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
DPA Unveils Plans for Diamond Generic Promotion
Mumbai: Mr. Jean-Marc Lieberherr, CEO of the Diamond Producers Association (DPA) recently organised a meeting along with India’s Gem & Jewellery Export Promotion Council (GJEPC), at which he unveiled DPA’s plans for diamond generic promotion. He was joined by DPA’s Managing Director for India, Ms. Richa Singh, who highlighted various aspects of the presentation. GJEPC Chairman Mr. Pramod Agarwal said,
HRD Antwerp Opens New Office in BDB
Mumbai: Chief Guest Mr. Peter Huyghebaert, Consul General of Belgium in Mumbai along-with Mr. Anoop Mehta, president of Bharat Diamond Bourse (BDB); Mr. Michel Janssens, CEO, HRD Antwerp; Mr. Pascal Delvenne, CEO, HRD Antwerp and Mr. Ravi Chhabria, managing director, HRD Antwerp India inaugurated the lab’s new office in BDB among other dignataries. On the ocassion, Mr. Michel Janssens, CEO,
UAE Exempts Gold, Diamond Trading from VAT
Dubai: The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals. Under the mechanism, there will only be documented entries of five percent VAT in the books of both buyers and sellers but no payment of the fee. According to state news agency WAM, the step aims to
India's Gold Demand Fell by 12% in Q1: WGC
Mumbai: Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008. This was largely caused by a fall in investment demand for gold bars and gold-backed exchange-traded funds (ETFs), as a subdued gold price environment hampered demand. Global jewellery demand was roughly flat at 488t, down 1% on Q1 2017. Demand in
DPA Unveils Plans for Diamond Generic Promotion
Mumbai: Mr. Jean-Marc Lieberherr, CEO of the Diamond Producers Association (DPA) recently organised a meeting along with India’s Gem & Jewellery Export Promotion Council (GJEPC), at which he unveiled DPA’s plans for diamond generic promotion. He was joined by DPA’s Managing Director for India, Ms. Richa Singh, who highlighted various aspects of the presentation. GJEPC Chairman Mr. Pramod Agarwal said,
HRD Antwerp Opens New Office in BDB
Mumbai: Chief Guest Mr. Peter Huyghebaert, Consul General of Belgium in Mumbai along-with Mr. Anoop Mehta, president of Bharat Diamond Bourse (BDB); Mr. Michel Janssens, CEO, HRD Antwerp; Mr. Pascal Delvenne, CEO, HRD Antwerp and Mr. Ravi Chhabria, managing director, HRD Antwerp India inaugurated the lab’s new office in BDB among other dignataries. On the ocassion, Mr. Michel Janssens, CEO,
UAE Exempts Gold, Diamond Trading from VAT
Dubai: The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals. Under the mechanism, there will only be documented entries of five percent VAT in the books of both buyers and sellers but no payment of the fee. According to state news agency WAM, the step aims to
India's Gold Demand Fell by 12% in Q1: WGC
Mumbai: Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008. This was largely caused by a fall in investment demand for gold bars and gold-backed exchange-traded funds (ETFs), as a subdued gold price environment hampered demand. Global jewellery demand was roughly flat at 488t, down 1% on Q1 2017. Demand in
