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.

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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.

Read More »

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Israel International Diamond Week from Mar 27, 2023

Ramat Gan: Israel International Diamond Week, to be held from March 27–30, 2023, will feature a much-anticipated tender of polished goods held at the Israel Diamond Exchange’s (IDE) International Tender Center. The tender will be conducted by Diagurus from March 26 – 30, 2023. The tender will include a large amount of white and fancy color polished goods in a

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Estimated ₹30k Cr Orders Booked at IIJS Signature

Mumbai: The recently concluded, IIJS Signature 2023, this year’s first & largest jewellery trade show, has booked orders worth Rs. 30,000 crore, as per the initial estimates by The Gem & Jewellery Export Promotion Council (GJEPC). The 15th edition of IIJS Signature, the biggest-ever and first-ever ‘Green Expo’ saw several brilliantly designed gem & jewellery creations from diverse parts of

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GJEPC Seeks Jewellery Repair Policy from Govt.

Recommends 4% import duty on gold, silver & platinum; allowing sale of rough diamonds in SNZs; Zero duty on Lab Grown Diamond seeds 5 key recommendations in wishlist of GJEPC… Allow Sale of Rough diamonds in Special Notified Zone through Safe Harbour rule Re-Introduce Diamond Imprest Licence Repair Policy for Jewellery to tap $ 5.75 bn opportunity & create jobs

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Plain Gold Jewellery Exports Grow Post India-UAE CEPA

Mumbai: For the period of April–December 2022, the overall gross exports of Cut & Polished diamonds (CPDs) declined 1.24% to ₹132,075.47 crores (fell 7.67% in dollar terms to US$ 16,625.45 million) as compared to ₹133,737.22 crores (US$ 18,006.79 million) for the same period last year. The Ukraine-Russia conflict has started to affect the Cut & Polished Diamond exports that has

Read More »

Israel International Diamond Week from Mar 27, 2023

Ramat Gan: Israel International Diamond Week, to be held from March 27–30, 2023, will feature a much-anticipated tender of polished goods held at the Israel Diamond Exchange’s (IDE) International Tender Center. The tender will be conducted by Diagurus from March 26 – 30, 2023. The tender will include a large amount of white and fancy color polished goods in a

Read More »

Estimated ₹30k Cr Orders Booked at IIJS Signature

Mumbai: The recently concluded, IIJS Signature 2023, this year’s first & largest jewellery trade show, has booked orders worth Rs. 30,000 crore, as per the initial estimates by The Gem & Jewellery Export Promotion Council (GJEPC). The 15th edition of IIJS Signature, the biggest-ever and first-ever ‘Green Expo’ saw several brilliantly designed gem & jewellery creations from diverse parts of

Read More »

GJEPC Seeks Jewellery Repair Policy from Govt.

Recommends 4% import duty on gold, silver & platinum; allowing sale of rough diamonds in SNZs; Zero duty on Lab Grown Diamond seeds 5 key recommendations in wishlist of GJEPC… Allow Sale of Rough diamonds in Special Notified Zone through Safe Harbour rule Re-Introduce Diamond Imprest Licence Repair Policy for Jewellery to tap $ 5.75 bn opportunity & create jobs

Read More »

Plain Gold Jewellery Exports Grow Post India-UAE CEPA

Mumbai: For the period of April–December 2022, the overall gross exports of Cut & Polished diamonds (CPDs) declined 1.24% to ₹132,075.47 crores (fell 7.67% in dollar terms to US$ 16,625.45 million) as compared to ₹133,737.22 crores (US$ 18,006.79 million) for the same period last year. The Ukraine-Russia conflict has started to affect the Cut & Polished Diamond exports that has

Read More »

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