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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
Top News
JNA Awards & RJC to Jointly Promote Best Practices
Hong Kong: The JNA Awards and the Responsible Jewellery Council (RJC) are joining forces to promote best practices in the international jewellery and gemstone industry. A world-renowned programme organised by UBM Asia, the JNA Awards recognises, celebrates and encourages excellence and innovation in the global jewellery trade. Now in its seventh edition, the Awards will culminate in a glittering awards
New Feature of Data Matrix Code on Diamonds
London: At the recent JCK Las Vegas, Everledger and Dharmanandan Diamonds Pvt. Ltd. (Dharmanandan Diamonds) successfully showcased a new innovative feature with the inscription of Data Matrix code on diamonds, as part of the Diamond Time-Lapse Protocol with full anchoring onto the Everledger blockchain platform. The Diamond Time-Lapse Protocol, launched in February this year, is the industry data protocol using
India Pavilion at JCK Las Vegas Marks its 15th Year
Mumbai: 38 Indian gem and jewellery exporters are participating under India Pavilion organized by The Gem & Jewellery Export Promotion Council(GJEPC) for the 15th consecutive year at the leading jewellery event in North America, JCK Las Vegas. Every year, top gem and jewellery manufacturers from India comes up with the latest and exquisite jewellery made for the US market at
Fura Launches New Brand Identity
Toronto: Fura Gems Inc., a gemstone mining and marketing company has undergone a brand review and today unveiled its new brand identity including logo, tagline and social media to strengthen its communication with key stake holders and consumers. The rendition of the new Fura logo, which is an evolution of Fura’s existing logo, is inspired by the Fura and Tena mountains of Colombia. The mystery
JNA Awards & RJC to Jointly Promote Best Practices
Hong Kong: The JNA Awards and the Responsible Jewellery Council (RJC) are joining forces to promote best practices in the international jewellery and gemstone industry. A world-renowned programme organised by UBM Asia, the JNA Awards recognises, celebrates and encourages excellence and innovation in the global jewellery trade. Now in its seventh edition, the Awards will culminate in a glittering awards
New Feature of Data Matrix Code on Diamonds
London: At the recent JCK Las Vegas, Everledger and Dharmanandan Diamonds Pvt. Ltd. (Dharmanandan Diamonds) successfully showcased a new innovative feature with the inscription of Data Matrix code on diamonds, as part of the Diamond Time-Lapse Protocol with full anchoring onto the Everledger blockchain platform. The Diamond Time-Lapse Protocol, launched in February this year, is the industry data protocol using
India Pavilion at JCK Las Vegas Marks its 15th Year
Mumbai: 38 Indian gem and jewellery exporters are participating under India Pavilion organized by The Gem & Jewellery Export Promotion Council(GJEPC) for the 15th consecutive year at the leading jewellery event in North America, JCK Las Vegas. Every year, top gem and jewellery manufacturers from India comes up with the latest and exquisite jewellery made for the US market at
Fura Launches New Brand Identity
Toronto: Fura Gems Inc., a gemstone mining and marketing company has undergone a brand review and today unveiled its new brand identity including logo, tagline and social media to strengthen its communication with key stake holders and consumers. The rendition of the new Fura logo, which is an evolution of Fura’s existing logo, is inspired by the Fura and Tena mountains of Colombia. The mystery
