Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Top News
Coimbatore Gets Common Facility Centre
Mumbai: India’s Minister for Commerce & Industry and Civil Aviation, Mr. Suresh Prabhu laid the foundation of the Common Facility Centre (CFC) at Coimbatore – the ‘Ratna Abhushan Suvidha Kendra’, is a project by the Gem & Jewellery Export Promotion Council (GJEPC), sponsored by the Ministry of Commerce & Industry. Present on the occasion were Mr. B Sabarinath (President, Coimbatore
DPA Launches New Diamond Campaign
Mumbai: Diamond Producers Association (DPA) recently announced the third wave of the Real is Rare, Real is a Diamond campaign. Entitled ‘For Me, From Me’, the campaign is inspired by the natural diamond industry’s strongest growth engine, women self-purchase, which today represents one-third of all diamond jewelry sales in the US, a $43 billion diamond market that grew +4% in
De Beers' Revenue Grows in 2018
London: Anglo American said De Beers’ revenue leaped 4% to $6.1 billion in 2018 compared with $5.8 billion, a year earlier. The diversified mining group, which has an 85% stake in De Beers, said rough diamond sales also increased by 4% to $5.4 billion against $5.2 billion in 2017, driven by improved overall consumer demand for diamond jewellery and a 1%
AWDC to Promote its Diamond Trade in Mexico
Antwerp: The Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, from 16 to 20 February 2019 will participate in the Royal Mission to Mexico. Currently, Mexico mainly imports polished diamonds from the United States. This Royal Mission is therefore the ideal opportunity to promote the Antwerp diamond trade in Mexico and to ensure that Mexican
Coimbatore Gets Common Facility Centre
Mumbai: India’s Minister for Commerce & Industry and Civil Aviation, Mr. Suresh Prabhu laid the foundation of the Common Facility Centre (CFC) at Coimbatore – the ‘Ratna Abhushan Suvidha Kendra’, is a project by the Gem & Jewellery Export Promotion Council (GJEPC), sponsored by the Ministry of Commerce & Industry. Present on the occasion were Mr. B Sabarinath (President, Coimbatore
DPA Launches New Diamond Campaign
Mumbai: Diamond Producers Association (DPA) recently announced the third wave of the Real is Rare, Real is a Diamond campaign. Entitled ‘For Me, From Me’, the campaign is inspired by the natural diamond industry’s strongest growth engine, women self-purchase, which today represents one-third of all diamond jewelry sales in the US, a $43 billion diamond market that grew +4% in
De Beers' Revenue Grows in 2018
London: Anglo American said De Beers’ revenue leaped 4% to $6.1 billion in 2018 compared with $5.8 billion, a year earlier. The diversified mining group, which has an 85% stake in De Beers, said rough diamond sales also increased by 4% to $5.4 billion against $5.2 billion in 2017, driven by improved overall consumer demand for diamond jewellery and a 1%
AWDC to Promote its Diamond Trade in Mexico
Antwerp: The Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, from 16 to 20 February 2019 will participate in the Royal Mission to Mexico. Currently, Mexico mainly imports polished diamonds from the United States. This Royal Mission is therefore the ideal opportunity to promote the Antwerp diamond trade in Mexico and to ensure that Mexican
