Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
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
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
Top News
UN Confirms CIBJO's Special Status
Milan: The United Nations Economic and Social Council (ECOSOC) has confirmed the Special Consultative Status held by CIBJO, the World Jewellery Confederation, for the coming four years. The decision follows CIBJO’s successful submission and the acceptance of its Quadrennial Report, covering the period 2014 through 2017. One of the six main organs of the United Nations, ECOSOC serves as the
De Beers Successfully Tracks First Diamonds on ‘Tracr’
Gaborone: De Beers Group today announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform, marking the first time a diamond’s journey has been digitally tracked from mine to retail. An immutable and secure digital trail was created for a selection of rough diamonds mined by De Beers as
GJEPC and Banks Deliberated on Mitigating Risks
Mumbai: Hon’ble Minister for Commerce and Industry and Civil Aviation, Mr. Suresh Prabhu today unveiled a white paper drafted by GJEPC at the one-day seminar titled “Diamond and Jewellery Financing 2018: Mitigating Risks Effectively.” The event organized by the Gems and Jewellery industry to find ways to reduce risks and infuse confidence into financiers, attended by leading banks and financial
GJEPC & AWDC Sign MoU on MyKYCBank Partnership
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) and Antwerp World Diamond Centre (AWDC), together today signed a Memorandum of Understanding (MoU) that would prove to be a powerful new tool to bring greater compliance and transparency to diamond transactions. The know-your-customer (KYC) exchange platform, called MyKYCBank, provides a centralized platform for companies in the diamond industry to complete
UN Confirms CIBJO's Special Status
Milan: The United Nations Economic and Social Council (ECOSOC) has confirmed the Special Consultative Status held by CIBJO, the World Jewellery Confederation, for the coming four years. The decision follows CIBJO’s successful submission and the acceptance of its Quadrennial Report, covering the period 2014 through 2017. One of the six main organs of the United Nations, ECOSOC serves as the
De Beers Successfully Tracks First Diamonds on ‘Tracr’
Gaborone: De Beers Group today announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform, marking the first time a diamond’s journey has been digitally tracked from mine to retail. An immutable and secure digital trail was created for a selection of rough diamonds mined by De Beers as
GJEPC and Banks Deliberated on Mitigating Risks
Mumbai: Hon’ble Minister for Commerce and Industry and Civil Aviation, Mr. Suresh Prabhu today unveiled a white paper drafted by GJEPC at the one-day seminar titled “Diamond and Jewellery Financing 2018: Mitigating Risks Effectively.” The event organized by the Gems and Jewellery industry to find ways to reduce risks and infuse confidence into financiers, attended by leading banks and financial
GJEPC & AWDC Sign MoU on MyKYCBank Partnership
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) and Antwerp World Diamond Centre (AWDC), together today signed a Memorandum of Understanding (MoU) that would prove to be a powerful new tool to bring greater compliance and transparency to diamond transactions. The know-your-customer (KYC) exchange platform, called MyKYCBank, provides a centralized platform for companies in the diamond industry to complete
