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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
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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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
35th Edition of IIJS Inaugurated
Mumbai: Mr. Suresh Prabhu, Union Minister for Commerce & Industry & Civil Aviation through a tele-video address, along with Mr. Gaetano Cavalieri, President of CIBJO, Mr. Pramod Agrawal (Chairman, GJEPC), Mr. Colin Shah Vice Chairman, GJEPC), Shri Shailesh Sangani,(Convener, National Exhibitions GJEPC) Mr. Sabyasachi Ray (ED, GJEPC) , today inaugurated the prestigious 35th edition of the India International Jewellery Show (IIJS). Organised by
Carats.io Signs MOU with IDEX
London: Fintech startup Carats.io and online diamond-trading platform IDEX – International Diamond Exchange, have announced that they have signed a Memorandum of Understanding (MOU), according to which the two will cooperate in the areas of data analysis and the development of new financial vehicles for both the diamond industry and general public. These will be based on Carats.io’s Diamond Financial index (DFX)
GJEPC Organized Prelude to IIJS 2018
Mumbai: India’s Gem & Jewellery Export Promotion Council, GJEPC also organized, ‘Prelude to IIJS 2018’, a B2B event on 8th August at Hotel JW Marriot. The event featured 15 Jewellery Manufacturers showcasing their exquisite jewellery collections specially created for 35th India International Jewellery Show (IIJS). Throwing open the event, Chairman of GJEPC Mr. Pramod Agarwal said, “Prelude to the IIJS
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
35th Edition of IIJS Inaugurated
Mumbai: Mr. Suresh Prabhu, Union Minister for Commerce & Industry & Civil Aviation through a tele-video address, along with Mr. Gaetano Cavalieri, President of CIBJO, Mr. Pramod Agrawal (Chairman, GJEPC), Mr. Colin Shah Vice Chairman, GJEPC), Shri Shailesh Sangani,(Convener, National Exhibitions GJEPC) Mr. Sabyasachi Ray (ED, GJEPC) , today inaugurated the prestigious 35th edition of the India International Jewellery Show (IIJS). Organised by
Carats.io Signs MOU with IDEX
London: Fintech startup Carats.io and online diamond-trading platform IDEX – International Diamond Exchange, have announced that they have signed a Memorandum of Understanding (MOU), according to which the two will cooperate in the areas of data analysis and the development of new financial vehicles for both the diamond industry and general public. These will be based on Carats.io’s Diamond Financial index (DFX)
GJEPC Organized Prelude to IIJS 2018
Mumbai: India’s Gem & Jewellery Export Promotion Council, GJEPC also organized, ‘Prelude to IIJS 2018’, a B2B event on 8th August at Hotel JW Marriot. The event featured 15 Jewellery Manufacturers showcasing their exquisite jewellery collections specially created for 35th India International Jewellery Show (IIJS). Throwing open the event, Chairman of GJEPC Mr. Pramod Agarwal said, “Prelude to the IIJS
