Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
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18th Edition of HRD Design Awards
Antwerp: HRD Antwerp has announced the launch of the 18th edition of the HRD DESIGN AWARDS, in partnership with VicenzaOro, the largest Show in Europe for the Gold and Jewellery Industry. This year’s edition is unique, as HRD Antwerp introduces ‘THE YOUNG JEWELLERY DESIGN COMMUNITY.’ This initiative aims at supporting the industry by promoting young innovative ideas. Being part of
Global Rough Diamond Production +51.4% in 2021
Johannesburg: Statistics published by the Kimberley Process (KP) indicate that global rough diamond production grew 11.9% by volume to 120.04 million carats in 2021, and jumped 51.4% in value to $13.98 billion on a year-on-year basis. Russia was the biggest diamond producer by volume in 2021, with an output of 39.11 million carats, while Botswana was the largest producer in
De Beers Hosted its Annual Forum in Mumbai
Mumbai: The De Beers Group, the world’s leading diamond company, held its annual Forum in Mumbai this week. The Forum brought together all its authorized partners, diamantaires, and manufacturers from across the country as well as key decision makers from the De Beers global team. The idea behind the three-day Forum was to facilitate a common platform for members of
Gold Import Duty in India Hiked by 5%
New Delhi: India has raised basic import duty on gold to 12.5 per cent from 7.5 per cent, according to a government notice dated June 30. This step has been taken to reduce influx of gold into the world’s second-largest consumer of the precious metal, after India’s ballooning trade deficit pushed the Rupee to a record low. This is a
18th Edition of HRD Design Awards
Antwerp: HRD Antwerp has announced the launch of the 18th edition of the HRD DESIGN AWARDS, in partnership with VicenzaOro, the largest Show in Europe for the Gold and Jewellery Industry. This year’s edition is unique, as HRD Antwerp introduces ‘THE YOUNG JEWELLERY DESIGN COMMUNITY.’ This initiative aims at supporting the industry by promoting young innovative ideas. Being part of
Global Rough Diamond Production +51.4% in 2021
Johannesburg: Statistics published by the Kimberley Process (KP) indicate that global rough diamond production grew 11.9% by volume to 120.04 million carats in 2021, and jumped 51.4% in value to $13.98 billion on a year-on-year basis. Russia was the biggest diamond producer by volume in 2021, with an output of 39.11 million carats, while Botswana was the largest producer in
De Beers Hosted its Annual Forum in Mumbai
Mumbai: The De Beers Group, the world’s leading diamond company, held its annual Forum in Mumbai this week. The Forum brought together all its authorized partners, diamantaires, and manufacturers from across the country as well as key decision makers from the De Beers global team. The idea behind the three-day Forum was to facilitate a common platform for members of
Gold Import Duty in India Hiked by 5%
New Delhi: India has raised basic import duty on gold to 12.5 per cent from 7.5 per cent, according to a government notice dated June 30. This step has been taken to reduce influx of gold into the world’s second-largest consumer of the precious metal, after India’s ballooning trade deficit pushed the Rupee to a record low. This is a
