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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
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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India's G&J Exports Continue on Upward Trajectory
Mumbai: India’s gem and jewellery exports continue to be on an upward trajectory. The overall gross exports of Gems & Jewellery recorded a growth of 26.77% to Rs. 24881.52 Cr (18.11% in dollar terms to US$ 3367.53 million) in the month of July 2021 as compared to Rs. 19627.37 Cr. (US$ 2851.15 million) in July 2019 (pre-pandemic). The overall gross
IGI Certifies 14.6 carat Made in India LGD
Mumbai, India: The International Gemological Institute (IGI) certified a stupendous 14.6 carat, laboratory grown creation at its Mumbai facility. Manufactured by Ethereal Green Diamond LLP, the stone was created using the Chemical Vapor Deposition (CVD) process and is of VS2 clarity in color F. It is reported that the stone is the largest among gem quality, laboratory grown diamonds developed
Overwhelming Response for IIJS Premiere 2021
Mumbai: Registration for IIJS Premiere 2021, which is being held in Bengaluru for the first time, is in full swing. This time due to Covid restrictions and considering the safety of the visitors, the registration process is completely online and there won’t be an on-the-spot registration facility. Visitors need to visit https://registration.gjepc.org/single_visitor.php to register. Being the first mega gem & jewellery show
Strict Safety Norms at IIJS Premiere 2021
Mumbai: IIJS Premiere 2021, the flagship show of GJEPC, will be held in a safety cocoon in Bangalore for the first time from 15th to 19th September 2021, owing to the venue constraints in Mumbai. IIJS Premiere, the most coveted show of the Indian gem and jewellery industry, is eagerly awaited by the entire fraternity after a year marked by pandemic-related lockdowns.
India's G&J Exports Continue on Upward Trajectory
Mumbai: India’s gem and jewellery exports continue to be on an upward trajectory. The overall gross exports of Gems & Jewellery recorded a growth of 26.77% to Rs. 24881.52 Cr (18.11% in dollar terms to US$ 3367.53 million) in the month of July 2021 as compared to Rs. 19627.37 Cr. (US$ 2851.15 million) in July 2019 (pre-pandemic). The overall gross
IGI Certifies 14.6 carat Made in India LGD
Mumbai, India: The International Gemological Institute (IGI) certified a stupendous 14.6 carat, laboratory grown creation at its Mumbai facility. Manufactured by Ethereal Green Diamond LLP, the stone was created using the Chemical Vapor Deposition (CVD) process and is of VS2 clarity in color F. It is reported that the stone is the largest among gem quality, laboratory grown diamonds developed
Overwhelming Response for IIJS Premiere 2021
Mumbai: Registration for IIJS Premiere 2021, which is being held in Bengaluru for the first time, is in full swing. This time due to Covid restrictions and considering the safety of the visitors, the registration process is completely online and there won’t be an on-the-spot registration facility. Visitors need to visit https://registration.gjepc.org/single_visitor.php to register. Being the first mega gem & jewellery show
Strict Safety Norms at IIJS Premiere 2021
Mumbai: IIJS Premiere 2021, the flagship show of GJEPC, will be held in a safety cocoon in Bangalore for the first time from 15th to 19th September 2021, owing to the venue constraints in Mumbai. IIJS Premiere, the most coveted show of the Indian gem and jewellery industry, is eagerly awaited by the entire fraternity after a year marked by pandemic-related lockdowns.
