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 »

Top News

Rio Tinto Reveals Rare Large White Diamond

Perth: Rio Tinto’s Argyle diamond mine has produced one of the largest gem quality white diamonds in its 35 year history. The 28.84 carat gem quality white diamond was recovered from the east Kimberley mine in March 2019. Named Argyle Octavia™ in recognition of its beautiful octahedral shape, this rough diamond will be sold by tender in Antwerp later this

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CIBJO Presents Plan to Promote Responsible Sourcing

Paris: Speaking in Paris today to a plenary session of the 13th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), CIBJO President Gaetano Cavalieri has delineated a comprehensive plan for promoting responsible sourcing practices throughout the jewellery, gemstone and precious metals sectors, which includes the release this past January of CIBJO’s new Responsible

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Nancy Liu Promoted as CEO of Forevermark

London: De Beers Group has announced through an official press release that Ms. Nancy Liu would become the new Forevermark CEO, stepping up from her current role as COO and taking over the day to day responsibility for the leading diamond brand. Stephen Lussier, Executive Vice-President of Consumer & Brands for De Beers Group, will continue to oversee the strategic

Read More »

PNG Jewellers Opens Franchise Store in Dombivli

Mumbai: PNG Jewellers has launched its next franchise store in Dombivli. Inauguration of the store was done by the rising Bollywood star and one of the crowned jewels of the Marathi film industry Amruta Khanvilkar. The new store will offer a wide range of PNG’s signature gold, silver and diamond jewellery. Spread across 2500 sq.ft, this spacious store offers advanced

Read More »

Rio Tinto Reveals Rare Large White Diamond

Perth: Rio Tinto’s Argyle diamond mine has produced one of the largest gem quality white diamonds in its 35 year history. The 28.84 carat gem quality white diamond was recovered from the east Kimberley mine in March 2019. Named Argyle Octavia™ in recognition of its beautiful octahedral shape, this rough diamond will be sold by tender in Antwerp later this

Read More »

CIBJO Presents Plan to Promote Responsible Sourcing

Paris: Speaking in Paris today to a plenary session of the 13th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), CIBJO President Gaetano Cavalieri has delineated a comprehensive plan for promoting responsible sourcing practices throughout the jewellery, gemstone and precious metals sectors, which includes the release this past January of CIBJO’s new Responsible

Read More »

Nancy Liu Promoted as CEO of Forevermark

London: De Beers Group has announced through an official press release that Ms. Nancy Liu would become the new Forevermark CEO, stepping up from her current role as COO and taking over the day to day responsibility for the leading diamond brand. Stephen Lussier, Executive Vice-President of Consumer & Brands for De Beers Group, will continue to oversee the strategic

Read More »

PNG Jewellers Opens Franchise Store in Dombivli

Mumbai: PNG Jewellers has launched its next franchise store in Dombivli. Inauguration of the store was done by the rising Bollywood star and one of the crowned jewels of the Marathi film industry Amruta Khanvilkar. The new store will offer a wide range of PNG’s signature gold, silver and diamond jewellery. Spread across 2500 sq.ft, this spacious store offers advanced

Read More »

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