Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

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Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Read More »

Top News

Saurabh Gadgil Appointed National VP of IBJA

Mumbai: Mr. Saurabh Gadgil has been appointed as the National Vice President for Indian Bullion and Jewellers Association’ Ltd. (IBJA) in a board meeting held on 23rd Jan, 2018. Saurabh Vidyadhar Gadgil, Chairman & Managing Director of P.N. Gadgil Jewellers, is from the distinguished and illustrious “Gadgil” family, which is a pioneer in the gold and jewellery industry of Maharashtra.

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CIBJO Seminar Focused on Marine Ecosystem

Milan: In a planet threatened by uncontrolled climate change, the jewellery industry could come to be recognized as a beacon of sustainability and positive environmentalism. This was the message emanating from a seminar co-organized by CIBJO and the Italian Exhibition Group (IEG), which took place January 22 at the VICENZAORO January show in Vicenza, Italy. Entitled “Green and Blue Jewellery,

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ALROSA Signed 67 Long-Term Agreements

Moscow: ALROSA formed a list of clients for the new contract period 2018-2020. The Company signed 67 long-term agreements with 65 companies for the sale of gem quality and industrial rough diamonds. The new list of long-term clients is posted on ALROSA’s sales website. The Company signed agreements for the sale of gem quality rough diamonds with 56 companies. Eight

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Zimbabwe May End Majority Black Ownership Rule

Harare: Last December, the Government of Zimbabwe announced it would be relaxing laws that require black citizens hold majority stakes (51%) in companies as it looks to restore confidence and boost economic growth. At the time, President Emmerson Mnangagwa said, “Zimbabwe is now open for business, and is putting in place supportive measures that seek to rebuild confidence and compete

Read More »

Saurabh Gadgil Appointed National VP of IBJA

Mumbai: Mr. Saurabh Gadgil has been appointed as the National Vice President for Indian Bullion and Jewellers Association’ Ltd. (IBJA) in a board meeting held on 23rd Jan, 2018. Saurabh Vidyadhar Gadgil, Chairman & Managing Director of P.N. Gadgil Jewellers, is from the distinguished and illustrious “Gadgil” family, which is a pioneer in the gold and jewellery industry of Maharashtra.

Read More »

CIBJO Seminar Focused on Marine Ecosystem

Milan: In a planet threatened by uncontrolled climate change, the jewellery industry could come to be recognized as a beacon of sustainability and positive environmentalism. This was the message emanating from a seminar co-organized by CIBJO and the Italian Exhibition Group (IEG), which took place January 22 at the VICENZAORO January show in Vicenza, Italy. Entitled “Green and Blue Jewellery,

Read More »

ALROSA Signed 67 Long-Term Agreements

Moscow: ALROSA formed a list of clients for the new contract period 2018-2020. The Company signed 67 long-term agreements with 65 companies for the sale of gem quality and industrial rough diamonds. The new list of long-term clients is posted on ALROSA’s sales website. The Company signed agreements for the sale of gem quality rough diamonds with 56 companies. Eight

Read More »

Zimbabwe May End Majority Black Ownership Rule

Harare: Last December, the Government of Zimbabwe announced it would be relaxing laws that require black citizens hold majority stakes (51%) in companies as it looks to restore confidence and boost economic growth. At the time, President Emmerson Mnangagwa said, “Zimbabwe is now open for business, and is putting in place supportive measures that seek to rebuild confidence and compete

Read More »

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