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

China Cuts Import Tariffs on 18 Jewellery Categories

Beijing: China will be slashing import taxes on jewellery, as part of tariff reductions on a wide range of consumer goods, as of July 1. The Customs Tariff Commission of the State Council in China issued the “Notice on Reducing the Import Tariffs of Daily Consumer Goods” last week. According to the notice, China will cut Most Favored Nation (MFN)

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Zimbabwe will not Recover Missing Diamonds Revenue

Harare: The Mines Parliamentary Portfolio Committee on Thursday ruled that it would be difficult for Zimbabwe to recover its missing diamond revenues from some of the people implicated in the scam, reports NewsDay. The committee told Parliament’s last sitting on Thursday that it was now clear that the country would not recover its $15 billion missing diamonds revenue after former

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Tanishq Claims to be the Best for Exchange

Mumbai: Tanishq was the first jeweller in the country to spot the evolving needs of the new Indian jewellery buyer – where the ask was to make gold jewellery more contemporary, design-led and more light where she could wear it every day, not just confining to key occasions. Why upgrade? The unorganised jewellery market in India is 90% and there

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HRD Antwerp Collaborates with Gem Lab

Antwerp: HRD Antwerp and Gem Lab, a division of Malca-Amit Group announced a new collaborative service whereby Gem Lab becomes an authorized ‘HRD Antwerp LabDirect Program’ participant. Gem Lab will serve as the point of contact for clients in their network who wish to obtain an HRD Antwerp grading report. They will handle all logistics and administration, allowing HRD Antwerp

Read More »

China Cuts Import Tariffs on 18 Jewellery Categories

Beijing: China will be slashing import taxes on jewellery, as part of tariff reductions on a wide range of consumer goods, as of July 1. The Customs Tariff Commission of the State Council in China issued the “Notice on Reducing the Import Tariffs of Daily Consumer Goods” last week. According to the notice, China will cut Most Favored Nation (MFN)

Read More »

Zimbabwe will not Recover Missing Diamonds Revenue

Harare: The Mines Parliamentary Portfolio Committee on Thursday ruled that it would be difficult for Zimbabwe to recover its missing diamond revenues from some of the people implicated in the scam, reports NewsDay. The committee told Parliament’s last sitting on Thursday that it was now clear that the country would not recover its $15 billion missing diamonds revenue after former

Read More »

Tanishq Claims to be the Best for Exchange

Mumbai: Tanishq was the first jeweller in the country to spot the evolving needs of the new Indian jewellery buyer – where the ask was to make gold jewellery more contemporary, design-led and more light where she could wear it every day, not just confining to key occasions. Why upgrade? The unorganised jewellery market in India is 90% and there

Read More »

HRD Antwerp Collaborates with Gem Lab

Antwerp: HRD Antwerp and Gem Lab, a division of Malca-Amit Group announced a new collaborative service whereby Gem Lab becomes an authorized ‘HRD Antwerp LabDirect Program’ participant. Gem Lab will serve as the point of contact for clients in their network who wish to obtain an HRD Antwerp grading report. They will handle all logistics and administration, allowing HRD Antwerp

Read More »

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