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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
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GJ Sector Committed in Building Mr. Modi’s New India
Mumbai: The Hon’ble Prime Minister Mr. Narendra Modi had made his vision clear about building a New India after a thumping win in the Lok Sabha election. The BJP and alliances has come in power with full majority for the second time and this shows the people of India wants change and has taken the pledge to stand with Prime
India Design Fest at JCK Las Vegas Show
Mumbai: The leading jewellery event in North America, JCK Las Vegas will witness India Pavilion organized by Gem & Jewellery Export Promotion Council (GJEPC) for the 16th consecutive year. This year, 40 gem and jewellery exporters participating at the “India Pavilion” will be showcasing a wide variety of trendy, unique and innovative jewellery made especially for the US market. The
Registrations Begin for 2019 Bharat Diamond Week
Mumbai: Registrations for the third edition of the Bharat Diamond Week that will take place at the Bharat Diamond Bourse (BDB) in Mumbai from October 14-16, 2019 have opened, the organisers announced today while also confirming that delegations from China, Australia and a number of Asian countries are expected to participate. Over 1,000 visitors from India and across the world
GJEPC, BDB Hold Seminar on Opportunities for MSME
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) in association with the Bharat Diamond Bourse (BDB) organised a seminar at the BDB in Mumbai on Friday, May 24, 2019. The seminar was focused on highlighting the opportunities for entrepreneurs falling under the Micro, Small and Medium Enterprises (MSME) category within the gems and jewellery (g&j) industry to grow and
GJ Sector Committed in Building Mr. Modi’s New India
Mumbai: The Hon’ble Prime Minister Mr. Narendra Modi had made his vision clear about building a New India after a thumping win in the Lok Sabha election. The BJP and alliances has come in power with full majority for the second time and this shows the people of India wants change and has taken the pledge to stand with Prime
India Design Fest at JCK Las Vegas Show
Mumbai: The leading jewellery event in North America, JCK Las Vegas will witness India Pavilion organized by Gem & Jewellery Export Promotion Council (GJEPC) for the 16th consecutive year. This year, 40 gem and jewellery exporters participating at the “India Pavilion” will be showcasing a wide variety of trendy, unique and innovative jewellery made especially for the US market. The
Registrations Begin for 2019 Bharat Diamond Week
Mumbai: Registrations for the third edition of the Bharat Diamond Week that will take place at the Bharat Diamond Bourse (BDB) in Mumbai from October 14-16, 2019 have opened, the organisers announced today while also confirming that delegations from China, Australia and a number of Asian countries are expected to participate. Over 1,000 visitors from India and across the world
GJEPC, BDB Hold Seminar on Opportunities for MSME
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) in association with the Bharat Diamond Bourse (BDB) organised a seminar at the BDB in Mumbai on Friday, May 24, 2019. The seminar was focused on highlighting the opportunities for entrepreneurs falling under the Micro, Small and Medium Enterprises (MSME) category within the gems and jewellery (g&j) industry to grow and
