Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
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GJEPC Successfully Organized 4th Banking Summit
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) organised the 4th edition of Banking Summit 2019 in Mumbai. The Summit aimed at meaningful deliberations on issues related to Gem & Jewellery industry contextually; efforts were also made to understand the factors creating present growth inertia, and define roadmap in emerging ecosystem for higher growth, exports and employment generation. The inaugural session had prominent speakers
H1 Gold Demand Jumps to Three Year High in 2019
Mumbai: Global gold demand grew to 1,123t in the second quarter of 2019, a rise of 8% on the same period last year, according to the World Gold Council’s latest Gold Demand Trends report. Continued central bank buying and sustained growth in gold-backed exchange-traded funds (ETFs) were the key drivers of this increase. Taken together with the first quarter of
De Beers 6th Sales Cycle Values $250 Million
Gaborone: De Beers Group published the results of sixth sales cycle of 2019. The value of this month’s sight stood at $250 million, a drop of more than 60 percent compared to the sixth sight of 2018 ($533). The miner reported that its fifth sight, of last month, had generated $391 million, compared to $581 million in June 2018. To date,
GJC Urges Rollback of Import Duty on Gold
Mumbai: All India Gem and Jewellery Domestic Council (GJC) has sought immediate rollback in import duty of gold – the basic raw material for the jewellery business – from 12.5% to 10% and immediate implementation of a comprehensive integrated Gold Policy to save the gem & jewellery business and the jobs of 55 lakh labour force engaged in the business
GJEPC Successfully Organized 4th Banking Summit
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) organised the 4th edition of Banking Summit 2019 in Mumbai. The Summit aimed at meaningful deliberations on issues related to Gem & Jewellery industry contextually; efforts were also made to understand the factors creating present growth inertia, and define roadmap in emerging ecosystem for higher growth, exports and employment generation. The inaugural session had prominent speakers
H1 Gold Demand Jumps to Three Year High in 2019
Mumbai: Global gold demand grew to 1,123t in the second quarter of 2019, a rise of 8% on the same period last year, according to the World Gold Council’s latest Gold Demand Trends report. Continued central bank buying and sustained growth in gold-backed exchange-traded funds (ETFs) were the key drivers of this increase. Taken together with the first quarter of
De Beers 6th Sales Cycle Values $250 Million
Gaborone: De Beers Group published the results of sixth sales cycle of 2019. The value of this month’s sight stood at $250 million, a drop of more than 60 percent compared to the sixth sight of 2018 ($533). The miner reported that its fifth sight, of last month, had generated $391 million, compared to $581 million in June 2018. To date,
GJC Urges Rollback of Import Duty on Gold
Mumbai: All India Gem and Jewellery Domestic Council (GJC) has sought immediate rollback in import duty of gold – the basic raw material for the jewellery business – from 12.5% to 10% and immediate implementation of a comprehensive integrated Gold Policy to save the gem & jewellery business and the jobs of 55 lakh labour force engaged in the business
