Global Gold City Project Announced
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Brent Touched $100, the 10-Year Hit a Seven-Month High, and Both Metals Still Gained
Macro Snapshot: The week ending July 24 was one of the most volatile macro weeks of 2026, and the most significant feature was not what moved, but what did not. Oil spiked, yields surged to their highest since January 2025, and the conflict between the US and Iran escalated to its most intense phase since the February strikes. Gold and silver gained on the week. That resilience at the bottom of a multi-week correction, against headwinds that should have pushed
Brent Touched $100, the 10-Year Hit a Seven-Month High, and Both Metals Still Gained
Macro Snapshot: The week ending July 24 was one of the most volatile macro weeks of 2026, and the most significant feature was not what moved, but what did not. Oil spiked, yields surged to their highest since January 2025, and the conflict between the US and Iran escalated to its most intense phase since the February strikes. Gold and silver gained on the week. That resilience at the bottom of a multi-week correction, against headwinds that should have pushed
Top News
Belgium Charges HSBC with Fraud
Antwerp: Belgian prosecutors have charged a subsidiary of British bank HSBC with fraud and money-laundering worth hundreds of millions of euros, mainly for diamond dealers in the industry’s international hub of Antwerp, reports RTE News. Swiss subsidiary HSBC Private Bank (Suisse) is wholly owned by the Asia-focused banking giant. It allegedly helped hundreds of clients cheat the Belgian state, a
Zimbabwe’s Diamond Exchange Gets Backing
Harare: Government’s plans to set up a diamond exchange have received a major boost following commitment by world gem organizations to support the initiative. World Federation of Diamond Bourses president Ernie Blom said the world body is ready to ensure that Zimbabwe’s objective becomes a reality. “I know that the Government of Zimbabwe has been considering setting up a diamond
GJPEC in Jewellery Arabia with 64 Companies
Mumbai: The Gem and Jewellery Export Promotion council (GJEPC) is participating in the forthcoming 23rd Jewellery Arabia exhibition in Bahrain at the Bahrain International Convention & Exhibition Centre from November 18 to 22, 2014 represented by 64 leading names from the Indian Gems & Jewellery industry. The participation has increased over last year and so has the exhibit space by
Glitter of Gold Worries Govt. of India
Mumbai: Alarmed with the substantial surge in imports of gold during last couple of months, the Indian government may be compelled to introduce such measures to regain control over the heavy imports of the yellow metal. India’s October 2014 gold imports have jumped to 148 tons which indicate six-fold rise from less than 25 tons in the same month of
Belgium Charges HSBC with Fraud
Antwerp: Belgian prosecutors have charged a subsidiary of British bank HSBC with fraud and money-laundering worth hundreds of millions of euros, mainly for diamond dealers in the industry’s international hub of Antwerp, reports RTE News. Swiss subsidiary HSBC Private Bank (Suisse) is wholly owned by the Asia-focused banking giant. It allegedly helped hundreds of clients cheat the Belgian state, a
Zimbabwe’s Diamond Exchange Gets Backing
Harare: Government’s plans to set up a diamond exchange have received a major boost following commitment by world gem organizations to support the initiative. World Federation of Diamond Bourses president Ernie Blom said the world body is ready to ensure that Zimbabwe’s objective becomes a reality. “I know that the Government of Zimbabwe has been considering setting up a diamond
GJPEC in Jewellery Arabia with 64 Companies
Mumbai: The Gem and Jewellery Export Promotion council (GJEPC) is participating in the forthcoming 23rd Jewellery Arabia exhibition in Bahrain at the Bahrain International Convention & Exhibition Centre from November 18 to 22, 2014 represented by 64 leading names from the Indian Gems & Jewellery industry. The participation has increased over last year and so has the exhibit space by
Glitter of Gold Worries Govt. of India
Mumbai: Alarmed with the substantial surge in imports of gold during last couple of months, the Indian government may be compelled to introduce such measures to regain control over the heavy imports of the yellow metal. India’s October 2014 gold imports have jumped to 148 tons which indicate six-fold rise from less than 25 tons in the same month of
