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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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World Diamond Congress during Oct in Mumbai
Antwerp: The World Federation of Diamond Bourses (WFDB) has announced that the 2018 World Diamond Congress, the biannual meeting of the WFDB and the International Diamond Manufacturers Association (IDMA), will take place in Mumbai, India, during the latter part of October. This year’s Congress was due to take place in Tel Aviv from June 19 to 21. WFDB President Mr.
VOD DIJS from 14 to 17 November, 2018
Dubai: The VOD Dubai International Jewellery Show (VOD DIJS), the MENA’s only B2B and B2C jewellery industry mega event, returns for its second instalment on November 14 to 17 at Dubai World Trade Centre (DWTC). Tools such as the pre-promotional road show and hosted buyers program have been designed to give maximum support for the event exhibitors. The road show,
WGC Releases Gold and Climate Change Report
Mumbai: World Gold Council (WGC) has released the Gold and Climate Change Report yesterday. It represents WGC’s initial findings which confirm that whilst there is limited published data on gold’s global carbon footprint, total Greenhouse Gas (GHG) emissions from newly-mined gold are significantly lower than those from other major metals and mined products. Marking one year since the recommendations from the
India Shines at June 2018 HK Jewellery & Gems Fair
Hong Kong: Leading 42 gem & jewellery exhibitors from India participated under India Pavilion organized by Gem & Jewellery Export Promotion Council (GJEPC) at the June Hong Kong Jewellery & Gems Fair 2018. The event was held from 21 – 24 June 2018 at Hong Kong Convention & Exhibition Centre (HKCEC) with an exciting line up of exhibitors and special
World Diamond Congress during Oct in Mumbai
Antwerp: The World Federation of Diamond Bourses (WFDB) has announced that the 2018 World Diamond Congress, the biannual meeting of the WFDB and the International Diamond Manufacturers Association (IDMA), will take place in Mumbai, India, during the latter part of October. This year’s Congress was due to take place in Tel Aviv from June 19 to 21. WFDB President Mr.
VOD DIJS from 14 to 17 November, 2018
Dubai: The VOD Dubai International Jewellery Show (VOD DIJS), the MENA’s only B2B and B2C jewellery industry mega event, returns for its second instalment on November 14 to 17 at Dubai World Trade Centre (DWTC). Tools such as the pre-promotional road show and hosted buyers program have been designed to give maximum support for the event exhibitors. The road show,
WGC Releases Gold and Climate Change Report
Mumbai: World Gold Council (WGC) has released the Gold and Climate Change Report yesterday. It represents WGC’s initial findings which confirm that whilst there is limited published data on gold’s global carbon footprint, total Greenhouse Gas (GHG) emissions from newly-mined gold are significantly lower than those from other major metals and mined products. Marking one year since the recommendations from the
India Shines at June 2018 HK Jewellery & Gems Fair
Hong Kong: Leading 42 gem & jewellery exhibitors from India participated under India Pavilion organized by Gem & Jewellery Export Promotion Council (GJEPC) at the June Hong Kong Jewellery & Gems Fair 2018. The event was held from 21 – 24 June 2018 at Hong Kong Convention & Exhibition Centre (HKCEC) with an exciting line up of exhibitors and special
