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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

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
Top News

Albert Milton of De Beers Group Dies
Gaborone: De Beers Group has announced the demise of Mr. Albert Milton, Managing Director, Debswana, the 50/50 joint venture between the Government of the Republic of Botswana and De Beers Group. Mr. Albert became unwell in Johannesburg on Thursday evening. He was admitted to hospital but died early on Friday morning. The Group expressed deepest condolences to Albert’s family, relatives

LDJS Generates Tremendous Response on Debut
Mumbai: Lab Grown Diamond and Jewellery Promotion Council (LGDJPC) concluded the debut show of LDJS (International Lab grown Diamond Jewellery Show), the B2B expo, spread over 40,000 square feet in a world class air conditioned in Mumbai. The debut show accommodated 70+ exhibitors who showcased a whole of the LGD range & they met a demand of product mix that

CIBJO Urges at IIJS to Adopt Responsible Sourcing
Mumbai: All participants in the jewellery and gemstone value chain will need to come to terms with the fact that basic due diligence demonstrating that they are sourcing their supply responsibly is becoming is a regular requirement for doing business, said Gaetano Cavalieri, President of CIBJO, speaking last week in Mumbai. At the same time, he added, the systems being

Forevermark Unveils Short Film About Translocation
London: For World Elephant Day 2019, Forevermark, the diamond brand from De Beers Group has unveiled a compelling six-part short film series revealing the epic journey of one of the world’s keystone species as they embark on one of the largest and longest translocations ever undertaken in South Africa. In 2018, De Beers Group announced that it was commencing a major conservation initiative titled Moving

Albert Milton of De Beers Group Dies
Gaborone: De Beers Group has announced the demise of Mr. Albert Milton, Managing Director, Debswana, the 50/50 joint venture between the Government of the Republic of Botswana and De Beers Group. Mr. Albert became unwell in Johannesburg on Thursday evening. He was admitted to hospital but died early on Friday morning. The Group expressed deepest condolences to Albert’s family, relatives

LDJS Generates Tremendous Response on Debut
Mumbai: Lab Grown Diamond and Jewellery Promotion Council (LGDJPC) concluded the debut show of LDJS (International Lab grown Diamond Jewellery Show), the B2B expo, spread over 40,000 square feet in a world class air conditioned in Mumbai. The debut show accommodated 70+ exhibitors who showcased a whole of the LGD range & they met a demand of product mix that

CIBJO Urges at IIJS to Adopt Responsible Sourcing
Mumbai: All participants in the jewellery and gemstone value chain will need to come to terms with the fact that basic due diligence demonstrating that they are sourcing their supply responsibly is becoming is a regular requirement for doing business, said Gaetano Cavalieri, President of CIBJO, speaking last week in Mumbai. At the same time, he added, the systems being

Forevermark Unveils Short Film About Translocation
London: For World Elephant Day 2019, Forevermark, the diamond brand from De Beers Group has unveiled a compelling six-part short film series revealing the epic journey of one of the world’s keystone species as they embark on one of the largest and longest translocations ever undertaken in South Africa. In 2018, De Beers Group announced that it was commencing a major conservation initiative titled Moving