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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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

Read More »

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Naga Chaitanya Chooses Platinum for Distinctive Style

Hyderabad: Amidst much fanfare, South India’s favourite actor, Naga Chaitanya unveiled an unique range of Platinum Men’s jewellery inspired by the international trend of “Bold Minimalism” at the Joyalukkas store in Hyderabad recently. Naga Chaitanya, looking suave wearing a Platinum bracelet and chain, his two favourite pieces from the new collection was joined by Mr. Rajesh Krishnan (Manager- Retail, Joyalukkas-Indian

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‘Impact’ Leaves Kimberley Process

Brisbane: Impact, a founding member has withdrawn from the Kimberley Process (KP), claiming that the conflict diamond certification scheme has lost its legitimacy. Impact says the internal controls used by governments do not provide the evidence of traceability and due diligence needed to ensure a clean, conflict-free, and legal diamond supply chain. “Consumers have been given a false confidence about

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GJEPC & DMCC Working out Cooperation

Singapore: India’s Gem and Jewellery Export Promotion Council (GJEPC) is working with the Dubai Multi Commodities Centre (DMCC) to set up goods delivery standards for gold and diamond trade, a senior industry official said here. According to a report published in businessworld.in, gold and diamond form a major part of the multi-faceted trade and commerce relationship between India and the

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ALROSA Recovers 98.63-Carat Large Diamond

Moscow: ALROSA has recovered a large gem-quality diamond of 98.63 carats from Jubilee (Yubileynaya) pipe. The company’s business unit Aikhal Mining and Processing Division (MPD) extracted this diamond at the processing plant No.14. A transparent yellow-tinted octahedron crystal with inclusions of olivine, graphite and sulphide measures 28.96 х 28.03 х 27.30 mm. Director of the United Selling Organization (USO) ALROSA

Read More »

Naga Chaitanya Chooses Platinum for Distinctive Style

Hyderabad: Amidst much fanfare, South India’s favourite actor, Naga Chaitanya unveiled an unique range of Platinum Men’s jewellery inspired by the international trend of “Bold Minimalism” at the Joyalukkas store in Hyderabad recently. Naga Chaitanya, looking suave wearing a Platinum bracelet and chain, his two favourite pieces from the new collection was joined by Mr. Rajesh Krishnan (Manager- Retail, Joyalukkas-Indian

Read More »

‘Impact’ Leaves Kimberley Process

Brisbane: Impact, a founding member has withdrawn from the Kimberley Process (KP), claiming that the conflict diamond certification scheme has lost its legitimacy. Impact says the internal controls used by governments do not provide the evidence of traceability and due diligence needed to ensure a clean, conflict-free, and legal diamond supply chain. “Consumers have been given a false confidence about

Read More »

GJEPC & DMCC Working out Cooperation

Singapore: India’s Gem and Jewellery Export Promotion Council (GJEPC) is working with the Dubai Multi Commodities Centre (DMCC) to set up goods delivery standards for gold and diamond trade, a senior industry official said here. According to a report published in businessworld.in, gold and diamond form a major part of the multi-faceted trade and commerce relationship between India and the

Read More »

ALROSA Recovers 98.63-Carat Large Diamond

Moscow: ALROSA has recovered a large gem-quality diamond of 98.63 carats from Jubilee (Yubileynaya) pipe. The company’s business unit Aikhal Mining and Processing Division (MPD) extracted this diamond at the processing plant No.14. A transparent yellow-tinted octahedron crystal with inclusions of olivine, graphite and sulphide measures 28.96 х 28.03 х 27.30 mm. Director of the United Selling Organization (USO) ALROSA

Read More »

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