The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

Read More »

Top News

UNI & EZCalc to Organize Virtual Diamond Tender

Mumbai: August traditionally has been a vacation month in the international diamond trade, but 2020 is proving different, as companies scramble to restock following the lockdown that cast a shadow over the first half of the year. To meet the demand, and with numerous retail markets showing signs of recovery and the end-of-the year holiday season fast approaching, UNI and

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BGJF is Rescheduled between 23 & 27 Feb 2021

Bangkok: Department of International Trade Promotion (DITP), Thailand Ministry of Commerce and its affiliates have been carefully monitoring the development of the global community efforts to diminish the COVID-19 situation in the past months. Although Thailand can control the outbreak so effectively that there is no local infection in the past two months, the health and safety of industry stakeholders

Read More »

COVID-19 Hits Consumer Demand in H1:WGC

Mumbai: The COVID-19 pandemic impacted the consumer sectors of the gold market in H1 2020, with total demand dropping by 6% to 2,076t versus the same period in 2019, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. However, while overall gold demand fell, H1 saw record flows into gold-backed ETFs of 734t. The global response to

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Shaankar Sen of Senco Gold is No More

Kolkata: Mr. Shaankar Sen, chairman and managing director of Senco Gold Ltd., which runs the chain of Senco Gold and diamond jewellery stores, passed away in Kolkata on Tuesday morning. He was 63. He was also the vice chairman of All India Gem and Jewellery Domestic Council, the domestic body responsible for the welfare of the jewellery sector and all

Read More »

UNI & EZCalc to Organize Virtual Diamond Tender

Mumbai: August traditionally has been a vacation month in the international diamond trade, but 2020 is proving different, as companies scramble to restock following the lockdown that cast a shadow over the first half of the year. To meet the demand, and with numerous retail markets showing signs of recovery and the end-of-the year holiday season fast approaching, UNI and

Read More »

BGJF is Rescheduled between 23 & 27 Feb 2021

Bangkok: Department of International Trade Promotion (DITP), Thailand Ministry of Commerce and its affiliates have been carefully monitoring the development of the global community efforts to diminish the COVID-19 situation in the past months. Although Thailand can control the outbreak so effectively that there is no local infection in the past two months, the health and safety of industry stakeholders

Read More »

COVID-19 Hits Consumer Demand in H1:WGC

Mumbai: The COVID-19 pandemic impacted the consumer sectors of the gold market in H1 2020, with total demand dropping by 6% to 2,076t versus the same period in 2019, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. However, while overall gold demand fell, H1 saw record flows into gold-backed ETFs of 734t. The global response to

Read More »

Shaankar Sen of Senco Gold is No More

Kolkata: Mr. Shaankar Sen, chairman and managing director of Senco Gold Ltd., which runs the chain of Senco Gold and diamond jewellery stores, passed away in Kolkata on Tuesday morning. He was 63. He was also the vice chairman of All India Gem and Jewellery Domestic Council, the domestic body responsible for the welfare of the jewellery sector and all

Read More »

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