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

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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

Read More »

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HRD Antwerp Opens New Drop-off Point in London

Antwerp: HRD Antwerp announced its expansion into the UK market with the opening of a new drop-off point in London’s Hatton Garden. The supply of laboratory grown diamonds is ever increasing. As a result, jewellers are unknowingly selling jewellery which features a mix of natural and lab-grown diamonds. HRD Antwerp is pleased to announce a new service for jewellery grading

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KP Chair Proposes Transition to Peace Diamonds

Mumbai: The Kimberley Process Certification Scheme (KPCS) Intersessional Meeting 2019 is an annual mid-year event of KPCS, which unites administrations, civil societies and diamond industry in reducing the flow of conflict diamonds used to finance wars against governments around the world. India is the KP chair for 2019 and is hosting the KP Intersessional meeting in Mumbai from 17th-21st June

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BDB Welcomes Joint Diamond Trading Events

Mumbai: The Bharat Diamond Bourse (BDB) in Mumbai has welcomed the announcement from the Gem and Jewellery Export Promotion Council (GJEPC) that it will be holding a specially organised Buyer-Seller meeting at around the same time as the third edition of the Bharat Diamond Week (BDW) which takes place at the bourse from 14 to16 October. The GJEPC will be holding its

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DPA Releases Independent Research Report

Mumbai: The Diamond Producers Association (DPA), a global alliance of the leading diamond mining companies, which represents 75% of the world’s diamond production, yesterday released its first independent research report on Members’ impact on local communities, employees and the environment. The report, authored by Trucost and titled The Socioeconomic and Environmental Impact of Large-Scale Diamond Mining, is the world’s first comprehensive analysis

Read More »

HRD Antwerp Opens New Drop-off Point in London

Antwerp: HRD Antwerp announced its expansion into the UK market with the opening of a new drop-off point in London’s Hatton Garden. The supply of laboratory grown diamonds is ever increasing. As a result, jewellers are unknowingly selling jewellery which features a mix of natural and lab-grown diamonds. HRD Antwerp is pleased to announce a new service for jewellery grading

Read More »

KP Chair Proposes Transition to Peace Diamonds

Mumbai: The Kimberley Process Certification Scheme (KPCS) Intersessional Meeting 2019 is an annual mid-year event of KPCS, which unites administrations, civil societies and diamond industry in reducing the flow of conflict diamonds used to finance wars against governments around the world. India is the KP chair for 2019 and is hosting the KP Intersessional meeting in Mumbai from 17th-21st June

Read More »

BDB Welcomes Joint Diamond Trading Events

Mumbai: The Bharat Diamond Bourse (BDB) in Mumbai has welcomed the announcement from the Gem and Jewellery Export Promotion Council (GJEPC) that it will be holding a specially organised Buyer-Seller meeting at around the same time as the third edition of the Bharat Diamond Week (BDW) which takes place at the bourse from 14 to16 October. The GJEPC will be holding its

Read More »

DPA Releases Independent Research Report

Mumbai: The Diamond Producers Association (DPA), a global alliance of the leading diamond mining companies, which represents 75% of the world’s diamond production, yesterday released its first independent research report on Members’ impact on local communities, employees and the environment. The report, authored by Trucost and titled The Socioeconomic and Environmental Impact of Large-Scale Diamond Mining, is the world’s first comprehensive analysis

Read More »

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