Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

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Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Read More »

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Gold Demand Increased by 7% in Q1

Mumbai: The global gold demand increased to 1,053.3t in the first quarter of 2019, up by 7% on the same period last year, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This year-on-year increase was largely due to continued growth in central bank buying, as well as growth in gold-backed exchange-traded funds (ETFs). Central banks bought

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Celebrate this Akshaya Tritiya with Platinum

Mumbai: Platinum is a naturally occurring luminescent white metal that is 95% pure in jewellery – which makes it the perfect purchase for a significant day like Akshay Tritiya. Akshaya means immortal or something that is indestructible, and Tritiya means third lunar day. The attributes of the metal Platinum closely resonates to the piousness of this festival. The natural white

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PGI's ‘Season of Love’ Begins from 17th May

Mumbai: With three successful editions in the past, Platinum Guild International (PGI) India will soon kick off its 4th edition of the ‘Platinum Season of Love’ campaign from May 17 to June 16. Platinum Season of Love brings with it extraordinary offers and rewards for consumers and an incredible platinum experience in store with a wide range of platinum jewellery

Read More »

AWDC Presents 2nd Sustainability Report

Antwerp: The Antwerp World Diamond Centre (AWDC), the umbrella organization of the Antwerp diamond industry, yesterday launched its second sustainability report. It is an integrated report that does not shy away from thorny issues such as ‘reputation’, ‘integrity in the diamond value chain’ and ‘compliance in the diamond industry’. Furthermore, with this report, the AWDC fully adhered to the UN

Read More »

Gold Demand Increased by 7% in Q1

Mumbai: The global gold demand increased to 1,053.3t in the first quarter of 2019, up by 7% on the same period last year, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This year-on-year increase was largely due to continued growth in central bank buying, as well as growth in gold-backed exchange-traded funds (ETFs). Central banks bought

Read More »

Celebrate this Akshaya Tritiya with Platinum

Mumbai: Platinum is a naturally occurring luminescent white metal that is 95% pure in jewellery – which makes it the perfect purchase for a significant day like Akshay Tritiya. Akshaya means immortal or something that is indestructible, and Tritiya means third lunar day. The attributes of the metal Platinum closely resonates to the piousness of this festival. The natural white

Read More »

PGI's ‘Season of Love’ Begins from 17th May

Mumbai: With three successful editions in the past, Platinum Guild International (PGI) India will soon kick off its 4th edition of the ‘Platinum Season of Love’ campaign from May 17 to June 16. Platinum Season of Love brings with it extraordinary offers and rewards for consumers and an incredible platinum experience in store with a wide range of platinum jewellery

Read More »

AWDC Presents 2nd Sustainability Report

Antwerp: The Antwerp World Diamond Centre (AWDC), the umbrella organization of the Antwerp diamond industry, yesterday launched its second sustainability report. It is an integrated report that does not shy away from thorny issues such as ‘reputation’, ‘integrity in the diamond value chain’ and ‘compliance in the diamond industry’. Furthermore, with this report, the AWDC fully adhered to the UN

Read More »

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