Cool Inflation, Hot Oil: Why Gold and Silver Couldn’t Rally

The week ending July 17 extended the correction to a fourth consecutive weekly decline. What made the move notable was not the size of the loss (both metals gave back most or all of the July 3 recovery) but the character of the weekly path. On Tuesday July 14, the US June CPI came in cooler than expected, and the initial reaction was gold-positive. That rally faded within 24 hours, and by Friday both metals were at multi-month lows. The

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Cool Inflation, Hot Oil: Why Gold and Silver Couldn’t Rally

The week ending July 17 extended the correction to a fourth consecutive weekly decline. What made the move notable was not the size of the loss (both metals gave back most or all of the July 3 recovery) but the character of the weekly path. On Tuesday July 14, the US June CPI came in cooler than expected, and the initial reaction was gold-positive. That rally faded within 24 hours, and by Friday both metals were at multi-month lows. The

Read More »

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New Collaboration for KGJF 2024

Kolkata: Informa Markets is excited to announce a significant collaboration with the Calcutta Gem & Jewellery Welfare Association (CG&JWA) for the upcoming Kolkata Jewellery & Gem Fair 2024 (KJGF). This partnership represents a dynamic fusion of global expertise and local industry knowledge, aimed at delivering an exceptional event for the jewellery and gemstone sectors. The Kolkata Jewellery & Gem Fair

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CIBJO Special Report on Precious Metals

Milan: As the countdown to the 2024 CIBJO Congress in Shanghai continues, the third pre-Congress Special Report has been released. Prepared by the CIBJO Precious Metals Commission headed by Vaishali Banerjee, Managing Director of PGI India, the report offers a comprehensive analysis of the gold, platinum, palladium, and silver markets over the past year. The group of precious metals showed

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India’s Imports of Russian Diamonds Increased

New Delhi: India’s imports of Russian diamonds have increased during January-June 2024 by 22% year-on-year to 4.1 million carats, according to the official data of the Indian Ministry of Commerce and Industry. In June, Russian exports amounted to 347,620 carats, which is almost 32% more than in June last year. In six months, most of the supplies, about 77%, accounted

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Gems Keep Giving Relaunches with New Board

New York: Gems Keep Giving (GKG), an International Colored Gemstone (ICA) industry initiative that supports communities in artisanal colored gemstone mining and cutting communities, has recently reorganized, appointing a new board and Chair. Securing its stature as an independent, not-for-profit (501-C3) charitable organization, Gems Keep Giving newly elected Board members are Hayley Henning (Chair), Damien Cody, Clement Sabbagh, Ruth Benjamin-Thomas, Brian

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New Collaboration for KGJF 2024

Kolkata: Informa Markets is excited to announce a significant collaboration with the Calcutta Gem & Jewellery Welfare Association (CG&JWA) for the upcoming Kolkata Jewellery & Gem Fair 2024 (KJGF). This partnership represents a dynamic fusion of global expertise and local industry knowledge, aimed at delivering an exceptional event for the jewellery and gemstone sectors. The Kolkata Jewellery & Gem Fair

Read More »

CIBJO Special Report on Precious Metals

Milan: As the countdown to the 2024 CIBJO Congress in Shanghai continues, the third pre-Congress Special Report has been released. Prepared by the CIBJO Precious Metals Commission headed by Vaishali Banerjee, Managing Director of PGI India, the report offers a comprehensive analysis of the gold, platinum, palladium, and silver markets over the past year. The group of precious metals showed

Read More »

India’s Imports of Russian Diamonds Increased

New Delhi: India’s imports of Russian diamonds have increased during January-June 2024 by 22% year-on-year to 4.1 million carats, according to the official data of the Indian Ministry of Commerce and Industry. In June, Russian exports amounted to 347,620 carats, which is almost 32% more than in June last year. In six months, most of the supplies, about 77%, accounted

Read More »

Gems Keep Giving Relaunches with New Board

New York: Gems Keep Giving (GKG), an International Colored Gemstone (ICA) industry initiative that supports communities in artisanal colored gemstone mining and cutting communities, has recently reorganized, appointing a new board and Chair. Securing its stature as an independent, not-for-profit (501-C3) charitable organization, Gems Keep Giving newly elected Board members are Hayley Henning (Chair), Damien Cody, Clement Sabbagh, Ruth Benjamin-Thomas, Brian

Read More »

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