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
8 Diamond Companies Partner with NDC
Mumbai: The Natural Diamond Council (NDC) has announced a major partnership with eight of the world’s most influential diamantaires. For the first time since the inception of the NDC (formerly the Diamond Producers Association), a collective agreement has been reached with a significant number of major businesses in the natural diamond value chain. This strategic alliance between the NDC and
KP Plenary Session Ends with a Positive Note
Victoria Falls: The 2023 Intersessional Meeting of the Kimberley Process concluded yesterday in Victoria Falls, Zimbabwe. Addressing the Closing Session of the gathering, World Diamond Council President Feriel Zerouki was positive about headway having been made during the four-day event. “Decisions of the Kimberley Process are taken at Plenary Meetings, and so the goal of the Intersessional is to record
Sir Gabriel ‘Gabi’ Tolkowsky Passes Away
Antwerp: Sir Gabriel “Gabi” Tolkowsky, one of the world’s most revered diamond cutters, has died at 84, friends and family wrote on social media on Monday. Born in Tel Aviv in 1939, Tolkowsky was from a family steeped in the diamond industry. He learned the trade from father, Jean, who had a diamond-polishing factory in Israel — an education that
Sabyasachi Ray Appointed Member of PMAC
New Delhi: The Indian Government has announced the establishment of an independent Precious Metals Advisory Committee (PMAC) at the International Financial Services Centre Authority (IFSCA) to enhance the development of the precious metals’ ecosystem in the Gujarat International Finance Tec-City (GIFT-IFSC) and India’s overall gold economy. The PMAC will play a pivotal role in providing insights and recommendations on various
8 Diamond Companies Partner with NDC
Mumbai: The Natural Diamond Council (NDC) has announced a major partnership with eight of the world’s most influential diamantaires. For the first time since the inception of the NDC (formerly the Diamond Producers Association), a collective agreement has been reached with a significant number of major businesses in the natural diamond value chain. This strategic alliance between the NDC and
KP Plenary Session Ends with a Positive Note
Victoria Falls: The 2023 Intersessional Meeting of the Kimberley Process concluded yesterday in Victoria Falls, Zimbabwe. Addressing the Closing Session of the gathering, World Diamond Council President Feriel Zerouki was positive about headway having been made during the four-day event. “Decisions of the Kimberley Process are taken at Plenary Meetings, and so the goal of the Intersessional is to record
Sir Gabriel ‘Gabi’ Tolkowsky Passes Away
Antwerp: Sir Gabriel “Gabi” Tolkowsky, one of the world’s most revered diamond cutters, has died at 84, friends and family wrote on social media on Monday. Born in Tel Aviv in 1939, Tolkowsky was from a family steeped in the diamond industry. He learned the trade from father, Jean, who had a diamond-polishing factory in Israel — an education that
Sabyasachi Ray Appointed Member of PMAC
New Delhi: The Indian Government has announced the establishment of an independent Precious Metals Advisory Committee (PMAC) at the International Financial Services Centre Authority (IFSCA) to enhance the development of the precious metals’ ecosystem in the Gujarat International Finance Tec-City (GIFT-IFSC) and India’s overall gold economy. The PMAC will play a pivotal role in providing insights and recommendations on various
