Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
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
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
Top News
Banks Reluctant to Finance Belgian Diamond Sector
Antwerp: Banks in Belgium are reluctant to extend vital loans to help diamond firms survive coronavirus. The Antwerp World Diamond Centre (AWDC), representing 1,600 companies, claims banks are turning down applicants who clearly qualify for a financial lifeline. The banks agreed a $55bn emergency loans policy with the Belgian government early on in the COVID-19 crisis. But
Members of ZCDC Board Resign en masse
Harare: Zimbabwe Consolidated Diamond Company (ZCDC) board members have resigned en masse in protest against parent ministry decision and modus operandi. Amongst other issues was government’s decision to grant mining licenses to foreign companies without consultation. According to 263chat, the board, led by Engineer Ukama is allegedly livid that while Zimbabwe has lost billions in revenue from diamonds, government intends
Baselworld Cancels Jan 2021 Show
Basel: The MCH Group, organiser of Baselworld has decided to cancel the show scheduled from Jan 28 to Feb 2, 2021 after reaching an agreement with representatives of the exhibitors at the show regarding the settlement for the cancelled 2020 edition. The amicable solution has been drawn up in collaboration with the Swiss Exhibitors’ Committee and is unanimously approved by
Antwerp Diamond Industry to Open Gradually
Antwerp: Belgium has been in lockdown state for almost two months since mid-March 2020. Now, media reports say the country is beginning to ease the situation. This will mean the opening up of the diamond district in Antwerp among other industries in the country. The nationwide lockdown, on account of the coronavirus had “virtually halted business” in the world’s largest
Banks Reluctant to Finance Belgian Diamond Sector
Antwerp: Banks in Belgium are reluctant to extend vital loans to help diamond firms survive coronavirus. The Antwerp World Diamond Centre (AWDC), representing 1,600 companies, claims banks are turning down applicants who clearly qualify for a financial lifeline. The banks agreed a $55bn emergency loans policy with the Belgian government early on in the COVID-19 crisis. But
Members of ZCDC Board Resign en masse
Harare: Zimbabwe Consolidated Diamond Company (ZCDC) board members have resigned en masse in protest against parent ministry decision and modus operandi. Amongst other issues was government’s decision to grant mining licenses to foreign companies without consultation. According to 263chat, the board, led by Engineer Ukama is allegedly livid that while Zimbabwe has lost billions in revenue from diamonds, government intends
Baselworld Cancels Jan 2021 Show
Basel: The MCH Group, organiser of Baselworld has decided to cancel the show scheduled from Jan 28 to Feb 2, 2021 after reaching an agreement with representatives of the exhibitors at the show regarding the settlement for the cancelled 2020 edition. The amicable solution has been drawn up in collaboration with the Swiss Exhibitors’ Committee and is unanimously approved by
Antwerp Diamond Industry to Open Gradually
Antwerp: Belgium has been in lockdown state for almost two months since mid-March 2020. Now, media reports say the country is beginning to ease the situation. This will mean the opening up of the diamond district in Antwerp among other industries in the country. The nationwide lockdown, on account of the coronavirus had “virtually halted business” in the world’s largest
