Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?

Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers

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Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?

Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers

Read More »

Top News

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”

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GIA India Classroom in Surat Moves to a New Location

Surat: GIA India is set to open a new classroom in Surat in early May. The new classroom will offer programmes in diamonds, coloured stones, pearls, jewellery design and merchandising, to help students, professionals and business owners acquire specialised skills to help them succeed in the gem and jewellery industry. Located at Piplod, Surat, the classroom will enhance the learning experience of

Read More »

Reena Ahluwalia's New Collections at JCK Las Vegas

Las Vegas: This JCK Las Vegas, the globally renowned jewellery designer Reena Ahluwalia will bring more innovation, color and flower power by launching her new collections!“We have worked very hard and poured our soul in the two new collections for JCK,” Reena says. She gives detail of the collections below: 1) New all-SILVER Soul Carousel collection, my partnership with Aaron

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 »

GIA India Classroom in Surat Moves to a New Location

Surat: GIA India is set to open a new classroom in Surat in early May. The new classroom will offer programmes in diamonds, coloured stones, pearls, jewellery design and merchandising, to help students, professionals and business owners acquire specialised skills to help them succeed in the gem and jewellery industry. Located at Piplod, Surat, the classroom will enhance the learning experience of

Read More »

Reena Ahluwalia's New Collections at JCK Las Vegas

Las Vegas: This JCK Las Vegas, the globally renowned jewellery designer Reena Ahluwalia will bring more innovation, color and flower power by launching her new collections!“We have worked very hard and poured our soul in the two new collections for JCK,” Reena says. She gives detail of the collections below: 1) New all-SILVER Soul Carousel collection, my partnership with Aaron

Read More »

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