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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
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
Top News
PNG Jewellers Collaborates with Forevermark
Pune: PNG Jewellers in association with Forevermark launched their exclusive festive collection. The latest collection with over 400+ designs have been crafted by PNG Jewellers with Forevermark diamonds. Contemporary and chic the stunning diamond jewellery collection is perfectly suited for every occasion. And is bound to add a sparkle to every woman’s collection. PNG Jewellers collaborated with Forevermark to bring forth an exquisitely crafted jewellery
Diamond Identification, Detection Tech. Roadshow
Antwerp: The International Diamond Manufacturers Association (IDMA) and the organizers and hosts of the 21st Presidents’ Meeting, the Dubai Diamond Exchange (DDE), a DMCC platform, will be staging a roadshow of current diamond identification and detection technology during the meeting that takes place September 23-25. The Presidents’ Meeting is the biennial meeting of the leadership of two sister organizations, the World Federation of
Dover Street Market Curates Sotheby’s Jewels Auction
Mumbai: Kicking off during New York Fashion Week this September, Sotheby’s is partnering with high fashion retailer Dover Street Market to showcase a special selection of the auction house’s upcoming Fine Jewels sale (New York, 25 September 2019) within their cutting-edge New York and Los Angeles locations. Curated by Dover Street Market, the selection will juxtapose period and vintage jewels within a fresh and contemporary setting designed
Rio Tinto Launches Collection of Argyle Pink Diamonds
Perth: Rio Tinto has launched a new collection of rare pink diamonds from its Argyle diamond mine in the east Kimberley region of Western Australia. Known as the “Argyle Pink Everlastings™ Collection”, this beautiful offering has been curated to showcase the full colour palette of Argyle pink diamonds, weighing 0.14 carats and below. The Argyle Pink Everlastings™ Collection comprises 64
PNG Jewellers Collaborates with Forevermark
Pune: PNG Jewellers in association with Forevermark launched their exclusive festive collection. The latest collection with over 400+ designs have been crafted by PNG Jewellers with Forevermark diamonds. Contemporary and chic the stunning diamond jewellery collection is perfectly suited for every occasion. And is bound to add a sparkle to every woman’s collection. PNG Jewellers collaborated with Forevermark to bring forth an exquisitely crafted jewellery
Diamond Identification, Detection Tech. Roadshow
Antwerp: The International Diamond Manufacturers Association (IDMA) and the organizers and hosts of the 21st Presidents’ Meeting, the Dubai Diamond Exchange (DDE), a DMCC platform, will be staging a roadshow of current diamond identification and detection technology during the meeting that takes place September 23-25. The Presidents’ Meeting is the biennial meeting of the leadership of two sister organizations, the World Federation of
Dover Street Market Curates Sotheby’s Jewels Auction
Mumbai: Kicking off during New York Fashion Week this September, Sotheby’s is partnering with high fashion retailer Dover Street Market to showcase a special selection of the auction house’s upcoming Fine Jewels sale (New York, 25 September 2019) within their cutting-edge New York and Los Angeles locations. Curated by Dover Street Market, the selection will juxtapose period and vintage jewels within a fresh and contemporary setting designed
Rio Tinto Launches Collection of Argyle Pink Diamonds
Perth: Rio Tinto has launched a new collection of rare pink diamonds from its Argyle diamond mine in the east Kimberley region of Western Australia. Known as the “Argyle Pink Everlastings™ Collection”, this beautiful offering has been curated to showcase the full colour palette of Argyle pink diamonds, weighing 0.14 carats and below. The Argyle Pink Everlastings™ Collection comprises 64
