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

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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

Read More »

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CIBJO Participating in ECOSOC High-Level Segment

New York: CIBJO President Gaetano Cavalieri is participating in the annual High-Level Segment of the Economic and Social Council (ECOSOC) currently underway in New York, where just prior to the meeting the council’s Secretary General approved and distributed a statement on the jewellery industry’s contribution to the UN development programme that had been submitted by the World Jewellery Confederation. The

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SRDC Unveils its New Avatar as IIG

Mumbai: Shri Rajendra Diamond Classes (SRDC), one of India’s premier gemological institutes officially announced its rebranding as IIG (International Institute of Gemology) at a grand ceremony on July 19. To mark this proud milestone, Mr Ramnikbhai Shah, founder of leading diamond manufacturing house Venus Jewel and Mr Arvindbhai Parikh, MD and founding partner of Crystal Diamonds inaugurated IIG’s new institute

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GJEPC's Vigilance Helps Unearth Money Laundering

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) thanks the Government of India and DRI for the thorough investigations exposing the Rs. 3,000 crore import scam. As the apex organisation entrusted with the welfare of 6,000-plus members and more than 5 million livelihoods dependent on this industry, we have been taking initiatives time and again to sensitise the government about any irregularities.

Read More »

Rio Tinto Unveils Its Largest Vivid Pink Diamond

Sydney: Rio Tinto has unveiled the largest Vivid Pink diamond in the history of its Argyle Pink Diamonds Tender, during a world exclusive preview in Sydney. The 3.14 carat polished emerald cut diamond, known as The Argyle Alpha™, is part of the dazzling line-up of 63 rare pink, red and violet diamonds in the 2018 Argyle Pink Diamonds Tender. Following

Read More »

CIBJO Participating in ECOSOC High-Level Segment

New York: CIBJO President Gaetano Cavalieri is participating in the annual High-Level Segment of the Economic and Social Council (ECOSOC) currently underway in New York, where just prior to the meeting the council’s Secretary General approved and distributed a statement on the jewellery industry’s contribution to the UN development programme that had been submitted by the World Jewellery Confederation. The

Read More »

SRDC Unveils its New Avatar as IIG

Mumbai: Shri Rajendra Diamond Classes (SRDC), one of India’s premier gemological institutes officially announced its rebranding as IIG (International Institute of Gemology) at a grand ceremony on July 19. To mark this proud milestone, Mr Ramnikbhai Shah, founder of leading diamond manufacturing house Venus Jewel and Mr Arvindbhai Parikh, MD and founding partner of Crystal Diamonds inaugurated IIG’s new institute

Read More »

GJEPC's Vigilance Helps Unearth Money Laundering

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) thanks the Government of India and DRI for the thorough investigations exposing the Rs. 3,000 crore import scam. As the apex organisation entrusted with the welfare of 6,000-plus members and more than 5 million livelihoods dependent on this industry, we have been taking initiatives time and again to sensitise the government about any irregularities.

Read More »

Rio Tinto Unveils Its Largest Vivid Pink Diamond

Sydney: Rio Tinto has unveiled the largest Vivid Pink diamond in the history of its Argyle Pink Diamonds Tender, during a world exclusive preview in Sydney. The 3.14 carat polished emerald cut diamond, known as The Argyle Alpha™, is part of the dazzling line-up of 63 rare pink, red and violet diamonds in the 2018 Argyle Pink Diamonds Tender. Following

Read More »

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