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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
Top News
Forevermark Hosts Program for Indian Retailers
Mumbai: Forevermark, the diamond brand from The De Beers Group of Companies, recently organised a customised programme on ‘Leadership in the Disruptive Era’ at the Cambridge Judge Business School, the acclaimed business school of the University of Cambridge with 35 select leading partners. Working with the Cambridge Judge Business School, Forevermark adapted the program to open up the minds and
CIBJO President Visits Bahrain as Guest of DANAT
Milan: CIBJO President Gaetano Cavalieri has concluded a week-long visit to the Kingdom of Bahrain, as the guest of DANAT, the Bahrain Institute for Pearls & Gemstones, during which he met with the leadership of the country’s fast-developing gemstone and jewellery centre, and discussed the possibility of its hosting the CIBJO Congress in 2019. Located on an archipelago on the
Nirav Modi's Fate Could Now be in China's Hands
Mumbai: With the Ministry of External Affairs revealing it had on March 23 sought from Hong Kong the provisional arrest of businessman Nirav Modi over the Punjab National Bank scam, the fate of India’s currently most-wanted missing businessman could now lie in the hands of China, reports India Today. Hong Kong, a Special Administrative Region (SAR) of China, enjoys “a
Zaheer and Sagarika Unveil New ‘Evara’ Collection
Ahmedabad: The summer wedding season is here and if you wish to adorn yourself in jewellery that is inspired by global fashion trends to give you that fresh and modern- chic look, go no further than at AB jewels store in Ahmedabad! The new Platinum Evara collection is contemporary. The designs that are fluid making striking pieces that promise to
Forevermark Hosts Program for Indian Retailers
Mumbai: Forevermark, the diamond brand from The De Beers Group of Companies, recently organised a customised programme on ‘Leadership in the Disruptive Era’ at the Cambridge Judge Business School, the acclaimed business school of the University of Cambridge with 35 select leading partners. Working with the Cambridge Judge Business School, Forevermark adapted the program to open up the minds and
CIBJO President Visits Bahrain as Guest of DANAT
Milan: CIBJO President Gaetano Cavalieri has concluded a week-long visit to the Kingdom of Bahrain, as the guest of DANAT, the Bahrain Institute for Pearls & Gemstones, during which he met with the leadership of the country’s fast-developing gemstone and jewellery centre, and discussed the possibility of its hosting the CIBJO Congress in 2019. Located on an archipelago on the
Nirav Modi's Fate Could Now be in China's Hands
Mumbai: With the Ministry of External Affairs revealing it had on March 23 sought from Hong Kong the provisional arrest of businessman Nirav Modi over the Punjab National Bank scam, the fate of India’s currently most-wanted missing businessman could now lie in the hands of China, reports India Today. Hong Kong, a Special Administrative Region (SAR) of China, enjoys “a
Zaheer and Sagarika Unveil New ‘Evara’ Collection
Ahmedabad: The summer wedding season is here and if you wish to adorn yourself in jewellery that is inspired by global fashion trends to give you that fresh and modern- chic look, go no further than at AB jewels store in Ahmedabad! The new Platinum Evara collection is contemporary. The designs that are fluid making striking pieces that promise to
