The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?

Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,

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The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?

Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,

Read More »

Top News

GIA to Shut down its Antwerp Grading Lab

Antwerp: GIA is to close its Antwerp grading lab, saying it is no longer economically viable. It will stop taking submissions on 1 July and cease trading altogether on 31 July. GIA indicated back in August 2020 that it could close or scale down the Antwerp operation. The Covid pandemic added to its woes, on top of a shift to

Read More »

GemAtlas Launches New GA Demand App

London: GemAtlas.com, a global networking platform for the gems and jewellery industry has today launched a new App, GA Demand App, to cater to the polished diamond requirements of the Indian marketplace. The App will allow users to post specific requirements for certified and non-certified single and parcel stones for both Natural and Lab-Grown Polished Diamonds. To get instant leads

Read More »

Men of Platinum Contest Winners Meet KL Rahul

Mumbai: This cricket season brought to the fore a lot more than sheer talent and performance excellence as is characteristic of the game. It was the display of the finest form of sportsmanship by men who exemplify exceptional values such as courage, perseverance, self – belief and resilience. To mark the season, Men of Platinum had released a film with

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52 Indian Exhibitors to Participate in JCK Las Vegas

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) presents large Indian contingent of 52 Exhibitors at the India Pavilion at JCK Las Vegas to be held from 10th to 13th June 2022. India would be showcasing a wide variety of trendy and innovative jewellery made for new-age consumers especially for the US market. India Pavilion is spread over an

Read More »

GIA to Shut down its Antwerp Grading Lab

Antwerp: GIA is to close its Antwerp grading lab, saying it is no longer economically viable. It will stop taking submissions on 1 July and cease trading altogether on 31 July. GIA indicated back in August 2020 that it could close or scale down the Antwerp operation. The Covid pandemic added to its woes, on top of a shift to

Read More »

GemAtlas Launches New GA Demand App

London: GemAtlas.com, a global networking platform for the gems and jewellery industry has today launched a new App, GA Demand App, to cater to the polished diamond requirements of the Indian marketplace. The App will allow users to post specific requirements for certified and non-certified single and parcel stones for both Natural and Lab-Grown Polished Diamonds. To get instant leads

Read More »

Men of Platinum Contest Winners Meet KL Rahul

Mumbai: This cricket season brought to the fore a lot more than sheer talent and performance excellence as is characteristic of the game. It was the display of the finest form of sportsmanship by men who exemplify exceptional values such as courage, perseverance, self – belief and resilience. To mark the season, Men of Platinum had released a film with

Read More »

52 Indian Exhibitors to Participate in JCK Las Vegas

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) presents large Indian contingent of 52 Exhibitors at the India Pavilion at JCK Las Vegas to be held from 10th to 13th June 2022. India would be showcasing a wide variety of trendy and innovative jewellery made for new-age consumers especially for the US market. India Pavilion is spread over an

Read More »

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