mid-week after the US and Iran announced a two-week ceasefire on April 8, which pulled oil below $100 per barrel and softened the dollar. However, the Islamabad talks over the weekend failed to produce further progress, leaving the ceasefire fragile and the Strait of
Top News
eBay Launches Live Auctions
New York: Online marketplace eBay has launched its live auctions in a move that it says opens the doors of traditional brick-and-mortar auction houses to online shoppers around the world. Among the first sales planned is an Important Jewelry auction, which will be hosted by Doyle New York. The sale, which will take place on October 21, comprises 439 lots.
IDE to Advance "Natural is Real" During IDW
Ramat Gan: The Israel Diamond Exchange (IDE) will be advancing its “Natural Is real” campaign during the Israel Diamond Week in New York to be held next month at the Diamond Dealers Club of New York (DDC). The campaign, which was launched during last year’s Israel Diamond Week in New York, stresses the Israeli diamond industry and trade’s commitment to
UK-Ireland Jewellery Industry Unite Over Ethics
London: Industry leaders from the major trade associations and buying groups in the UK and Ireland have come together to take a lead on issues of ethics and corporate social responsibility in the jewellery industry by backing the work of the Jewellery Ethics Committee UK (JEC-UK). At a designer-maker evening event organized by JEC-UK at the Goldsmiths’ Centre on Thursday
India Needs More World-Class Gold Refineries
Mumbai: At the two-day seminar organized by the India Bullion and Jewellers Association (IBJA), experts were of the opinion that Indian household, which has total holding of around 25,000 tonnes of gold, needs more gold refineries for monetizing and attracting foreign direct investment (FDI) in the sector. India continues to be a major consumer of gold, importing on average 600
eBay Launches Live Auctions
New York: Online marketplace eBay has launched its live auctions in a move that it says opens the doors of traditional brick-and-mortar auction houses to online shoppers around the world. Among the first sales planned is an Important Jewelry auction, which will be hosted by Doyle New York. The sale, which will take place on October 21, comprises 439 lots.
IDE to Advance "Natural is Real" During IDW
Ramat Gan: The Israel Diamond Exchange (IDE) will be advancing its “Natural Is real” campaign during the Israel Diamond Week in New York to be held next month at the Diamond Dealers Club of New York (DDC). The campaign, which was launched during last year’s Israel Diamond Week in New York, stresses the Israeli diamond industry and trade’s commitment to
UK-Ireland Jewellery Industry Unite Over Ethics
London: Industry leaders from the major trade associations and buying groups in the UK and Ireland have come together to take a lead on issues of ethics and corporate social responsibility in the jewellery industry by backing the work of the Jewellery Ethics Committee UK (JEC-UK). At a designer-maker evening event organized by JEC-UK at the Goldsmiths’ Centre on Thursday
India Needs More World-Class Gold Refineries
Mumbai: At the two-day seminar organized by the India Bullion and Jewellers Association (IBJA), experts were of the opinion that Indian household, which has total holding of around 25,000 tonnes of gold, needs more gold refineries for monetizing and attracting foreign direct investment (FDI) in the sector. India continues to be a major consumer of gold, importing on average 600
