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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
Ari Epstein Resignes as CEO of AWDC
Antwerp: Ari Epstein has resigned as CEO of the Antwerp World Diamond Centre (AWDC) after 13 years in the position, the trade body announced Thursday. AWDC declined to comment on why he’s stepping down or when it would appoint a successor. “This marks the end of an era of visionary leadership and significant contributions to not only our company but
Gargi by PNGS Spreads Nationwide
Pune: Gargi by P N Gadgil & Sons (PNGS), a distinguished name in the fashion jewellery realm, strategically launched Gargi Shop-in-Shop (S-I-S) at Shoppers Stop in three key locations across India in just a week. This strategic expansion marks Gargi’s entry into Chennai (Tamil Nadu), Shillong (Meghalaya), and Kanpur (Uttar Pradesh), further solidifying its footprint in the Indian fashion landscape.
BDB Hosts Lunch Meeting with Geoffrey Boycott
Mumbai: The Bharat Diamond Bourse (BDB) hosted an exclusive luncheon and conversation event featuring two distinguished guests: the legendary cricketer Sir Geoffrey Boycott and Mr. Harjinder Kang, UK Deputy High Commissioner for Western India &Trade Commissioner for South Asia. The event, held on 8th April, brought together esteemed figures from both the cricketing and business worlds to discuss the interplay
“Jewels on the Ramp” Jewellery Fashion Show
Bengaluru: A glamourous night with the dazzling presence of Former Miss World and GJEPC Brand Ambassador Manushi Chhillar, alongside industry stalwarts adorning an exquisite jewelry piece in a white gown, captivated hearts and stole the limelight. From traditional Indian artistry to contemporary brilliance, the stage was ablaze with the beauty and grandeur of Indian gems and jewellery. Luxurious bejeweled showstoppers
Ari Epstein Resignes as CEO of AWDC
Antwerp: Ari Epstein has resigned as CEO of the Antwerp World Diamond Centre (AWDC) after 13 years in the position, the trade body announced Thursday. AWDC declined to comment on why he’s stepping down or when it would appoint a successor. “This marks the end of an era of visionary leadership and significant contributions to not only our company but
Gargi by PNGS Spreads Nationwide
Pune: Gargi by P N Gadgil & Sons (PNGS), a distinguished name in the fashion jewellery realm, strategically launched Gargi Shop-in-Shop (S-I-S) at Shoppers Stop in three key locations across India in just a week. This strategic expansion marks Gargi’s entry into Chennai (Tamil Nadu), Shillong (Meghalaya), and Kanpur (Uttar Pradesh), further solidifying its footprint in the Indian fashion landscape.
BDB Hosts Lunch Meeting with Geoffrey Boycott
Mumbai: The Bharat Diamond Bourse (BDB) hosted an exclusive luncheon and conversation event featuring two distinguished guests: the legendary cricketer Sir Geoffrey Boycott and Mr. Harjinder Kang, UK Deputy High Commissioner for Western India &Trade Commissioner for South Asia. The event, held on 8th April, brought together esteemed figures from both the cricketing and business worlds to discuss the interplay
“Jewels on the Ramp” Jewellery Fashion Show
Bengaluru: A glamourous night with the dazzling presence of Former Miss World and GJEPC Brand Ambassador Manushi Chhillar, alongside industry stalwarts adorning an exquisite jewelry piece in a white gown, captivated hearts and stole the limelight. From traditional Indian artistry to contemporary brilliance, the stage was ablaze with the beauty and grandeur of Indian gems and jewellery. Luxurious bejeweled showstoppers
