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Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
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First Certified Blockchain-Based Diamond Exchange
New York: The diamond market has an estimated turnover of $80 billion per year, yet investor demand accounts for only 5% of that – the rest is consumer demand from the jewellery industry. Historically, diamonds have been a consistent store of value, just like gold and other precious metals, so why aren’t more investors looking at diamonds as an investment

Industry Not Yet Prepared for Hallmarking
Mumbai: A meeting of all stakeholders was held yesterday. Members of industry bodies from All India Gems & Jewellery Trade Federation (GJF), IBJA, SSBC, Coimbatore Jewellery Manufacturer Association, Mr Rajesh Khosla (MMTC PAMP), Mr C R Narsimhan from Tanishq along with members of Indian Association of Hallmarking (IAHC) Centre participated. In a joint press statement, Mr. Nitin Khandelwal, Chairman of

India’s Diamond Exports up 49.5% in Nov
Mumbai: Contrary to the fears, the exports from gems and jewellery has increased 27.25% per cent at US$ 3.27 billion during the month of November as compared to the same period last year. The increase was driven by a sharp increase in both exports of polished diamonds and jewellery as compared to the same month a year earlier, according to

India to Become Vice Chair of KP in 2018
Brisbane: At the recently concluded Plenary Meeting of the Kimberly Process (KP) that was held in Brisbane, Australia from December 9-14, 2017, India was appointed as the Vice-Chair of the KP for the year 2018. While the European Union (EU) will take the Chair for 2018, India will assume the role of the KP Chair in 2019. This is in

First Certified Blockchain-Based Diamond Exchange
New York: The diamond market has an estimated turnover of $80 billion per year, yet investor demand accounts for only 5% of that – the rest is consumer demand from the jewellery industry. Historically, diamonds have been a consistent store of value, just like gold and other precious metals, so why aren’t more investors looking at diamonds as an investment

Industry Not Yet Prepared for Hallmarking
Mumbai: A meeting of all stakeholders was held yesterday. Members of industry bodies from All India Gems & Jewellery Trade Federation (GJF), IBJA, SSBC, Coimbatore Jewellery Manufacturer Association, Mr Rajesh Khosla (MMTC PAMP), Mr C R Narsimhan from Tanishq along with members of Indian Association of Hallmarking (IAHC) Centre participated. In a joint press statement, Mr. Nitin Khandelwal, Chairman of

India’s Diamond Exports up 49.5% in Nov
Mumbai: Contrary to the fears, the exports from gems and jewellery has increased 27.25% per cent at US$ 3.27 billion during the month of November as compared to the same period last year. The increase was driven by a sharp increase in both exports of polished diamonds and jewellery as compared to the same month a year earlier, according to

India to Become Vice Chair of KP in 2018
Brisbane: At the recently concluded Plenary Meeting of the Kimberly Process (KP) that was held in Brisbane, Australia from December 9-14, 2017, India was appointed as the Vice-Chair of the KP for the year 2018. While the European Union (EU) will take the Chair for 2018, India will assume the role of the KP Chair in 2019. This is in