Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
Top News
India's Platinum Demand to Grow by 25% in 2018
Hyderabad: “India may achieve 20% to 25% growth in platinum jewellery sales during 2018. This year, we are expecting the total market for platinum jewellery to grow 20% to 25% more than 2017 at the retail level. At the same time, manufacturing demand will grow by 30% to 40%,” said Ms. Vaishali Banerjee, the Managing Director of Platinum Guild India Pvt.
Global Diamond Production Soars in 2017
Antwerp: The Kimberley Process (KP) has summed up global rough diamond production for 2017, saying production jumped 19% to 151 million carats last year. Production jumped 29% in value terms to $15.87 billion in 2017. The average price per carat increased 8% to $105 per carat. Russia was again the largest producer, recording an output of $4.11 billion in value terms and
Lab-Grown Diamonds are Diamonds, Says FTC
New York: The Federal Trade Commission (FTC) has expanded its definition of “diamond” to include those grown in a laboratory, as part of several changes to its jewelry guidelines. The FTC’s previous definition of a diamond stated: “A diamond is a natural mineral consisting essentially of pure carbon crystallized in the isometric system.” This is no longer applicable, the commission
Set New Export Target of $75 Bln by '22: Suresh Prabhu
Mumbai: The Union Minister for Commerce & Industry and Civil Aviation Mr. Suresh Prabhu said that India’s exports in the year 2017-18 were the highest in last six years. He added that India’s exports have been growing at a higher rate in the last few months. He said that if we continue with this pace, India may be able to
India's Platinum Demand to Grow by 25% in 2018
Hyderabad: “India may achieve 20% to 25% growth in platinum jewellery sales during 2018. This year, we are expecting the total market for platinum jewellery to grow 20% to 25% more than 2017 at the retail level. At the same time, manufacturing demand will grow by 30% to 40%,” said Ms. Vaishali Banerjee, the Managing Director of Platinum Guild India Pvt.
Global Diamond Production Soars in 2017
Antwerp: The Kimberley Process (KP) has summed up global rough diamond production for 2017, saying production jumped 19% to 151 million carats last year. Production jumped 29% in value terms to $15.87 billion in 2017. The average price per carat increased 8% to $105 per carat. Russia was again the largest producer, recording an output of $4.11 billion in value terms and
Lab-Grown Diamonds are Diamonds, Says FTC
New York: The Federal Trade Commission (FTC) has expanded its definition of “diamond” to include those grown in a laboratory, as part of several changes to its jewelry guidelines. The FTC’s previous definition of a diamond stated: “A diamond is a natural mineral consisting essentially of pure carbon crystallized in the isometric system.” This is no longer applicable, the commission
Set New Export Target of $75 Bln by '22: Suresh Prabhu
Mumbai: The Union Minister for Commerce & Industry and Civil Aviation Mr. Suresh Prabhu said that India’s exports in the year 2017-18 were the highest in last six years. He added that India’s exports have been growing at a higher rate in the last few months. He said that if we continue with this pace, India may be able to
