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

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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

Read More »

Top News

GIA to Present Product & Service Developments at IIJS

Mumbai: GIA India will present laboratory and education offerings, live demonstrations of the GIA iD100 gem testing device, complimentary seminars and more at the India International Jewellery Show (IIJS) from 9-13 August, 2018 at Bombay Exhibition Centre, Mumbai. To learn more about GIA India’s offerings, visitors can step in to Booth #1D066 and Booth #2B003. Live demonstrations of GIA iD100, which

Read More »

PNG Jewellers Reveals Plans for Rapid Expansion

Mumbai: In a bid to take its legacy to even greater heights, PNG Jewellers announced its plans to initiate a franchise model for the first time at a recent press conference. Named ‘IFO-Initial Franchise offering’, the programme aims to intensively increase the penetration of the jewellery brand in both Tier I and Tier II cities in Maharashtra within the next

Read More »

5 Carat+ Grading Service at Mumbai by HRD Antwerp

Mumbai: Diamond grading for higher carats has traditionally been a time consuming and costly process for the traders who send in their stones to the labs overseas and further await the grading reports that are sent from international locations thereby adding to the time lines. There has been a constant demand to make higher grading available within India. This emerges

Read More »

Banking Finance Support to G&J Sector Declined by 10%

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), apex body for the gem and jewellery trade in India, set up by the Ministry of Commerce and Industry, today stated that there has been at least 10 percent decline in bank finance to the gem and jewellery sector which is going to adversely impact exports out of the country. This

Read More »

GIA to Present Product & Service Developments at IIJS

Mumbai: GIA India will present laboratory and education offerings, live demonstrations of the GIA iD100 gem testing device, complimentary seminars and more at the India International Jewellery Show (IIJS) from 9-13 August, 2018 at Bombay Exhibition Centre, Mumbai. To learn more about GIA India’s offerings, visitors can step in to Booth #1D066 and Booth #2B003. Live demonstrations of GIA iD100, which

Read More »

PNG Jewellers Reveals Plans for Rapid Expansion

Mumbai: In a bid to take its legacy to even greater heights, PNG Jewellers announced its plans to initiate a franchise model for the first time at a recent press conference. Named ‘IFO-Initial Franchise offering’, the programme aims to intensively increase the penetration of the jewellery brand in both Tier I and Tier II cities in Maharashtra within the next

Read More »

5 Carat+ Grading Service at Mumbai by HRD Antwerp

Mumbai: Diamond grading for higher carats has traditionally been a time consuming and costly process for the traders who send in their stones to the labs overseas and further await the grading reports that are sent from international locations thereby adding to the time lines. There has been a constant demand to make higher grading available within India. This emerges

Read More »

Banking Finance Support to G&J Sector Declined by 10%

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), apex body for the gem and jewellery trade in India, set up by the Ministry of Commerce and Industry, today stated that there has been at least 10 percent decline in bank finance to the gem and jewellery sector which is going to adversely impact exports out of the country. This

Read More »

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