The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

Read More »

The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

Read More »

Top News

Banks Recover ₹ 13,100 Crore from Wilful Defaulters

New Delhi: Finance Minister Nirmala Sitharaman yesterday said that banks have recovered ₹  13,109.17 crore from asset sale of fugitives like Vijay Mallya, Nirav Modi and Mehul Choksi. She said this while replying to a discussion on the second batch of Supplementary Demands for Grants which was approved by the Lok Sabha amid uproar by the Opposition over various issues. The Supplementary

Read More »

Piyush Goyal Lays Foundation of Mega CFC at Seepz

Mumbai: Honourable Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles Mr. Piyush Goyal laid foundation stone for Mega Common Facility Centre (CFC) at Santacruz Electronic Export Processing Zone Special Economic Zone on Saturday in the presence of Mr. Colin Shah, Chairman GJEPC and Mr. Shyam Jagannathan, The Zonal Development Commissioner SEEPZ, SEZ along with

Read More »

Petra to Sell 50% Stake in Williamson Diamonds

Dar Es Salaam: Petra Diamonds has agreed to sell a 50% of the entity that holds its shareholding in Williamson Diamonds Limited (WDL), the operator of the Williamson Mine, to Caspian for $15 million. Caspian is a long-term technical services contractor at the Williamson Mine in Tanzania. WDL is currently 75% owned by Petra, 25% owned by the government of

Read More »

GJEPC Partners with NDC for Global Campaign

Mumbai: The Natural Diamond Council (NDC) has partnered with the Gem Jewellery Export Promotion Council (GJEPC) for their global campaign – ‘Thank You, By the Way’.  The campaign reaches out to consumers who, now more than ever before, want to know where their products come from and the impact their purchases have on producing countries and local communities. It thanks

Read More »

Banks Recover ₹ 13,100 Crore from Wilful Defaulters

New Delhi: Finance Minister Nirmala Sitharaman yesterday said that banks have recovered ₹  13,109.17 crore from asset sale of fugitives like Vijay Mallya, Nirav Modi and Mehul Choksi. She said this while replying to a discussion on the second batch of Supplementary Demands for Grants which was approved by the Lok Sabha amid uproar by the Opposition over various issues. The Supplementary

Read More »

Piyush Goyal Lays Foundation of Mega CFC at Seepz

Mumbai: Honourable Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles Mr. Piyush Goyal laid foundation stone for Mega Common Facility Centre (CFC) at Santacruz Electronic Export Processing Zone Special Economic Zone on Saturday in the presence of Mr. Colin Shah, Chairman GJEPC and Mr. Shyam Jagannathan, The Zonal Development Commissioner SEEPZ, SEZ along with

Read More »

Petra to Sell 50% Stake in Williamson Diamonds

Dar Es Salaam: Petra Diamonds has agreed to sell a 50% of the entity that holds its shareholding in Williamson Diamonds Limited (WDL), the operator of the Williamson Mine, to Caspian for $15 million. Caspian is a long-term technical services contractor at the Williamson Mine in Tanzania. WDL is currently 75% owned by Petra, 25% owned by the government of

Read More »

GJEPC Partners with NDC for Global Campaign

Mumbai: The Natural Diamond Council (NDC) has partnered with the Gem Jewellery Export Promotion Council (GJEPC) for their global campaign – ‘Thank You, By the Way’.  The campaign reaches out to consumers who, now more than ever before, want to know where their products come from and the impact their purchases have on producing countries and local communities. It thanks

Read More »

Latest Videos