The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

Read More »

Top News

India Extends Relief to Gems & Jewellery Sector

New Delhi: In view of the Covid-19 pandemic situation, the government has extended relief to the gems and jewellery sector by relaxing the requirement of re-import of cut and polished diamonds, which have been sent abroad for certification and grading, by three months. In a statement, the Central Board of Indirect Taxes and Customs (CBIC) said on Sunday that this

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GJEPC to Hold Uncut 2020 Workshop Series

Mumbai: Dr. Parag K. Vyas, an IITian and a pioneer in the field of jewellery designing and technology with years of training experience in companies like Titan, and with numerous workshops under his belt, will hold a series of five workshops and training sessions organised by the GJEPC. Over these 5 days, the following topics will be covered: Nomenclature &

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Malca-Amit is ‘Authorized Shipper’ on Get Diamonds

Antwerp: Malca-Amit, the international logistics and shipping company serving the diamond, jewelry and watch industries, has become an ‘Authorized Shipper’ on Get Diamonds and is offering a special benefit program for platform members. Get Diamonds, owned by the World Federation of Diamond Bourses (WFDB), is the largest B2B diamond online trading platform, with 1.3 million stones worth over $5.7 billion.

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DIB Offers Services to Diamond & Jewellery Sectors

Puerto Rico: Digital International Bank (DIB), an international financial entity headquartered in the U.S. territory of Puerto Rico, has announced that it will begin offering services internationally. Among the clientele it will be catering to are companies and individuals involved in the diamond and jewelry industries. According to a spokesperson, banking services will initially include account management, the international transfer

Read More »

India Extends Relief to Gems & Jewellery Sector

New Delhi: In view of the Covid-19 pandemic situation, the government has extended relief to the gems and jewellery sector by relaxing the requirement of re-import of cut and polished diamonds, which have been sent abroad for certification and grading, by three months. In a statement, the Central Board of Indirect Taxes and Customs (CBIC) said on Sunday that this

Read More »

GJEPC to Hold Uncut 2020 Workshop Series

Mumbai: Dr. Parag K. Vyas, an IITian and a pioneer in the field of jewellery designing and technology with years of training experience in companies like Titan, and with numerous workshops under his belt, will hold a series of five workshops and training sessions organised by the GJEPC. Over these 5 days, the following topics will be covered: Nomenclature &

Read More »

Malca-Amit is ‘Authorized Shipper’ on Get Diamonds

Antwerp: Malca-Amit, the international logistics and shipping company serving the diamond, jewelry and watch industries, has become an ‘Authorized Shipper’ on Get Diamonds and is offering a special benefit program for platform members. Get Diamonds, owned by the World Federation of Diamond Bourses (WFDB), is the largest B2B diamond online trading platform, with 1.3 million stones worth over $5.7 billion.

Read More »

DIB Offers Services to Diamond & Jewellery Sectors

Puerto Rico: Digital International Bank (DIB), an international financial entity headquartered in the U.S. territory of Puerto Rico, has announced that it will begin offering services internationally. Among the clientele it will be catering to are companies and individuals involved in the diamond and jewelry industries. According to a spokesperson, banking services will initially include account management, the international transfer

Read More »

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