Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

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Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Read More »

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Bharat Diamond Week Getting Good Response

Mumbai: The Bharat Diamond Bourse (BDB) in Mumbai says more than 300 visitors from India and overseas have already registered for the second edition of the Bharat Diamond Week at the bourse, to take place from October 8-10. Hundreds more buyers are expected to register in the countdown to the expanded polished diamond fair. The inaugural show, held from April

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De Beers Completes Acquisition of Peregrine Diamonds

Toronto: De Beers Group announced the completion of the previously announced Plan of Arrangement pursuant to which De Beers Canada has acquired all of the outstanding securities of Peregrine Diamonds Ltd (“Peregrine”) at a purchase price of C$0.24 per share, for a total cash consideration of C$107 million. The acquisition includes the high quality Chidliak diamond resource located in Canada’s

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Largest Fancy Purplish Red Diamond by Rio Tinto

Mumbai: Rio Tinto’s iconic Argyle Pink Diamonds Tender is being showcased to connoisseurs and collectors from across Asia in Hong Kong. Headlining the 2018 collection of 63 pink, red and violet diamonds is The Argyle Muse™, a 2.28 carat polished oval diamond, the largest purplish red diamond ever offered at Tender. With an unrivalled potency of colour The Argyle Muse™

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94 Indian Cos Participating in HK Jewellery & Gem Fair

Mumbai: India Pavilion at the September Hong Kong Jewellery & Gem Fair, would be represented by 94 leading Indian manufacturers/exhibitors showcasing their strength and skill in manufacturing world class gems and jewellery. Hong Kong has been the largest export market for the Indian Gem & Jewellery industry, and this platform has provided the requisite opportunity to take its exports further over the

Read More »

Bharat Diamond Week Getting Good Response

Mumbai: The Bharat Diamond Bourse (BDB) in Mumbai says more than 300 visitors from India and overseas have already registered for the second edition of the Bharat Diamond Week at the bourse, to take place from October 8-10. Hundreds more buyers are expected to register in the countdown to the expanded polished diamond fair. The inaugural show, held from April

Read More »

De Beers Completes Acquisition of Peregrine Diamonds

Toronto: De Beers Group announced the completion of the previously announced Plan of Arrangement pursuant to which De Beers Canada has acquired all of the outstanding securities of Peregrine Diamonds Ltd (“Peregrine”) at a purchase price of C$0.24 per share, for a total cash consideration of C$107 million. The acquisition includes the high quality Chidliak diamond resource located in Canada’s

Read More »

Largest Fancy Purplish Red Diamond by Rio Tinto

Mumbai: Rio Tinto’s iconic Argyle Pink Diamonds Tender is being showcased to connoisseurs and collectors from across Asia in Hong Kong. Headlining the 2018 collection of 63 pink, red and violet diamonds is The Argyle Muse™, a 2.28 carat polished oval diamond, the largest purplish red diamond ever offered at Tender. With an unrivalled potency of colour The Argyle Muse™

Read More »

94 Indian Cos Participating in HK Jewellery & Gem Fair

Mumbai: India Pavilion at the September Hong Kong Jewellery & Gem Fair, would be represented by 94 leading Indian manufacturers/exhibitors showcasing their strength and skill in manufacturing world class gems and jewellery. Hong Kong has been the largest export market for the Indian Gem & Jewellery industry, and this platform has provided the requisite opportunity to take its exports further over the

Read More »

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