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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AWDC Celebrates 100 Years of Diamond Industry

Antwerp: 100 years ago, Antwerp engineer Marcel Tolkowsky was the first person to scientifically determine the perfect way to cut a brilliant diamond. This is not an anniversary the Antwerp diamond industry could let pass by without notice. The Antwerp World Diamond Centre (AWDC) yesterday held a street festival to pay tribute to the most iconic and successful diamond cut

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DiaCam360 to Unveil Automated Diamond Grading

Ramat Gan: DiaCam360 has initiated a new venture that will lead to the automated identification of a diamond’s color and clarity, based on a proprietary database of hundreds of thousands of images of diamonds that were taken with the DiaCam360. All these images were analyzed by the Deep Learning & AI (Artificial Intelligence) platform developed by the AI department of

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GIA India Conducted GemKids Programme

New Delhi: To ignite the love and passion of gemstones, GIA India conducted the GemKids programme for the students of Universal Public School, New Delhi, on May 3. More than 20 students from 6th to 8th grade attended the programme to learn about the fascinating world of gemstones. GIA India Instructor Amar Agarwal shared insights and facts on a variety

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Registration for CIBJO Congress is Now Open

Milan: Registration for the 2019 congress of CIBJO, the World Jewellery Confederation, is now open. Delegates and other participants may register for the congress via a dedicated congress website located at: http://www.cibjo.org/congress2019. CIBJO’s 2019 annual congress will take place in Manama, the capital of the Kingdom of Bahrain, from November 18 to November 20, with pre-congress meetings beginning on November

Read More »

AWDC Celebrates 100 Years of Diamond Industry

Antwerp: 100 years ago, Antwerp engineer Marcel Tolkowsky was the first person to scientifically determine the perfect way to cut a brilliant diamond. This is not an anniversary the Antwerp diamond industry could let pass by without notice. The Antwerp World Diamond Centre (AWDC) yesterday held a street festival to pay tribute to the most iconic and successful diamond cut

Read More »

DiaCam360 to Unveil Automated Diamond Grading

Ramat Gan: DiaCam360 has initiated a new venture that will lead to the automated identification of a diamond’s color and clarity, based on a proprietary database of hundreds of thousands of images of diamonds that were taken with the DiaCam360. All these images were analyzed by the Deep Learning & AI (Artificial Intelligence) platform developed by the AI department of

Read More »

GIA India Conducted GemKids Programme

New Delhi: To ignite the love and passion of gemstones, GIA India conducted the GemKids programme for the students of Universal Public School, New Delhi, on May 3. More than 20 students from 6th to 8th grade attended the programme to learn about the fascinating world of gemstones. GIA India Instructor Amar Agarwal shared insights and facts on a variety

Read More »

Registration for CIBJO Congress is Now Open

Milan: Registration for the 2019 congress of CIBJO, the World Jewellery Confederation, is now open. Delegates and other participants may register for the congress via a dedicated congress website located at: http://www.cibjo.org/congress2019. CIBJO’s 2019 annual congress will take place in Manama, the capital of the Kingdom of Bahrain, from November 18 to November 20, with pre-congress meetings beginning on November

Read More »

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