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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
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
Top News
Emerald Auction in Jaipur Generated $10.8 Mln.
Mumbai: Pallinghurst has announced the results of an auction of predominantly commercial quality rough emerald held by Gemfields Ltd (“Gemfields”, which is 100% owned by Pallinghurst) in Jaipur, India from 19 – 22 February 2018. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Government of the Republic
GJEPC Organised Design Inspirations, 2018
“Concept to Creation-Optimising Efficiency” was the central theme for Design Inspirations 2018 Mumbai: The Gem and Jewellery Export Promotion Council (GJEPC), a Govt. of India undertaking, organised “DESIGN INSPIRATIONS” a two-day knowledge forum on upcoming jewellery trends. The two-day seminar and think tank focused on understanding what creates jewellery trends in World’s major jewellery consuming markets like India, USA and
Nirav Modi’s Firestar Diamond Files for Bankruptcy
Mumbai: Firestar Diamond, a company owned by Mr. Nirav Modi, the billionaire jeweller at the heart of a $2 billion fraud case in India, has filed for bankruptcy in a New York court, as investigators stepped up their investigation into a case that has stunned the country of India, reports Reuters. Firestar Diamond, which on its website states that its
GJEPC Leads Strong Indian Contingent at HK Show
Mumbai: India Pavilion at the Hong Kong International Diamond, Gem and Pearl Show 2018 showcases 50 Exhibitiors and Hong Kong Intl Jewellery Show 2018 has 33 Exhibitors Hong Kong, February 27, 2018: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gems & jewellery industry in India, is organizing India Pavilion at 5th Hong Kong International
Emerald Auction in Jaipur Generated $10.8 Mln.
Mumbai: Pallinghurst has announced the results of an auction of predominantly commercial quality rough emerald held by Gemfields Ltd (“Gemfields”, which is 100% owned by Pallinghurst) in Jaipur, India from 19 – 22 February 2018. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Government of the Republic
GJEPC Organised Design Inspirations, 2018
“Concept to Creation-Optimising Efficiency” was the central theme for Design Inspirations 2018 Mumbai: The Gem and Jewellery Export Promotion Council (GJEPC), a Govt. of India undertaking, organised “DESIGN INSPIRATIONS” a two-day knowledge forum on upcoming jewellery trends. The two-day seminar and think tank focused on understanding what creates jewellery trends in World’s major jewellery consuming markets like India, USA and
Nirav Modi’s Firestar Diamond Files for Bankruptcy
Mumbai: Firestar Diamond, a company owned by Mr. Nirav Modi, the billionaire jeweller at the heart of a $2 billion fraud case in India, has filed for bankruptcy in a New York court, as investigators stepped up their investigation into a case that has stunned the country of India, reports Reuters. Firestar Diamond, which on its website states that its
GJEPC Leads Strong Indian Contingent at HK Show
Mumbai: India Pavilion at the Hong Kong International Diamond, Gem and Pearl Show 2018 showcases 50 Exhibitiors and Hong Kong Intl Jewellery Show 2018 has 33 Exhibitors Hong Kong, February 27, 2018: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gems & jewellery industry in India, is organizing India Pavilion at 5th Hong Kong International
