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

IIGJ, Jaipur Released Annual Souvenir

Jaipur: Indian Institute of Gems & Jewellery released their annual souvenir on 27th of May, 2018. On this occasion the directors of Indian Institute of Gems & Jewellery Jaipur Shri Pramod Agarwal (Chairman – GJEPC), Shri Sudhir Kasliwal (Honorary Secretary, IIGJJ), Shri Rajiv Arora (Director, IIGJJ), Dr. Nawal Agarwal (Director, IIGJJ), Shri Vijay Kedia (Director, IIGJJ) and other eminent trade personalities

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Kolkata Gets its First Forevermark Boutique

Kolkata: Forevermark, the diamond brand from the De Beers Group of Companies, opens its exclusive boutique in Kolkata for the first time ever. The Forevermark Boutique is only the second such store in the world. Housed at South City Mall in Kolkata, the boutique exclusively carries Forevermark which are the world’s most carefully selected diamonds in a wide variety of jewellery and loose assortment. Every Forevermark

Read More »

CIBJO President Meets Pope Francis I in Vatican

Milan: CIBJO President Gaetano Cavalieri has had a private audience with Pope Francis I, the head of Catholic Church. It took place during a conference in Vatican City in Rome on Saturday, organised by the Centesimus Annus pro Pontifice Foundation on the theme, “New Policies and Lifestyles in the Digital Age.” During their discussion, Dr. Cavalieri stressed the responsibility of the business

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ABN Amro Closing NY, Dubai Diamond Lending Offices

New York: ABN Amro is closing its diamond and jewelry lending offices in both New York and Dubai as it continues to cut back on financing to the trade as a whole, reports National Jewellery. Brigitte Seegers, a spokeswoman for the Amsterdam-based bank, said it made the announcement during its first quarter earnings call May 14 that it will “discontinue”

Read More »

IIGJ, Jaipur Released Annual Souvenir

Jaipur: Indian Institute of Gems & Jewellery released their annual souvenir on 27th of May, 2018. On this occasion the directors of Indian Institute of Gems & Jewellery Jaipur Shri Pramod Agarwal (Chairman – GJEPC), Shri Sudhir Kasliwal (Honorary Secretary, IIGJJ), Shri Rajiv Arora (Director, IIGJJ), Dr. Nawal Agarwal (Director, IIGJJ), Shri Vijay Kedia (Director, IIGJJ) and other eminent trade personalities

Read More »

Kolkata Gets its First Forevermark Boutique

Kolkata: Forevermark, the diamond brand from the De Beers Group of Companies, opens its exclusive boutique in Kolkata for the first time ever. The Forevermark Boutique is only the second such store in the world. Housed at South City Mall in Kolkata, the boutique exclusively carries Forevermark which are the world’s most carefully selected diamonds in a wide variety of jewellery and loose assortment. Every Forevermark

Read More »

CIBJO President Meets Pope Francis I in Vatican

Milan: CIBJO President Gaetano Cavalieri has had a private audience with Pope Francis I, the head of Catholic Church. It took place during a conference in Vatican City in Rome on Saturday, organised by the Centesimus Annus pro Pontifice Foundation on the theme, “New Policies and Lifestyles in the Digital Age.” During their discussion, Dr. Cavalieri stressed the responsibility of the business

Read More »

ABN Amro Closing NY, Dubai Diamond Lending Offices

New York: ABN Amro is closing its diamond and jewelry lending offices in both New York and Dubai as it continues to cut back on financing to the trade as a whole, reports National Jewellery. Brigitte Seegers, a spokeswoman for the Amsterdam-based bank, said it made the announcement during its first quarter earnings call May 14 that it will “discontinue”

Read More »

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