Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

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Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Read More »

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CIBJO Urges Acceptance of Blue Books Standards

Milan: Speaking at an industry seminar in Hong Kong, CIBJO President Gaetano Cavalieri has urged both government authorities and jewellery and gemstone associations to incorporate the standards and nomenclature contained in the CIBJO Blue Books into their respective national guidelines, as a measure designed to facilitate more transparent and efficient international trade. The CIBJO Blue Books are definitive sets of

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Provisional Value of De Beers’ 2nd Site is $555 Mln.

Gaborone: De Beers sold rough diamonds with a provisional value of $555 million, following confirmed sales of $672 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018 compared with a provisional figure of $665 million. Bruce Cleaver, CEO, De Beers Group, said, “The second sales cycle of the year saw the continuation of good rough

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International Tender Center Exceeds Expectations

Ramat Gan: The International Tender Center (ITC), inaugurated by the Israel Diamond Exchange (IDE) in February 2017, has succeeded beyond expectations during its first year of activity. Due to this success, the bourse has announced that the center will be expanded later this year to encompass a venue for live auctions. ITC, a state-of-the-art facility located within the secure premises

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61st Bangkok G&J Fair Gets Record Success

Bangkok: The 61st Bangkok Gems and Jewelry Fair, organized by the Department of International Trade Promotion (DITP), Ministry of Commerce, was a resounding success with record breaking trade value to showcase the strength of Thailand’s gems and jewelry industry to the world. Held from February 21-25, 2018 at Challenger Hall 1-3, IMPACT Muang Thong Thani, the 61st edition of Bangkok

Read More »

CIBJO Urges Acceptance of Blue Books Standards

Milan: Speaking at an industry seminar in Hong Kong, CIBJO President Gaetano Cavalieri has urged both government authorities and jewellery and gemstone associations to incorporate the standards and nomenclature contained in the CIBJO Blue Books into their respective national guidelines, as a measure designed to facilitate more transparent and efficient international trade. The CIBJO Blue Books are definitive sets of

Read More »

Provisional Value of De Beers’ 2nd Site is $555 Mln.

Gaborone: De Beers sold rough diamonds with a provisional value of $555 million, following confirmed sales of $672 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018 compared with a provisional figure of $665 million. Bruce Cleaver, CEO, De Beers Group, said, “The second sales cycle of the year saw the continuation of good rough

Read More »

International Tender Center Exceeds Expectations

Ramat Gan: The International Tender Center (ITC), inaugurated by the Israel Diamond Exchange (IDE) in February 2017, has succeeded beyond expectations during its first year of activity. Due to this success, the bourse has announced that the center will be expanded later this year to encompass a venue for live auctions. ITC, a state-of-the-art facility located within the secure premises

Read More »

61st Bangkok G&J Fair Gets Record Success

Bangkok: The 61st Bangkok Gems and Jewelry Fair, organized by the Department of International Trade Promotion (DITP), Ministry of Commerce, was a resounding success with record breaking trade value to showcase the strength of Thailand’s gems and jewelry industry to the world. Held from February 21-25, 2018 at Challenger Hall 1-3, IMPACT Muang Thong Thani, the 61st edition of Bangkok

Read More »

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