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

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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

Read More »

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Celebrate Motherhood with a Forevermark Diamond

‎‎Mumbai: A mother’s love for her child is pure, unconditional and lasts a lifetime. She is the woman who selflessly sacrificies her every need for her child and expects nothing in return. This Mother’s Day, celebrate that love by gifting her a Forevermark, the diamond brand from the De Beers Group of Companies, which is as beautiful, rare and genuine

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Odisha Govt. Scraps Gitanjali Jewellery Park

Bhubaneswar: The Odisha government has scrapped the Rs 636-crore gems, jewellery, lifestyle and luxury goods park which was to be set up by Gitanjali Infratech Ltd, an official told The Times of India. The development comes in the wake of the multi-crore PNB scam and there is no one from the company, owned by Mehul Choksi-run Gitanjali Group, with whom

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Second Edition of Bharat Diamond Week on Oct 8-9

Mumbai: Organizers of the first Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, said the show exceeded expectations. The Bharat exchange is already planning the next edition of the fair which it says will be even bigger and feature new elements. The first-ever Bharat Diamond Week was opened by US Consul General Edgard D. Kagan in

Read More »

India's Gold Jewellery Exports Grew by 11% in FY18

India’s Gold Jewellery exports registered a growth of nearly 11 per cent at USD 9673.23 mn in FY18 vis-à-vis USD 8,721.88 mn in FY17 Gems and Jewellery exports from India have doubled to USD 41 bn in FY18 as against USB 21 bn in FY08 Cut & polished diamond exports grew at USD 24 bn in FY18 from USD 14

Read More »

Celebrate Motherhood with a Forevermark Diamond

‎‎Mumbai: A mother’s love for her child is pure, unconditional and lasts a lifetime. She is the woman who selflessly sacrificies her every need for her child and expects nothing in return. This Mother’s Day, celebrate that love by gifting her a Forevermark, the diamond brand from the De Beers Group of Companies, which is as beautiful, rare and genuine

Read More »

Odisha Govt. Scraps Gitanjali Jewellery Park

Bhubaneswar: The Odisha government has scrapped the Rs 636-crore gems, jewellery, lifestyle and luxury goods park which was to be set up by Gitanjali Infratech Ltd, an official told The Times of India. The development comes in the wake of the multi-crore PNB scam and there is no one from the company, owned by Mehul Choksi-run Gitanjali Group, with whom

Read More »

Second Edition of Bharat Diamond Week on Oct 8-9

Mumbai: Organizers of the first Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, said the show exceeded expectations. The Bharat exchange is already planning the next edition of the fair which it says will be even bigger and feature new elements. The first-ever Bharat Diamond Week was opened by US Consul General Edgard D. Kagan in

Read More »

India's Gold Jewellery Exports Grew by 11% in FY18

India’s Gold Jewellery exports registered a growth of nearly 11 per cent at USD 9673.23 mn in FY18 vis-à-vis USD 8,721.88 mn in FY17 Gems and Jewellery exports from India have doubled to USD 41 bn in FY18 as against USB 21 bn in FY08 Cut & polished diamond exports grew at USD 24 bn in FY18 from USD 14

Read More »

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