Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself

Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger

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Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself

Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger

Read More »

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CIBJO Releases Ethics Special Report

Milan: With fewer than five weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the sixth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Tiffany Stevens, it covers a variety of topics, including the increasing number of international conventions with which members of the jewellery

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India Diamond Week Held from 15th to 17th Oct

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) organized the India Diamond Week from 15th to 17th October 2019, which is aimed at creating an annual trading platform to increase communication amongst diamantaires and promoting the Make in India diamond business globally. India Diamond Week further envisages to establish and strengthen the business ties of Indian gems & jewellery exporters with buyers from countries

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Mediterranean Gemmological & Jewellery Conference

Vancouver: Following the success of the 2019 Mediterranean Gemmological & Jewellery Conference, the organisers have announced that the Sixth Mediterranean Gemmological & Jewellery Conference will take place in Thessaloniki, in Greece from May 1517, 2020. Next year’s event follows the success of the five previous conferences, including this year’s event in Limassol, Cyprus, where 75 participants from 27 countries took

Read More »

Bharat Diamond Week Inaugurated in Mumbai

Mumbai: The third edition of Bharat Diamond Week (BDW) saw a flying start with an august inauguration at Bharat Diamond Bourse (BDB), in the august presence of Mr. Evgeny Agureev (Deputy CEO, Alrosa), Mr. Nanhai Yan (Vice President, Shanghai Diamond Exchange), Mr. Ashok Gajera (MD, Laxmi Diamond), Mr. Anoop Mehta (President-BDB), Mr. Mehul Shah (Vice-President- BDB) and Mr. Rajesh Bajaj

Read More »

CIBJO Releases Ethics Special Report

Milan: With fewer than five weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the sixth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Tiffany Stevens, it covers a variety of topics, including the increasing number of international conventions with which members of the jewellery

Read More »

India Diamond Week Held from 15th to 17th Oct

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) organized the India Diamond Week from 15th to 17th October 2019, which is aimed at creating an annual trading platform to increase communication amongst diamantaires and promoting the Make in India diamond business globally. India Diamond Week further envisages to establish and strengthen the business ties of Indian gems & jewellery exporters with buyers from countries

Read More »

Mediterranean Gemmological & Jewellery Conference

Vancouver: Following the success of the 2019 Mediterranean Gemmological & Jewellery Conference, the organisers have announced that the Sixth Mediterranean Gemmological & Jewellery Conference will take place in Thessaloniki, in Greece from May 1517, 2020. Next year’s event follows the success of the five previous conferences, including this year’s event in Limassol, Cyprus, where 75 participants from 27 countries took

Read More »

Bharat Diamond Week Inaugurated in Mumbai

Mumbai: The third edition of Bharat Diamond Week (BDW) saw a flying start with an august inauguration at Bharat Diamond Bourse (BDB), in the august presence of Mr. Evgeny Agureev (Deputy CEO, Alrosa), Mr. Nanhai Yan (Vice President, Shanghai Diamond Exchange), Mr. Ashok Gajera (MD, Laxmi Diamond), Mr. Anoop Mehta (President-BDB), Mr. Mehul Shah (Vice-President- BDB) and Mr. Rajesh Bajaj

Read More »

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