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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.
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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De Beers Cycle 1 Fetches USD 660 mln.
Gaborone: De Beers’ first sales cycle of 2022 saw robust demand totalling $660 million, which was almost at the same level as $663 million recorded a year ago. Bruce Cleaver, CEO, De Beers Group, said, “As anticipated, there was strong growth in consumer demand for diamond jewellery over the end of year holiday season. As a result, we saw the
Data Driven: Rethinking in Gem & Jewellery Business
Milan: Moneyball was an Oscar-nominated film released in 2011 that told the story of the Oakland Athletics baseball team, whose general manager succeeded in putting together a winning season on a limited budget, by assembling a group of under-valued players. He did so by taking what at the time was considered an unconventional approach, and that was relying on a
UNI Enhances Supply-Chain Transparency for Customers
Ramat Gan: With the increasing demand in the marketplace for diamonds that are verifiably compliant with ethical sourcing principles, UNI Diamonds has announced the introduction of new online feature, by which users will be able limit their search of its aggregated inventory to stones that meet the requirement of two of the industry’s most stringent responsible sourcing standards. As part
De Beers Increased Diamond Production
Gaborone: De Beers increased its rough diamond production by 15% year-on-year to 7.7-million carats for the fourth quarter of 2021, reflecting planned higher production to meet strengthening levels of demand. Production from its Botswana operations increased by 23% to 5.2-million carats for the quarter. This was primarily as a result of the planned treatment of higher-grade ore at Jwaneng, partly
De Beers Cycle 1 Fetches USD 660 mln.
Gaborone: De Beers’ first sales cycle of 2022 saw robust demand totalling $660 million, which was almost at the same level as $663 million recorded a year ago. Bruce Cleaver, CEO, De Beers Group, said, “As anticipated, there was strong growth in consumer demand for diamond jewellery over the end of year holiday season. As a result, we saw the
Data Driven: Rethinking in Gem & Jewellery Business
Milan: Moneyball was an Oscar-nominated film released in 2011 that told the story of the Oakland Athletics baseball team, whose general manager succeeded in putting together a winning season on a limited budget, by assembling a group of under-valued players. He did so by taking what at the time was considered an unconventional approach, and that was relying on a
UNI Enhances Supply-Chain Transparency for Customers
Ramat Gan: With the increasing demand in the marketplace for diamonds that are verifiably compliant with ethical sourcing principles, UNI Diamonds has announced the introduction of new online feature, by which users will be able limit their search of its aggregated inventory to stones that meet the requirement of two of the industry’s most stringent responsible sourcing standards. As part
De Beers Increased Diamond Production
Gaborone: De Beers increased its rough diamond production by 15% year-on-year to 7.7-million carats for the fourth quarter of 2021, reflecting planned higher production to meet strengthening levels of demand. Production from its Botswana operations increased by 23% to 5.2-million carats for the quarter. This was primarily as a result of the planned treatment of higher-grade ore at Jwaneng, partly
