The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

Read More »

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GIA India Holds Discussion on Synthetic Diamonds

Ahmedabad: GIA (Gemological Institute of America) India held a panel discussion on “Synthetic Diamonds: Challenges and Opportunities” at Hotel Hyatt Ahmedabad on Mar. 5, 2018. Ms. Nirupa Bhatt, Managing Director of GIA India and Middle East, moderated the discussion about encouraging disclosure and ensuring that diamonds are checked by a credible gemmological laboratory. The speakers at the discussion included Mr.

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Celebrate Spirit of Womanhood with Rare Platinum

Mumbai: This international Women’s day, celebrate “her” with Platinum. A woman is indispensable to every life she touches and every role she dons. Her indomitable spirit and grace has become the voice and inspiration for the new world. Today, she is reshaping all conventional moulds and defining them with her individuality and inner strength. This enduring spirit of her deserves

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CIBJO Urges Acceptance of Blue Books Standards

Milan: Speaking at an industry seminar in Hong Kong, CIBJO President Gaetano Cavalieri has urged both government authorities and jewellery and gemstone associations to incorporate the standards and nomenclature contained in the CIBJO Blue Books into their respective national guidelines, as a measure designed to facilitate more transparent and efficient international trade. The CIBJO Blue Books are definitive sets of

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Provisional Value of De Beers’ 2nd Site is $555 Mln.

Gaborone: De Beers sold rough diamonds with a provisional value of $555 million, following confirmed sales of $672 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018 compared with a provisional figure of $665 million. Bruce Cleaver, CEO, De Beers Group, said, “The second sales cycle of the year saw the continuation of good rough

Read More »

GIA India Holds Discussion on Synthetic Diamonds

Ahmedabad: GIA (Gemological Institute of America) India held a panel discussion on “Synthetic Diamonds: Challenges and Opportunities” at Hotel Hyatt Ahmedabad on Mar. 5, 2018. Ms. Nirupa Bhatt, Managing Director of GIA India and Middle East, moderated the discussion about encouraging disclosure and ensuring that diamonds are checked by a credible gemmological laboratory. The speakers at the discussion included Mr.

Read More »

Celebrate Spirit of Womanhood with Rare Platinum

Mumbai: This international Women’s day, celebrate “her” with Platinum. A woman is indispensable to every life she touches and every role she dons. Her indomitable spirit and grace has become the voice and inspiration for the new world. Today, she is reshaping all conventional moulds and defining them with her individuality and inner strength. This enduring spirit of her deserves

Read More »

CIBJO Urges Acceptance of Blue Books Standards

Milan: Speaking at an industry seminar in Hong Kong, CIBJO President Gaetano Cavalieri has urged both government authorities and jewellery and gemstone associations to incorporate the standards and nomenclature contained in the CIBJO Blue Books into their respective national guidelines, as a measure designed to facilitate more transparent and efficient international trade. The CIBJO Blue Books are definitive sets of

Read More »

Provisional Value of De Beers’ 2nd Site is $555 Mln.

Gaborone: De Beers sold rough diamonds with a provisional value of $555 million, following confirmed sales of $672 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of 2018 compared with a provisional figure of $665 million. Bruce Cleaver, CEO, De Beers Group, said, “The second sales cycle of the year saw the continuation of good rough

Read More »

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