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 »

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

New Research from De Beers Group on US Consumers

Mumbai: As consumers in the US reassess their purchasing behaviour in light of the COVID-19 pandemic, gifts that are meaningful and that retain their value will be the priority as people emerge from lockdown, according to new research undertaken over the past nine weeks by De Beers Group. The research demonstrated that lockdown had made many consumers feel grateful for

Read More »

Modi, Choksi's Jewellery Worth 1350 Cr Brought Back

New Delhi: Over 2,300 kg of polished diamonds, pearls and jewellery worth Rs 1,350 crore that fraud-accused jewelers Nirav Modi and Mehul Choksi allegedly dispatched to Dubai while they were being investigated has been brought back to India by the Enforcement Directorate, according to NDTV. The agency has “successfully imported” from Hong Kong around 108 packages of jewellery and gems

Read More »

GJNRF Extends Helping Hand During the Pandemic

Mumbai: Whenever there is a crisis, Gems & Jewellery National Relief Foundation (GJNRF) has been quick to respond and has come forward to help the needy people. This time around, during Covid 19 Pandemic, GJNRF is working with the guidance and advise of Maharashtra Govt. and BMC for the charity work in Mumbai. GJNRF has been reaching out to people

Read More »

CIBJO Postpones Annual Congress

Milan: CIBJO, the World Jewellery Confederation, has announced that its annual congress, which this year was scheduled to have taken place in Dubai, UAE, October 5 to 7, will be postponed to 2021, as a result of the COVID-19 global pandemic. The decision to postpone the congress was taken during a video conference of the CIBJO Board of Directors, following

Read More »

New Research from De Beers Group on US Consumers

Mumbai: As consumers in the US reassess their purchasing behaviour in light of the COVID-19 pandemic, gifts that are meaningful and that retain their value will be the priority as people emerge from lockdown, according to new research undertaken over the past nine weeks by De Beers Group. The research demonstrated that lockdown had made many consumers feel grateful for

Read More »

Modi, Choksi's Jewellery Worth 1350 Cr Brought Back

New Delhi: Over 2,300 kg of polished diamonds, pearls and jewellery worth Rs 1,350 crore that fraud-accused jewelers Nirav Modi and Mehul Choksi allegedly dispatched to Dubai while they were being investigated has been brought back to India by the Enforcement Directorate, according to NDTV. The agency has “successfully imported” from Hong Kong around 108 packages of jewellery and gems

Read More »

GJNRF Extends Helping Hand During the Pandemic

Mumbai: Whenever there is a crisis, Gems & Jewellery National Relief Foundation (GJNRF) has been quick to respond and has come forward to help the needy people. This time around, during Covid 19 Pandemic, GJNRF is working with the guidance and advise of Maharashtra Govt. and BMC for the charity work in Mumbai. GJNRF has been reaching out to people

Read More »

CIBJO Postpones Annual Congress

Milan: CIBJO, the World Jewellery Confederation, has announced that its annual congress, which this year was scheduled to have taken place in Dubai, UAE, October 5 to 7, will be postponed to 2021, as a result of the COVID-19 global pandemic. The decision to postpone the congress was taken during a video conference of the CIBJO Board of Directors, following

Read More »

Latest Videos