We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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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Pink Diamonds Outperformed Blues & Yellows in Q1
New York: The Fancy Color Research Foundation (FCRF) has announced the results of the Q1 2019 Fancy Color Diamond Index. The overall prices decreased by 0.2% in the first quarter of 2019, influenced by a decrease in the Yellow category. Pink Diamonds increased by 0.5%, Blue Diamonds showed a very slight decrease of 0.2%, and Yellow Diamonds decreased by 1.5%.
DPA Releases 1st 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, has 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
Gold Demand Increased by 7% in Q1
Mumbai: The global gold demand increased to 1,053.3t in the first quarter of 2019, up by 7% on the same period last year, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This year-on-year increase was largely due to continued growth in central bank buying, as well as growth in gold-backed exchange-traded funds (ETFs). Central banks bought
Celebrate this Akshaya Tritiya with Platinum
Mumbai: Platinum is a naturally occurring luminescent white metal that is 95% pure in jewellery – which makes it the perfect purchase for a significant day like Akshay Tritiya. Akshaya means immortal or something that is indestructible, and Tritiya means third lunar day. The attributes of the metal Platinum closely resonates to the piousness of this festival. The natural white
Pink Diamonds Outperformed Blues & Yellows in Q1
New York: The Fancy Color Research Foundation (FCRF) has announced the results of the Q1 2019 Fancy Color Diamond Index. The overall prices decreased by 0.2% in the first quarter of 2019, influenced by a decrease in the Yellow category. Pink Diamonds increased by 0.5%, Blue Diamonds showed a very slight decrease of 0.2%, and Yellow Diamonds decreased by 1.5%.
DPA Releases 1st 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, has 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
Gold Demand Increased by 7% in Q1
Mumbai: The global gold demand increased to 1,053.3t in the first quarter of 2019, up by 7% on the same period last year, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This year-on-year increase was largely due to continued growth in central bank buying, as well as growth in gold-backed exchange-traded funds (ETFs). Central banks bought
Celebrate this Akshaya Tritiya with Platinum
Mumbai: Platinum is a naturally occurring luminescent white metal that is 95% pure in jewellery – which makes it the perfect purchase for a significant day like Akshay Tritiya. Akshaya means immortal or something that is indestructible, and Tritiya means third lunar day. The attributes of the metal Platinum closely resonates to the piousness of this festival. The natural white
