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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
No Prisoners in Tihar will be Left Jobless: GJC
New Delhi: All India Gems & Jewellery Domestic Council (GJC) along with GJSCI is helping Tihar Jail inmates to become jewellery artisans. Speaking at the Occasion, Mr. Nitin Khandelwal, Chairman- GJC expressed that we are ensuring that no prisoners in Tihar will be left jobless and they will get a decent job and peaceful livelihood once they are free. According
World Diamond Congress during Oct in Mumbai
Antwerp: The World Federation of Diamond Bourses (WFDB) has announced that the 2018 World Diamond Congress, the biannual meeting of the WFDB and the International Diamond Manufacturers Association (IDMA), will take place in Mumbai, India, during the latter part of October. This year’s Congress was due to take place in Tel Aviv from June 19 to 21. WFDB President Mr.
VOD DIJS from 14 to 17 November, 2018
Dubai: The VOD Dubai International Jewellery Show (VOD DIJS), the MENA’s only B2B and B2C jewellery industry mega event, returns for its second instalment on November 14 to 17 at Dubai World Trade Centre (DWTC). Tools such as the pre-promotional road show and hosted buyers program have been designed to give maximum support for the event exhibitors. The road show,
WGC Releases Gold and Climate Change Report
Mumbai: World Gold Council (WGC) has released the Gold and Climate Change Report yesterday. It represents WGC’s initial findings which confirm that whilst there is limited published data on gold’s global carbon footprint, total Greenhouse Gas (GHG) emissions from newly-mined gold are significantly lower than those from other major metals and mined products. Marking one year since the recommendations from the
No Prisoners in Tihar will be Left Jobless: GJC
New Delhi: All India Gems & Jewellery Domestic Council (GJC) along with GJSCI is helping Tihar Jail inmates to become jewellery artisans. Speaking at the Occasion, Mr. Nitin Khandelwal, Chairman- GJC expressed that we are ensuring that no prisoners in Tihar will be left jobless and they will get a decent job and peaceful livelihood once they are free. According
World Diamond Congress during Oct in Mumbai
Antwerp: The World Federation of Diamond Bourses (WFDB) has announced that the 2018 World Diamond Congress, the biannual meeting of the WFDB and the International Diamond Manufacturers Association (IDMA), will take place in Mumbai, India, during the latter part of October. This year’s Congress was due to take place in Tel Aviv from June 19 to 21. WFDB President Mr.
VOD DIJS from 14 to 17 November, 2018
Dubai: The VOD Dubai International Jewellery Show (VOD DIJS), the MENA’s only B2B and B2C jewellery industry mega event, returns for its second instalment on November 14 to 17 at Dubai World Trade Centre (DWTC). Tools such as the pre-promotional road show and hosted buyers program have been designed to give maximum support for the event exhibitors. The road show,
WGC Releases Gold and Climate Change Report
Mumbai: World Gold Council (WGC) has released the Gold and Climate Change Report yesterday. It represents WGC’s initial findings which confirm that whilst there is limited published data on gold’s global carbon footprint, total Greenhouse Gas (GHG) emissions from newly-mined gold are significantly lower than those from other major metals and mined products. Marking one year since the recommendations from the
