Global Gold City Project Announced
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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
Mujeres Brillantes Visits Sao Paulo
Sao Paulo: The second stop of the World Tour Mujeres Brillantes 2018 took place in the city of Sao Paulo, Brazil during the International Women’s Week. Unlike in Panama City in January, which focused more on the visits to Jewelry´s Schools and Stores allied to the Association, the World Tour – Brazil focused on promoting talk sessions focused on women’s
Tanishq offers free gold coin on Gudi Padwa
Mumbai: Tanishq, India’s jewellery brand has announced to bring in the auspicious occasion of Gudi Padwa. Customers can avail 0.2 grams gold coin free with every purchase of 10 grams of gold jewellery and with every purchase of diamond jewellery worth Rs.10,000 from 17th to 18th March 2018. Customers can celebrate this occasion by taking home prosperity and happiness with
WFDB Debates Issues at Idar-Oberstein Meeting
Antwerp: The World Federation of Diamond Bourses (WFDB) held an Executive Committee Meeting in Idar-Oberstein yesterday, discussing a wide variety of subjects including the World Diamond Council’s proposed changes to its System of Warranties (SoW), nomenclature issues, Know Your Client, the proposed inclusion of the International Diamond Manufacturers Association into the WFDB, finance and the situation in India in the
Post-scam, RBI Stops Issue of LoUs
Mumbai: In a remedial action to the Nirav-Modi led Punjab National Bank fraud, now worth Rs 13,640 crore, the Reserve Bank of India (RBI) has discontinued use of LoUs or Letters of Undertaking and Letters of Comfort as trade credits. “On a review of the extant guidelines, it has been decided to discontinue the practice of issuance of LoUs/ LoCs
Mujeres Brillantes Visits Sao Paulo
Sao Paulo: The second stop of the World Tour Mujeres Brillantes 2018 took place in the city of Sao Paulo, Brazil during the International Women’s Week. Unlike in Panama City in January, which focused more on the visits to Jewelry´s Schools and Stores allied to the Association, the World Tour – Brazil focused on promoting talk sessions focused on women’s
Tanishq offers free gold coin on Gudi Padwa
Mumbai: Tanishq, India’s jewellery brand has announced to bring in the auspicious occasion of Gudi Padwa. Customers can avail 0.2 grams gold coin free with every purchase of 10 grams of gold jewellery and with every purchase of diamond jewellery worth Rs.10,000 from 17th to 18th March 2018. Customers can celebrate this occasion by taking home prosperity and happiness with
WFDB Debates Issues at Idar-Oberstein Meeting
Antwerp: The World Federation of Diamond Bourses (WFDB) held an Executive Committee Meeting in Idar-Oberstein yesterday, discussing a wide variety of subjects including the World Diamond Council’s proposed changes to its System of Warranties (SoW), nomenclature issues, Know Your Client, the proposed inclusion of the International Diamond Manufacturers Association into the WFDB, finance and the situation in India in the
Post-scam, RBI Stops Issue of LoUs
Mumbai: In a remedial action to the Nirav-Modi led Punjab National Bank fraud, now worth Rs 13,640 crore, the Reserve Bank of India (RBI) has discontinued use of LoUs or Letters of Undertaking and Letters of Comfort as trade credits. “On a review of the extant guidelines, it has been decided to discontinue the practice of issuance of LoUs/ LoCs
