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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
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
Top News
Élodie Daguzan Becomes Goodwill Ambassador for DDI
Ottawa: The Diamond Development Initiative (DDI) has appointed Ms. Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as Head of Communication and Industry Relations for the diamantaire Rubel & Ménasché, brings with her 17 years of experience in the diamond and jewelry industry. Her particular fields of interest are pipeline integrity, sustainability, traceability, generic marketing, and
Eli Avidar to Leave IDE and Join Politics
Ramat Gan: Israel Diamond Exchange (IDE) CEO Eli Avidar has announced he will be stepping down from the position and intends to become a member of Israel’s parliament, the Knesset. Avidar, aged 53, who also served as the CEO of the Israel Diamond Institute, from which he recently resigned, told the IDE’s board of directors that he did not intend
GJEPC Signs Cooperation Agreement with UBM
Mumbai: In a historic move, the Gem & Jewellery Export Promotion Council (GJEPC) has signed a cooperation agreement with UBM Asia Ltd, for organizing the India pavilion at UBM’s Hong Kong Jewellery & Gem Fair held during June and September 2018. Both shows are the leading and the most sought after ones in the gem and jewellery world. GJEPC is
Probe Ordered into Surat’s G&J Park Land Issue
Surat: The district collector of Surat has ordered an inquiry on Thursday into a complaint given by farmers over 100 hectare of land allotted for development of gems and jewellery park at Ichhapore, reports The Times of India. A Surat District Panchayat member had submitted the application on behalf of the farmers. Ichhapore and Hazira villagers allege that diamond company
Élodie Daguzan Becomes Goodwill Ambassador for DDI
Ottawa: The Diamond Development Initiative (DDI) has appointed Ms. Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as Head of Communication and Industry Relations for the diamantaire Rubel & Ménasché, brings with her 17 years of experience in the diamond and jewelry industry. Her particular fields of interest are pipeline integrity, sustainability, traceability, generic marketing, and
Eli Avidar to Leave IDE and Join Politics
Ramat Gan: Israel Diamond Exchange (IDE) CEO Eli Avidar has announced he will be stepping down from the position and intends to become a member of Israel’s parliament, the Knesset. Avidar, aged 53, who also served as the CEO of the Israel Diamond Institute, from which he recently resigned, told the IDE’s board of directors that he did not intend
GJEPC Signs Cooperation Agreement with UBM
Mumbai: In a historic move, the Gem & Jewellery Export Promotion Council (GJEPC) has signed a cooperation agreement with UBM Asia Ltd, for organizing the India pavilion at UBM’s Hong Kong Jewellery & Gem Fair held during June and September 2018. Both shows are the leading and the most sought after ones in the gem and jewellery world. GJEPC is
Probe Ordered into Surat’s G&J Park Land Issue
Surat: The district collector of Surat has ordered an inquiry on Thursday into a complaint given by farmers over 100 hectare of land allotted for development of gems and jewellery park at Ichhapore, reports The Times of India. A Surat District Panchayat member had submitted the application on behalf of the farmers. Ichhapore and Hazira villagers allege that diamond company
