The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

Read More »

Top News

Nirav Modi’s Firestar Diamond Files for Bankruptcy

Mumbai: Firestar Diamond, a company owned by Mr. Nirav Modi, the billionaire jeweller at the heart of a $2 billion fraud case in India, has filed for bankruptcy in a New York court, as investigators stepped up their investigation into a case that has stunned the country of India, reports Reuters. Firestar Diamond, which on its website states that its

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GJEPC Leads Strong Indian Contingent at HK Show

Mumbai: India Pavilion at the Hong Kong International Diamond, Gem and Pearl Show 2018 showcases 50 Exhibitiors and Hong Kong Intl Jewellery Show 2018 has 33 Exhibitors Hong Kong, February 27, 2018: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gems & jewellery industry in India, is organizing India Pavilion at 5th Hong Kong International

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IIDGR to Launch Education Courses in Chinese

London: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, yesterday announced it will launch two of its diamond education courses in Simplified Chinese, helping students in one of the largest and fastest growing markets for diamond jewellery to enhance their knowledge of the industry.The online Diamond Foundation Course, which was launched last year and

Read More »

William Lamb Steps Down as Lucara CEO

Vancouver: Lucara Diamond Corp. has announced that William Lamb is retiring as its Chief Executive Officer and stepping down from the Board of Directors. He will be replaced by Eira Thomas, a founder and director of the company who will be assuming the role of CEO. In addition, Catherine McLeod Seltzer, also a Lucara co-founder, will be joining the Board

Read More »

Nirav Modi’s Firestar Diamond Files for Bankruptcy

Mumbai: Firestar Diamond, a company owned by Mr. Nirav Modi, the billionaire jeweller at the heart of a $2 billion fraud case in India, has filed for bankruptcy in a New York court, as investigators stepped up their investigation into a case that has stunned the country of India, reports Reuters. Firestar Diamond, which on its website states that its

Read More »

GJEPC Leads Strong Indian Contingent at HK Show

Mumbai: India Pavilion at the Hong Kong International Diamond, Gem and Pearl Show 2018 showcases 50 Exhibitiors and Hong Kong Intl Jewellery Show 2018 has 33 Exhibitors Hong Kong, February 27, 2018: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gems & jewellery industry in India, is organizing India Pavilion at 5th Hong Kong International

Read More »

IIDGR to Launch Education Courses in Chinese

London: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, yesterday announced it will launch two of its diamond education courses in Simplified Chinese, helping students in one of the largest and fastest growing markets for diamond jewellery to enhance their knowledge of the industry.The online Diamond Foundation Course, which was launched last year and

Read More »

William Lamb Steps Down as Lucara CEO

Vancouver: Lucara Diamond Corp. has announced that William Lamb is retiring as its Chief Executive Officer and stepping down from the Board of Directors. He will be replaced by Eira Thomas, a founder and director of the company who will be assuming the role of CEO. In addition, Catherine McLeod Seltzer, also a Lucara co-founder, will be joining the Board

Read More »

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