The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

Read More »

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Bharat Diamond Week Kicks off

  Mumbai: More than 1,000 visitors from India and across the world are taking part in the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, which opened yesterday. The Bharat Diamond Week was officially inaugurated by the US Consul General in Mumbai, His Excellency Mr. Edgard D. Kagan. BDB ended registration five days ago due to

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Narayan Jewellers Launches Forevermark ‘Artemis’

Vadodara: Narayan Jewellers by Ketan and Jatin Chokshi launched the exclusive Forevermark Artemis™ Collection by master couturier Bibhu Mohapatra at their store yesterday. Bringing the exquisite collection handcrafted with beautiful, rare and responsibly sourced Forevermark diamonds to Gujarat, Bollywood film star Fatima Sana Sheikh unveiled the new collection. Inspired by the interstellar theme the Forevermark Artemis™ Collection highlights three key

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DEF Announces 2018 ‘Diamonds Do Good’ Honorees

New York: The Diamond Empowerment Fund (DEF) has announced the recipients of its 2018 ‘Diamonds Do Good’ Awards, to be presented at the DEF annual gala on May 31 at the Four Seasons Ballroom in Las Vegas, NV. The government of Canada’s Northwest Territories will receive the Diamonds Do Good Responsible Government Award and Bruce Cleaver, CEO of DeBeers Group,

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De Beers Preparing GemFair Programme with DDI

Gaborone: De Beers Group yesterday announced it is preparing to pilot a programme called GemFair to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair will use dedicated technology to record ASM production at mine sites that meet demonstrable ethical standards, with the aim of purchasing rough diamonds from approved locations while

Read More »

Bharat Diamond Week Kicks off

  Mumbai: More than 1,000 visitors from India and across the world are taking part in the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, which opened yesterday. The Bharat Diamond Week was officially inaugurated by the US Consul General in Mumbai, His Excellency Mr. Edgard D. Kagan. BDB ended registration five days ago due to

Read More »

Narayan Jewellers Launches Forevermark ‘Artemis’

Vadodara: Narayan Jewellers by Ketan and Jatin Chokshi launched the exclusive Forevermark Artemis™ Collection by master couturier Bibhu Mohapatra at their store yesterday. Bringing the exquisite collection handcrafted with beautiful, rare and responsibly sourced Forevermark diamonds to Gujarat, Bollywood film star Fatima Sana Sheikh unveiled the new collection. Inspired by the interstellar theme the Forevermark Artemis™ Collection highlights three key

Read More »

DEF Announces 2018 ‘Diamonds Do Good’ Honorees

New York: The Diamond Empowerment Fund (DEF) has announced the recipients of its 2018 ‘Diamonds Do Good’ Awards, to be presented at the DEF annual gala on May 31 at the Four Seasons Ballroom in Las Vegas, NV. The government of Canada’s Northwest Territories will receive the Diamonds Do Good Responsible Government Award and Bruce Cleaver, CEO of DeBeers Group,

Read More »

De Beers Preparing GemFair Programme with DDI

Gaborone: De Beers Group yesterday announced it is preparing to pilot a programme called GemFair to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair will use dedicated technology to record ASM production at mine sites that meet demonstrable ethical standards, with the aim of purchasing rough diamonds from approved locations while

Read More »

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