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

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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

Read More »

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Enjoy this Valentine's Day with Platinum

Mumbai: Discovering a love that uplifts you, & pushes you to be the best version of yourself is truly rare. Respect for each other’s individuality begets a relationship of equals – a relationship free from societal dictates and gender-defined roles. It is a strong relationship where love is a given but in addition to it is a deep understanding of

Read More »

IGI Certifies 24 Lakh Pieces of Diamond Jewellery in '18

Mumbai: The International Gemological Institute (IGI), the largest global independent gem certification and appraisal institute in India, has certified over 24 lac pieces of diamond jewelry at the laboratory based out of India alone, in 2018. The rise in number is clearly a sign of a more informed and conscious customer base becoming persistent on a certificate from an international

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Indian Budget Does Not Reduce Gold Import Duty

Mumbai: India’s Finance Minister Mr. Piyush Goyal recently presented a vote on account budget which proposed no direct proposals for the G&J Sector. But the budget has some proposals like rise in income tax slab and incentives for farmers would improve buying capacity. It has not proposed to reduce the import duty on Gold which is 10% at present. Here

Read More »

Rajesh Exports Declares Q3 Results

(By Evaluate Research) Bangalore: Rajesh Exports reported results for the third quarter ended December 2018 which were slightly below our estimates. Revenue for the quarter came in at Rs.440.1 bn, increasing by 6.5% on a YoY basis. Similarly, EPS grew by 4.7% to Rs.10.70 in 3Q2019 from Rs.10.21 in the corresponding period last year. Gross profit margin for the period was 1.28%

Read More »

Enjoy this Valentine's Day with Platinum

Mumbai: Discovering a love that uplifts you, & pushes you to be the best version of yourself is truly rare. Respect for each other’s individuality begets a relationship of equals – a relationship free from societal dictates and gender-defined roles. It is a strong relationship where love is a given but in addition to it is a deep understanding of

Read More »

IGI Certifies 24 Lakh Pieces of Diamond Jewellery in '18

Mumbai: The International Gemological Institute (IGI), the largest global independent gem certification and appraisal institute in India, has certified over 24 lac pieces of diamond jewelry at the laboratory based out of India alone, in 2018. The rise in number is clearly a sign of a more informed and conscious customer base becoming persistent on a certificate from an international

Read More »

Indian Budget Does Not Reduce Gold Import Duty

Mumbai: India’s Finance Minister Mr. Piyush Goyal recently presented a vote on account budget which proposed no direct proposals for the G&J Sector. But the budget has some proposals like rise in income tax slab and incentives for farmers would improve buying capacity. It has not proposed to reduce the import duty on Gold which is 10% at present. Here

Read More »

Rajesh Exports Declares Q3 Results

(By Evaluate Research) Bangalore: Rajesh Exports reported results for the third quarter ended December 2018 which were slightly below our estimates. Revenue for the quarter came in at Rs.440.1 bn, increasing by 6.5% on a YoY basis. Similarly, EPS grew by 4.7% to Rs.10.70 in 3Q2019 from Rs.10.21 in the corresponding period last year. Gross profit margin for the period was 1.28%

Read More »

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