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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
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IIJS this Year to be Bigger with Dynamic Changes
Mumbai: The 35thedition of Premier IIJS 2018 is all set to showcase India’s leadership role in the gem and jewellery sector from 9thAugust – 13th August, 2018 at Bombay Exhibition Centre, Goregaon. Organised by GJEPC, IIJS will witness the biggest assembly of retailers, wholesalers, distributors and designers and around 40,000 domestic and international footfalls this year. The duration of the show will
IIGJ, Jaipur Released Annual Souvenir
Jaipur: Indian Institute of Gems & Jewellery released their annual souvenir on 27th of May, 2018. On this occasion the directors of Indian Institute of Gems & Jewellery Jaipur Shri Pramod Agarwal (Chairman – GJEPC), Shri Sudhir Kasliwal (Honorary Secretary, IIGJJ), Shri Rajiv Arora (Director, IIGJJ), Dr. Nawal Agarwal (Director, IIGJJ), Shri Vijay Kedia (Director, IIGJJ) and other eminent trade personalities
Kolkata Gets its First Forevermark Boutique
Kolkata: Forevermark, the diamond brand from the De Beers Group of Companies, opens its exclusive boutique in Kolkata for the first time ever. The Forevermark Boutique is only the second such store in the world. Housed at South City Mall in Kolkata, the boutique exclusively carries Forevermark which are the world’s most carefully selected diamonds in a wide variety of jewellery and loose assortment. Every Forevermark
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
IIJS this Year to be Bigger with Dynamic Changes
Mumbai: The 35thedition of Premier IIJS 2018 is all set to showcase India’s leadership role in the gem and jewellery sector from 9thAugust – 13th August, 2018 at Bombay Exhibition Centre, Goregaon. Organised by GJEPC, IIJS will witness the biggest assembly of retailers, wholesalers, distributors and designers and around 40,000 domestic and international footfalls this year. The duration of the show will
IIGJ, Jaipur Released Annual Souvenir
Jaipur: Indian Institute of Gems & Jewellery released their annual souvenir on 27th of May, 2018. On this occasion the directors of Indian Institute of Gems & Jewellery Jaipur Shri Pramod Agarwal (Chairman – GJEPC), Shri Sudhir Kasliwal (Honorary Secretary, IIGJJ), Shri Rajiv Arora (Director, IIGJJ), Dr. Nawal Agarwal (Director, IIGJJ), Shri Vijay Kedia (Director, IIGJJ) and other eminent trade personalities
Kolkata Gets its First Forevermark Boutique
Kolkata: Forevermark, the diamond brand from the De Beers Group of Companies, opens its exclusive boutique in Kolkata for the first time ever. The Forevermark Boutique is only the second such store in the world. Housed at South City Mall in Kolkata, the boutique exclusively carries Forevermark which are the world’s most carefully selected diamonds in a wide variety of jewellery and loose assortment. Every Forevermark
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
