Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Read More »

Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Read More »

Top News

Forevermark Supports Women Advancement

Mumbai: Forevermark, the diamond brand from the De Beers Group of Companies, promoted gender equality and displayed its stunning Red Carpet Collection 2018 through a unique fashion show of models and women achievers today at the Four Seasons Hotel, Mumbai. Acknowledging the De Beers Group’s three-year partnership with UN Women, Forevermark invited over 20 women who have contributed to women

Read More »

New Alert Against HPHT Treated Diamonds

Hong Kong:  Diamond Services, the Hong Kong-headquartered developer of technological systems and services for detecting synthetic, imitation and treated diamonds, has issued a worldwide alert to the jewellery and gemstone trades stating that research it has conducted indicates that synthetic diamonds, which have created under conditions of High Pressure-High Temperature (HPHT) and then subject to irradiation treatment, may be escaping

Read More »

De Beers 3rd Cycle Yields $520 mn

Gaborone: De Beers said its third sightholder sale of the year has provisionally raked in $520 million compared with $586 million, a year earlier. The company earned $563 million from its second sales cycle of 2018. “While the second quarter of the year is traditionally a seasonally slower period, we continued to see good rough diamond demand in the third

Read More »

Fura Gems Unveils Plans to Expand Business in India

Targeting 8% – 10% share of the $2 billion global colored gemstone market in 3 years The highly experienced and strong management team of Fura Gems will organize the unorganized colored gemstone sector Exploring various gemstone mining projects in India and planning to work with the central and state governments to reduce the reliance on imports of gemstones Fura Gems

Read More »

Forevermark Supports Women Advancement

Mumbai: Forevermark, the diamond brand from the De Beers Group of Companies, promoted gender equality and displayed its stunning Red Carpet Collection 2018 through a unique fashion show of models and women achievers today at the Four Seasons Hotel, Mumbai. Acknowledging the De Beers Group’s three-year partnership with UN Women, Forevermark invited over 20 women who have contributed to women

Read More »

New Alert Against HPHT Treated Diamonds

Hong Kong:  Diamond Services, the Hong Kong-headquartered developer of technological systems and services for detecting synthetic, imitation and treated diamonds, has issued a worldwide alert to the jewellery and gemstone trades stating that research it has conducted indicates that synthetic diamonds, which have created under conditions of High Pressure-High Temperature (HPHT) and then subject to irradiation treatment, may be escaping

Read More »

De Beers 3rd Cycle Yields $520 mn

Gaborone: De Beers said its third sightholder sale of the year has provisionally raked in $520 million compared with $586 million, a year earlier. The company earned $563 million from its second sales cycle of 2018. “While the second quarter of the year is traditionally a seasonally slower period, we continued to see good rough diamond demand in the third

Read More »

Fura Gems Unveils Plans to Expand Business in India

Targeting 8% – 10% share of the $2 billion global colored gemstone market in 3 years The highly experienced and strong management team of Fura Gems will organize the unorganized colored gemstone sector Exploring various gemstone mining projects in India and planning to work with the central and state governments to reduce the reliance on imports of gemstones Fura Gems

Read More »

Latest Videos