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Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
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Mia by Tanishq Launches on Amazon.in
Mumbai: Tanishq has announced the launch of its contemporary jewellery brand Mia on Amazon.in, making a wide range of the brand’s fine jewellery selection easily discoverable and accessible to millions of Amazon India customers. This association marks the next phase of Mia by Tanishq’s rapid growth in the Indian jewellery market. The growing brand from Tanishq is known for its
Bharat Diamond Week Kicks off
Mumbai: More than 1,000 visitors from India and across the world are taking part in the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, which opened yesterday. The Bharat Diamond Week was officially inaugurated by the US Consul General in Mumbai, His Excellency Mr. Edgard D. Kagan. BDB ended registration five days ago due to
Narayan Jewellers Launches Forevermark ‘Artemis’
Vadodara: Narayan Jewellers by Ketan and Jatin Chokshi launched the exclusive Forevermark Artemis™ Collection by master couturier Bibhu Mohapatra at their store yesterday. Bringing the exquisite collection handcrafted with beautiful, rare and responsibly sourced Forevermark diamonds to Gujarat, Bollywood film star Fatima Sana Sheikh unveiled the new collection. Inspired by the interstellar theme the Forevermark Artemis™ Collection highlights three key
DEF Announces 2018 ‘Diamonds Do Good’ Honorees
New York: The Diamond Empowerment Fund (DEF) has announced the recipients of its 2018 ‘Diamonds Do Good’ Awards, to be presented at the DEF annual gala on May 31 at the Four Seasons Ballroom in Las Vegas, NV. The government of Canada’s Northwest Territories will receive the Diamonds Do Good Responsible Government Award and Bruce Cleaver, CEO of DeBeers Group,
Mia by Tanishq Launches on Amazon.in
Mumbai: Tanishq has announced the launch of its contemporary jewellery brand Mia on Amazon.in, making a wide range of the brand’s fine jewellery selection easily discoverable and accessible to millions of Amazon India customers. This association marks the next phase of Mia by Tanishq’s rapid growth in the Indian jewellery market. The growing brand from Tanishq is known for its
Bharat Diamond Week Kicks off
Mumbai: More than 1,000 visitors from India and across the world are taking part in the Bharat Diamond Week at the Bharat Diamond Bourse (BDB) in Mumbai, India, which opened yesterday. The Bharat Diamond Week was officially inaugurated by the US Consul General in Mumbai, His Excellency Mr. Edgard D. Kagan. BDB ended registration five days ago due to
Narayan Jewellers Launches Forevermark ‘Artemis’
Vadodara: Narayan Jewellers by Ketan and Jatin Chokshi launched the exclusive Forevermark Artemis™ Collection by master couturier Bibhu Mohapatra at their store yesterday. Bringing the exquisite collection handcrafted with beautiful, rare and responsibly sourced Forevermark diamonds to Gujarat, Bollywood film star Fatima Sana Sheikh unveiled the new collection. Inspired by the interstellar theme the Forevermark Artemis™ Collection highlights three key
DEF Announces 2018 ‘Diamonds Do Good’ Honorees
New York: The Diamond Empowerment Fund (DEF) has announced the recipients of its 2018 ‘Diamonds Do Good’ Awards, to be presented at the DEF annual gala on May 31 at the Four Seasons Ballroom in Las Vegas, NV. The government of Canada’s Northwest Territories will receive the Diamonds Do Good Responsible Government Award and Bruce Cleaver, CEO of DeBeers Group,
