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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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

Read More »

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GJEPC Announces Theme for Artisans Awards 2022

Mumbai: After a successful edition of the Artisans Awards 2021, GJEPC announced its next at the IGJS 2021 in Dubai. The Collectors’ theme is further divided into 3 categories: Elizabeth Taylor, Barbara Hutton and Wallis Simpson The Gem & Jewellery Export Promotion Council (GJEPC) launched the theme of the 5th edition of Artisans Awards – “The Collectors” at a networking

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Second Edition of the Season of Hope Launched

Mumbai: After the success of last year’s retail initiative ‘Season of Hope’, Platinum Guild India (PGI) has launched the second edition of the month-long initiative from 8th October 2021 – 7th November 2021. Platinum’s Season of Hope will spread out to 1370+ retailers across the country ushering in the all-important festive and wedding season. As consumers transition into the new

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IGJS Kickstarted in Dubai

Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully kickstarted the International Gem & Jewellery Show (IGJS) 2021 in Dubai yesterday at the Grand Hyatt. It is the first ever gem and jewellery physical event hosted internationally, since the onset of pandemic. The show was inaugurated by His Excellency Pavan Kapoor, Ambassador of India to UAE along with Mr.

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CIBJO Describes Jewellery Ind.’s Role as a Catalyst

Milan: CIBJO President Gaetano Cavalieri has described to an audience of business and industry leaders meeting in the Italian capital of Rome, as well as online, the current and potential role of the jewellery industry as a catalyst for the fulfilment of the Sustainable Development Goals (SDGs). He was participating in the Sustainable Development Festival (Festival dello Sviluppo Sostenibile), organised

Read More »

GJEPC Announces Theme for Artisans Awards 2022

Mumbai: After a successful edition of the Artisans Awards 2021, GJEPC announced its next at the IGJS 2021 in Dubai. The Collectors’ theme is further divided into 3 categories: Elizabeth Taylor, Barbara Hutton and Wallis Simpson The Gem & Jewellery Export Promotion Council (GJEPC) launched the theme of the 5th edition of Artisans Awards – “The Collectors” at a networking

Read More »

Second Edition of the Season of Hope Launched

Mumbai: After the success of last year’s retail initiative ‘Season of Hope’, Platinum Guild India (PGI) has launched the second edition of the month-long initiative from 8th October 2021 – 7th November 2021. Platinum’s Season of Hope will spread out to 1370+ retailers across the country ushering in the all-important festive and wedding season. As consumers transition into the new

Read More »

IGJS Kickstarted in Dubai

Dubai: India’s Gem & Jewellery Export Promotion Council (GJEPC) successfully kickstarted the International Gem & Jewellery Show (IGJS) 2021 in Dubai yesterday at the Grand Hyatt. It is the first ever gem and jewellery physical event hosted internationally, since the onset of pandemic. The show was inaugurated by His Excellency Pavan Kapoor, Ambassador of India to UAE along with Mr.

Read More »

CIBJO Describes Jewellery Ind.’s Role as a Catalyst

Milan: CIBJO President Gaetano Cavalieri has described to an audience of business and industry leaders meeting in the Italian capital of Rome, as well as online, the current and potential role of the jewellery industry as a catalyst for the fulfilment of the Sustainable Development Goals (SDGs). He was participating in the Sustainable Development Festival (Festival dello Sviluppo Sostenibile), organised

Read More »

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