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 »

Top News

Forevermark Launches 3 Stores with Fortofino

Mumbai: Forevermark, the diamond brand from the De Beers Group launched three more doors in partnership with Fortofino in North India this week. The brand saw the opening of the 8th Forevermark Boutique in Ludhiana as well as the launch at the Fortofino stores in the city of Jammu and Ambala. This is the second store in Jammu after the success

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DITP to Host Full Scale of Virtual Jewellery Fair in Asia

Bangkok: The Department of International Trade Promotion (DITP) will organise “BGJF Special Edition – On Ground to Online Exhibition”, a fully online gems and jewellery exhibition via www.bkkgems-vts.com on 2-4 November 2020. This innovative online jewellery fair will replace the 66th Bangkok Gems & Jewelry Fair, which the DITP has now postponed until 23-27 February 2021. The Physical fair will

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Virtual IIJS, the Game Changer of G&J Industry: GJEPC

Mumbai, October 17, 2020: India’s first ever virtual gems and jewellery trade show, India International Jewellery Show (IIJS) Virtual 2020, powered by GIA, organized by the Gem and Jewellery Export Promotion Council of India (GJEPC), concluded on October 16, 2020. The five-day jewellery extravaganza which commenced on October 12, 2020, has been one of a kind experience for all the

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Virtual Shows are Need of the Hour: Sachin Jain

Mumbai: The positive sentiment among exhibitors and visitors at the India International Jewellery Show (IIJS Virtual) has lifted the mood of the entire Indian gem and jewellery industry. The upbeat trend could perhaps continue through the festive and wedding season and well into the first quarter of 2021. Mr. Sachin Jain, Managing Director of De Beers (India) says, “I truly

Read More »

Forevermark Launches 3 Stores with Fortofino

Mumbai: Forevermark, the diamond brand from the De Beers Group launched three more doors in partnership with Fortofino in North India this week. The brand saw the opening of the 8th Forevermark Boutique in Ludhiana as well as the launch at the Fortofino stores in the city of Jammu and Ambala. This is the second store in Jammu after the success

Read More »

DITP to Host Full Scale of Virtual Jewellery Fair in Asia

Bangkok: The Department of International Trade Promotion (DITP) will organise “BGJF Special Edition – On Ground to Online Exhibition”, a fully online gems and jewellery exhibition via www.bkkgems-vts.com on 2-4 November 2020. This innovative online jewellery fair will replace the 66th Bangkok Gems & Jewelry Fair, which the DITP has now postponed until 23-27 February 2021. The Physical fair will

Read More »

Virtual IIJS, the Game Changer of G&J Industry: GJEPC

Mumbai, October 17, 2020: India’s first ever virtual gems and jewellery trade show, India International Jewellery Show (IIJS) Virtual 2020, powered by GIA, organized by the Gem and Jewellery Export Promotion Council of India (GJEPC), concluded on October 16, 2020. The five-day jewellery extravaganza which commenced on October 12, 2020, has been one of a kind experience for all the

Read More »

Virtual Shows are Need of the Hour: Sachin Jain

Mumbai: The positive sentiment among exhibitors and visitors at the India International Jewellery Show (IIJS Virtual) has lifted the mood of the entire Indian gem and jewellery industry. The upbeat trend could perhaps continue through the festive and wedding season and well into the first quarter of 2021. Mr. Sachin Jain, Managing Director of De Beers (India) says, “I truly

Read More »

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