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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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

Read More »

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Fura Gems Unveils Plans to Expand Business in India

Targeting 8% – 10% share of the $2 billion global colored gemstone market in 3 years The highly experienced and strong management team of Fura Gems will organize the unorganized colored gemstone sector Exploring various gemstone mining projects in India and planning to work with the central and state governments to reduce the reliance on imports of gemstones Fura Gems

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Akshay Tritiya: Women Prefer to Buy Light Jewellery

Mumbai: Akshay Tritiya is one of the most auspicious days of the year, and buying gold is one of the most celebrated rituals of this day. As a brand that celebrates the choices and individuality of the women of today, CaratLane, India’s leading omni-channel jeweller conducted a study to discover the new-age perceptions, tastes and preferences of jewellery buyers during Akshay Tritiya,

Read More »

Fancy Color Diamonds – Appreciation or Profit?

Ramat Gan: The recent $9 million lawsuit filed by New Orleans Saints quarterback Drew Brees created a serious buzz in the diamond and jewelry community. Following the news, the Fancy Color Research Foundation (FCRF) received endless inquiries from jewelry stores, wholesalers and investment companies asking the FCRF to shed some light on the subject, with a particularly high volume of

Read More »

GJEPC Holds 1st Edition of India Gemstone Week

Jaipur:  The first edition of India Gemstone Week, organized by Gem & Jewellery Export Promotion Council (GJEPC} was inaugurated yesterday by Union Minister of State for Commerce & Industry, Consumer Affairs, Food and Public Distribution, Mr. C R Chaudhary  at a glittering ceremony at Hotel Fair Mont in Pink City. The grand event also marked the presence of eminent dignitaries

Read More »

Fura Gems Unveils Plans to Expand Business in India

Targeting 8% – 10% share of the $2 billion global colored gemstone market in 3 years The highly experienced and strong management team of Fura Gems will organize the unorganized colored gemstone sector Exploring various gemstone mining projects in India and planning to work with the central and state governments to reduce the reliance on imports of gemstones Fura Gems

Read More »

Akshay Tritiya: Women Prefer to Buy Light Jewellery

Mumbai: Akshay Tritiya is one of the most auspicious days of the year, and buying gold is one of the most celebrated rituals of this day. As a brand that celebrates the choices and individuality of the women of today, CaratLane, India’s leading omni-channel jeweller conducted a study to discover the new-age perceptions, tastes and preferences of jewellery buyers during Akshay Tritiya,

Read More »

Fancy Color Diamonds – Appreciation or Profit?

Ramat Gan: The recent $9 million lawsuit filed by New Orleans Saints quarterback Drew Brees created a serious buzz in the diamond and jewelry community. Following the news, the Fancy Color Research Foundation (FCRF) received endless inquiries from jewelry stores, wholesalers and investment companies asking the FCRF to shed some light on the subject, with a particularly high volume of

Read More »

GJEPC Holds 1st Edition of India Gemstone Week

Jaipur:  The first edition of India Gemstone Week, organized by Gem & Jewellery Export Promotion Council (GJEPC} was inaugurated yesterday by Union Minister of State for Commerce & Industry, Consumer Affairs, Food and Public Distribution, Mr. C R Chaudhary  at a glittering ceremony at Hotel Fair Mont in Pink City. The grand event also marked the presence of eminent dignitaries

Read More »

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