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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
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GJEPC and Banks Deliberated on Mitigating Risks
Mumbai: Hon’ble Minister for Commerce and Industry and Civil Aviation, Mr. Suresh Prabhu today unveiled a white paper drafted by GJEPC at the one-day seminar titled “Diamond and Jewellery Financing 2018: Mitigating Risks Effectively.” The event organized by the Gems and Jewellery industry to find ways to reduce risks and infuse confidence into financiers, attended by leading banks and financial

GJEPC & AWDC Sign MoU on MyKYCBank Partnership
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) and Antwerp World Diamond Centre (AWDC), together today signed a Memorandum of Understanding (MoU) that would prove to be a powerful new tool to bring greater compliance and transparency to diamond transactions. The know-your-customer (KYC) exchange platform, called MyKYCBank, provides a centralized platform for companies in the diamond industry to complete

The World Diamond Congress 2018 is Cancelled
Antwerp: The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that as a result of the weak response to registration for the 38th World Diamond Congress due to be held in Tel Aviv, Israel, from June 19 to 21, no doubt also influenced by the rising tension in the region, they have reached

2018 CIBJO Congress from 15 to 17 October
Milan: CIBJO, the World Jewellery Confederation, will hold its 2018 annual congress in Bogotá, Colombia, October 15-17, with pre-congress meetings beginning on October 13. The congress will be hosted by Fedesmeraldas, the National Federation of Emeralds of Colombia, which this year will be a celebrating the 20th anniversary of its founding. Immediately prior to the event, from October 12 to

GJEPC and Banks Deliberated on Mitigating Risks
Mumbai: Hon’ble Minister for Commerce and Industry and Civil Aviation, Mr. Suresh Prabhu today unveiled a white paper drafted by GJEPC at the one-day seminar titled “Diamond and Jewellery Financing 2018: Mitigating Risks Effectively.” The event organized by the Gems and Jewellery industry to find ways to reduce risks and infuse confidence into financiers, attended by leading banks and financial

GJEPC & AWDC Sign MoU on MyKYCBank Partnership
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) and Antwerp World Diamond Centre (AWDC), together today signed a Memorandum of Understanding (MoU) that would prove to be a powerful new tool to bring greater compliance and transparency to diamond transactions. The know-your-customer (KYC) exchange platform, called MyKYCBank, provides a centralized platform for companies in the diamond industry to complete

The World Diamond Congress 2018 is Cancelled
Antwerp: The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that as a result of the weak response to registration for the 38th World Diamond Congress due to be held in Tel Aviv, Israel, from June 19 to 21, no doubt also influenced by the rising tension in the region, they have reached

2018 CIBJO Congress from 15 to 17 October
Milan: CIBJO, the World Jewellery Confederation, will hold its 2018 annual congress in Bogotá, Colombia, October 15-17, with pre-congress meetings beginning on October 13. The congress will be hosted by Fedesmeraldas, the National Federation of Emeralds of Colombia, which this year will be a celebrating the 20th anniversary of its founding. Immediately prior to the event, from October 12 to