We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
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Framework for Operationalizing Gold Exchange
Mumbai: The Securities & Exchange Board of India (SEBI) in its meeting held on September 28, 2021 approved the framework for Gold Exchange and SEBI (Vault Managers) Regulations, 2021. Government of India vide Gazette notification S.O. 5401 (E) dated December 24, 2021, has declared “electronic gold receipts” as ‘securities’ under Section 2(h)(iia) of the Securities Contracts (Regulation) Act 1956, and vide
1 Cr. Jewellery Pieces Hallmarked with HUID in Dec
Mumbai: Numbers say it all. The industry has welcomed and adapted mandatory gold jewellery hallmarking wholeheartedly. There has been consistent progress in hallmarking since the Government of India made gold jewellery hallmarking mandatory in mid-June 2021. There have been major advances in every aspect of hallmarking. About 1 crore pieces are hallmarked with HUID last month. Consumers through BIS Care app, can view
Dubai Diamond Conference on 21st Feb
Dubai: The Dubai Multi Commodities Centre (DMCC) announced that it would be hosting the 5th edition of its Dubai Diamond Conference (DDC 2022) with the support of leading industry organisations on 21 February 2022 at Atlantis, The Palm, Dubai, with the theme ‘The Future of Diamonds’. The DDC 2022 will be held with the support of three Platinum Sponsors –
Israeli Diamond Trade Sees Rapid Recovery in 2021
Ramat Gan: The Israeli diamond industry (IDI) showed an impressive recovery during 2021, and even surpassed the figures for 2019, according to import and export data published by the Israel Diamond Controller of the Ministry of Economy and Industry. During 2021, net polished diamond exports totalled $3.65 billion, an increase of 54% compared to 2020, and 7.5% compared to 2019.
Framework for Operationalizing Gold Exchange
Mumbai: The Securities & Exchange Board of India (SEBI) in its meeting held on September 28, 2021 approved the framework for Gold Exchange and SEBI (Vault Managers) Regulations, 2021. Government of India vide Gazette notification S.O. 5401 (E) dated December 24, 2021, has declared “electronic gold receipts” as ‘securities’ under Section 2(h)(iia) of the Securities Contracts (Regulation) Act 1956, and vide
1 Cr. Jewellery Pieces Hallmarked with HUID in Dec
Mumbai: Numbers say it all. The industry has welcomed and adapted mandatory gold jewellery hallmarking wholeheartedly. There has been consistent progress in hallmarking since the Government of India made gold jewellery hallmarking mandatory in mid-June 2021. There have been major advances in every aspect of hallmarking. About 1 crore pieces are hallmarked with HUID last month. Consumers through BIS Care app, can view
Dubai Diamond Conference on 21st Feb
Dubai: The Dubai Multi Commodities Centre (DMCC) announced that it would be hosting the 5th edition of its Dubai Diamond Conference (DDC 2022) with the support of leading industry organisations on 21 February 2022 at Atlantis, The Palm, Dubai, with the theme ‘The Future of Diamonds’. The DDC 2022 will be held with the support of three Platinum Sponsors –
Israeli Diamond Trade Sees Rapid Recovery in 2021
Ramat Gan: The Israeli diamond industry (IDI) showed an impressive recovery during 2021, and even surpassed the figures for 2019, according to import and export data published by the Israel Diamond Controller of the Ministry of Economy and Industry. During 2021, net polished diamond exports totalled $3.65 billion, an increase of 54% compared to 2020, and 7.5% compared to 2019.
