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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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Forevermark Unveils the Red Carpet Edition at Rivana
Mumbai: Rivana Gold and Diamonds, renowned for their couture designs unveiled a Red Carpet Edition crafted in Forevermark Diamond this Women’s Day. The collection was unveiled in esteemed presence of Mr. Stephen Lussier, CEO of Forevermark, Mr. Sachin Jain, President (India) of Forevermark & Vaishali Shah, Director, Rivana Gold & Diamonds along with loyalists of Rivana. The event received an overwhelming
CIBJO Releases "Do's & Don'ts" Guide
Milan: CIBJO, the World Jewellery Confederation, has released a simplified guide to ethical and responsible practices in the handling and trading of diamonds, coloured gemstones, pearls and coral, and has made it available for downloading in PDF format from the CIBJO website, in multiple languages, free of charge. The 10-page to 13-page document, depending on the language in which it
Zimbabwe Accused of Producing Conflict Diamonds
Harare: The Kimberly Process (KP) Civil Society Coalition has called on the diamond watchdog to classify Zimbabwe’s stones as conflict diamonds to prevent their sale on the formal market. Natural Resource Governance director Farai Maguwu was quoted in a communique released by a coalition of the civil society organisations as saying that the army in Zimbabwe was involved in human
Platinum Jewellery Inspired by Paintings
Mumbai: In a unique effort, renowned jeweller & a fêted artist Rajiv Popley merges two art forms to bring to you an exquisite line of platinum jewellery inspired by his own collection of paintings. A curated collection that can never be made twice, all originals in rare and precious – Platinum. One of the riveting pieces from this collection is
Forevermark Unveils the Red Carpet Edition at Rivana
Mumbai: Rivana Gold and Diamonds, renowned for their couture designs unveiled a Red Carpet Edition crafted in Forevermark Diamond this Women’s Day. The collection was unveiled in esteemed presence of Mr. Stephen Lussier, CEO of Forevermark, Mr. Sachin Jain, President (India) of Forevermark & Vaishali Shah, Director, Rivana Gold & Diamonds along with loyalists of Rivana. The event received an overwhelming
CIBJO Releases "Do's & Don'ts" Guide
Milan: CIBJO, the World Jewellery Confederation, has released a simplified guide to ethical and responsible practices in the handling and trading of diamonds, coloured gemstones, pearls and coral, and has made it available for downloading in PDF format from the CIBJO website, in multiple languages, free of charge. The 10-page to 13-page document, depending on the language in which it
Zimbabwe Accused of Producing Conflict Diamonds
Harare: The Kimberly Process (KP) Civil Society Coalition has called on the diamond watchdog to classify Zimbabwe’s stones as conflict diamonds to prevent their sale on the formal market. Natural Resource Governance director Farai Maguwu was quoted in a communique released by a coalition of the civil society organisations as saying that the army in Zimbabwe was involved in human
Platinum Jewellery Inspired by Paintings
Mumbai: In a unique effort, renowned jeweller & a fêted artist Rajiv Popley merges two art forms to bring to you an exquisite line of platinum jewellery inspired by his own collection of paintings. A curated collection that can never be made twice, all originals in rare and precious – Platinum. One of the riveting pieces from this collection is
