Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself

Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger

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Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself

Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger

Read More »

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IIJS 2018 Generates Business Worth Rs. 8k Crore

Mumbai: The 35th edition of the India international Jewellery Show IIJS organised by GJEPC concluded in Mumbai today with a note of positivity and cheer for the entire trade. IIJS, a premium annual event received all round support with over 40,000 visitors from over 800 cities across 80 countries attending and previewing exhibitions of over 1300 exhibitors. GJEPC had organised a

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Wallace Chan to Speak at Gem-A Conference 2018

London: Gem-A (the Gemmological Association of Great Britain) will welcome internationally-recognised jewellery artist, Wallace Chan, to its annual Gem-A Conference opening on November 3, 2018. Mr. Chan will be the inaugural speaker at the two-day Conference, which gathers the world’s leading gemmologists, mining specialists, geologists, jewellery collectors, gemstone cutters and jewellery historians to London for a range of insightful talks

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GJEPC’s CSR initiative ‘Jewellers for Hope’

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), in association with De Beers and Powered by Gemological Institute of America (GIA), presented the fourth edition of ‘Jewellers for Hope’ on August 9. A gala charity dinner with an avowed objective to collaborate and contribute for the larger cause of preventing the exploitation of the child and as well support the cause of the

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GJEPC Signs MOU with Shenzen Diamond Exchange

Mumbai: The Chairman of The Gem & Jewellery Export Promotion Council (GJEPC), Mr. Pramod Agrawal and Vice President of the Shenzen Rough Diamond Exchange (SRDE), Mr. Rong Julius  Zheng, yesterday signed an MoU between the two organisations during the India International Jewellery Show (IIJS) 2018 taking place in Mumbai between August 9-13, 2018. The  GJEPC also announced that it would

Read More »

IIJS 2018 Generates Business Worth Rs. 8k Crore

Mumbai: The 35th edition of the India international Jewellery Show IIJS organised by GJEPC concluded in Mumbai today with a note of positivity and cheer for the entire trade. IIJS, a premium annual event received all round support with over 40,000 visitors from over 800 cities across 80 countries attending and previewing exhibitions of over 1300 exhibitors. GJEPC had organised a

Read More »

Wallace Chan to Speak at Gem-A Conference 2018

London: Gem-A (the Gemmological Association of Great Britain) will welcome internationally-recognised jewellery artist, Wallace Chan, to its annual Gem-A Conference opening on November 3, 2018. Mr. Chan will be the inaugural speaker at the two-day Conference, which gathers the world’s leading gemmologists, mining specialists, geologists, jewellery collectors, gemstone cutters and jewellery historians to London for a range of insightful talks

Read More »

GJEPC’s CSR initiative ‘Jewellers for Hope’

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), in association with De Beers and Powered by Gemological Institute of America (GIA), presented the fourth edition of ‘Jewellers for Hope’ on August 9. A gala charity dinner with an avowed objective to collaborate and contribute for the larger cause of preventing the exploitation of the child and as well support the cause of the

Read More »

GJEPC Signs MOU with Shenzen Diamond Exchange

Mumbai: The Chairman of The Gem & Jewellery Export Promotion Council (GJEPC), Mr. Pramod Agrawal and Vice President of the Shenzen Rough Diamond Exchange (SRDE), Mr. Rong Julius  Zheng, yesterday signed an MoU between the two organisations during the India International Jewellery Show (IIJS) 2018 taking place in Mumbai between August 9-13, 2018. The  GJEPC also announced that it would

Read More »

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