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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 Red Carpet Collection '19 by India
Mumbai: Since the time the De Beers’ diamond brand was launched, Forevermark diamonds have consistently graced the red carpets of all the most important events, worn by the most important celebrities. This year, 27 Indian retailers designed jewellery exclusively for the 91st Annual Academy Awards. “Inspired by the talent and strength of Hollywood’s leading women, the jewellery designs will be
WJA Unveils Designers of India Book
Mumbai: The Womes’s Jewelry Association (WJA) India, recently launched a coffee table book titled “Designers of India” during the inaugural ceremony of the 12th edition of IIJS SIGNATURE. The book was unveiled by the Guest of Honour, Dr Subodh Agarwal, Additional Chief Secretary, Industries, Government of Rajasthan. Also present on the occasion on the dais were Chairman GJEPC, Pramod Kumar
IIJS Signature and IGJME 2019 Inaugurated
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) presented the trade with two wonderful opportunities to commence the Year’s buying season with the 12th edition of Signature IIJS and the 6th edition of India Gem & Jewellery Machinery Expo (IGJME) from 10-13 February 2019 at the National Exhibition Centre, Goregaon, Mumbai. Dr. Subodh Kumar Agarwal (Addn. Chief Secretary – Industry, Govt. of Rajasthan) and Mr. Pramod
Boaz Moldawsky Elected as President of IDI
Ramat Gan: The board of the Israel Diamond Institute (IDI) has elected Mr. Boaz Moldawsky for a 3-year term as chairman, a press release from the IDI says. Moldawsky, who has served as acting chairman for the past year, has also been deputy president of the Israel Diamond Exchange (IDE), chairman of the finance committee, and a member of the
Forevermark Red Carpet Collection '19 by India
Mumbai: Since the time the De Beers’ diamond brand was launched, Forevermark diamonds have consistently graced the red carpets of all the most important events, worn by the most important celebrities. This year, 27 Indian retailers designed jewellery exclusively for the 91st Annual Academy Awards. “Inspired by the talent and strength of Hollywood’s leading women, the jewellery designs will be
WJA Unveils Designers of India Book
Mumbai: The Womes’s Jewelry Association (WJA) India, recently launched a coffee table book titled “Designers of India” during the inaugural ceremony of the 12th edition of IIJS SIGNATURE. The book was unveiled by the Guest of Honour, Dr Subodh Agarwal, Additional Chief Secretary, Industries, Government of Rajasthan. Also present on the occasion on the dais were Chairman GJEPC, Pramod Kumar
IIJS Signature and IGJME 2019 Inaugurated
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) presented the trade with two wonderful opportunities to commence the Year’s buying season with the 12th edition of Signature IIJS and the 6th edition of India Gem & Jewellery Machinery Expo (IGJME) from 10-13 February 2019 at the National Exhibition Centre, Goregaon, Mumbai. Dr. Subodh Kumar Agarwal (Addn. Chief Secretary – Industry, Govt. of Rajasthan) and Mr. Pramod
Boaz Moldawsky Elected as President of IDI
Ramat Gan: The board of the Israel Diamond Institute (IDI) has elected Mr. Boaz Moldawsky for a 3-year term as chairman, a press release from the IDI says. Moldawsky, who has served as acting chairman for the past year, has also been deputy president of the Israel Diamond Exchange (IDE), chairman of the finance committee, and a member of the
