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 »

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 »

Top News

New Alert Against HPHT Treated Diamonds

Hong Kong:  Diamond Services, the Hong Kong-headquartered developer of technological systems and services for detecting synthetic, imitation and treated diamonds, has issued a worldwide alert to the jewellery and gemstone trades stating that research it has conducted indicates that synthetic diamonds, which have created under conditions of High Pressure-High Temperature (HPHT) and then subject to irradiation treatment, may be escaping

Read More »

De Beers 3rd Cycle Yields $520 mn

Gaborone: De Beers said its third sightholder sale of the year has provisionally raked in $520 million compared with $586 million, a year earlier. The company earned $563 million from its second sales cycle of 2018. “While the second quarter of the year is traditionally a seasonally slower period, we continued to see good rough diamond demand in the third

Read More »

Fura Gems Unveils Plans to Expand Business in India

Targeting 8% – 10% share of the $2 billion global colored gemstone market in 3 years The highly experienced and strong management team of Fura Gems will organize the unorganized colored gemstone sector Exploring various gemstone mining projects in India and planning to work with the central and state governments to reduce the reliance on imports of gemstones Fura Gems

Read More »

Akshay Tritiya: Women Prefer to Buy Light Jewellery

Mumbai: Akshay Tritiya is one of the most auspicious days of the year, and buying gold is one of the most celebrated rituals of this day. As a brand that celebrates the choices and individuality of the women of today, CaratLane, India’s leading omni-channel jeweller conducted a study to discover the new-age perceptions, tastes and preferences of jewellery buyers during Akshay Tritiya,

Read More »

New Alert Against HPHT Treated Diamonds

Hong Kong:  Diamond Services, the Hong Kong-headquartered developer of technological systems and services for detecting synthetic, imitation and treated diamonds, has issued a worldwide alert to the jewellery and gemstone trades stating that research it has conducted indicates that synthetic diamonds, which have created under conditions of High Pressure-High Temperature (HPHT) and then subject to irradiation treatment, may be escaping

Read More »

De Beers 3rd Cycle Yields $520 mn

Gaborone: De Beers said its third sightholder sale of the year has provisionally raked in $520 million compared with $586 million, a year earlier. The company earned $563 million from its second sales cycle of 2018. “While the second quarter of the year is traditionally a seasonally slower period, we continued to see good rough diamond demand in the third

Read More »

Fura Gems Unveils Plans to Expand Business in India

Targeting 8% – 10% share of the $2 billion global colored gemstone market in 3 years The highly experienced and strong management team of Fura Gems will organize the unorganized colored gemstone sector Exploring various gemstone mining projects in India and planning to work with the central and state governments to reduce the reliance on imports of gemstones Fura Gems

Read More »

Akshay Tritiya: Women Prefer to Buy Light Jewellery

Mumbai: Akshay Tritiya is one of the most auspicious days of the year, and buying gold is one of the most celebrated rituals of this day. As a brand that celebrates the choices and individuality of the women of today, CaratLane, India’s leading omni-channel jeweller conducted a study to discover the new-age perceptions, tastes and preferences of jewellery buyers during Akshay Tritiya,

Read More »

Latest Videos