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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
Top News
Global Diamond Jewellery Sales Reach Record High
Mumbai: The Millennial and Gen Z generations combined accounted for two-thirds of global diamond jewellery sales in 2017, as diamond jewellery demand reached a new record high of US$82 billion, according to data published today by De Beers Group in its latest Diamond Insight Report. Millennials, those people currently aged 21 to 39, represent 29 per cent of the world’s population and
CIBJO Releases Ethics Commission Special Report
Milan: With fewer than five weeks to go to the opening of the 2018 CIBJO Congress in Bogotá, Colombia, on October 15, 2018, the fifth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Tiffany C. Stevens, the report focuses exclusively on the newly revised Guides for the Jewelry, Precious Metals, and Pewter Industries, released in
IIG Hosts Exclusive Talk with Arunkumar Mehta
Mumbai: The International Institute of Gemology (IIG) recently hosted a seminar by Mr. Arunkumar Mehta, founder of Rosy Blue, one of the world’s leading diamantaires with a presence in 12 countries globally. Over the course of the talk, Mr. Mehta shared valuable insights into the diamond industry in India. He explored the history of the industry, noting that when he
NDT's 10 ct Lab-Grown Fancy Intense Yellow Diamond
Hong Kong: New Diamond Technology (NDT) will showcase its 10.06 carat, SI Clarity HPHT, octagonal step cut Fancy Intense Yellow diamond at September Hong Kong Jewellery & Gem Fair. “This is the only one officially known Fancy Intense Yellow of 10 carat lab-grown diamond,” said NDT President Tamazi Khikhinashvili. Commenting IGI Worldwide co-CEO Marc Brauner: “This NDT 10.06 carat stone is unique in all aspects,
Global Diamond Jewellery Sales Reach Record High
Mumbai: The Millennial and Gen Z generations combined accounted for two-thirds of global diamond jewellery sales in 2017, as diamond jewellery demand reached a new record high of US$82 billion, according to data published today by De Beers Group in its latest Diamond Insight Report. Millennials, those people currently aged 21 to 39, represent 29 per cent of the world’s population and
CIBJO Releases Ethics Commission Special Report
Milan: With fewer than five weeks to go to the opening of the 2018 CIBJO Congress in Bogotá, Colombia, on October 15, 2018, the fifth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Tiffany C. Stevens, the report focuses exclusively on the newly revised Guides for the Jewelry, Precious Metals, and Pewter Industries, released in
IIG Hosts Exclusive Talk with Arunkumar Mehta
Mumbai: The International Institute of Gemology (IIG) recently hosted a seminar by Mr. Arunkumar Mehta, founder of Rosy Blue, one of the world’s leading diamantaires with a presence in 12 countries globally. Over the course of the talk, Mr. Mehta shared valuable insights into the diamond industry in India. He explored the history of the industry, noting that when he
NDT's 10 ct Lab-Grown Fancy Intense Yellow Diamond
Hong Kong: New Diamond Technology (NDT) will showcase its 10.06 carat, SI Clarity HPHT, octagonal step cut Fancy Intense Yellow diamond at September Hong Kong Jewellery & Gem Fair. “This is the only one officially known Fancy Intense Yellow of 10 carat lab-grown diamond,” said NDT President Tamazi Khikhinashvili. Commenting IGI Worldwide co-CEO Marc Brauner: “This NDT 10.06 carat stone is unique in all aspects,
