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

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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

Read More »

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International Tender Center Exceeds Expectations

Ramat Gan: The International Tender Center (ITC), inaugurated by the Israel Diamond Exchange (IDE) in February 2017, has succeeded beyond expectations during its first year of activity. Due to this success, the bourse has announced that the center will be expanded later this year to encompass a venue for live auctions. ITC, a state-of-the-art facility located within the secure premises

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61st Bangkok G&J Fair Gets Record Success

Bangkok: The 61st Bangkok Gems and Jewelry Fair, organized by the Department of International Trade Promotion (DITP), Ministry of Commerce, was a resounding success with record breaking trade value to showcase the strength of Thailand’s gems and jewelry industry to the world. Held from February 21-25, 2018 at Challenger Hall 1-3, IMPACT Muang Thong Thani, the 61st edition of Bangkok

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New Diamond Deposits Found in Chivi, Zimbabwe

Harare: Rich diamond deposits have been discovered in the Sese area of Chivi, with investors scrambling to start mining the gems that are expected to catapult Masvingo Province into a mining hub. Masvingo already boosts of minerals such as lithium that is mined at Bikita Minerals, gold at Renco Mine and coal, which is mined in the Lowveld. Masvingo Provincial

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Emerald Auction in Jaipur Generated $10.8 Mln.

Mumbai: Pallinghurst has announced the results of an auction of predominantly commercial quality rough emerald held by Gemfields Ltd (“Gemfields”, which is 100% owned by Pallinghurst) in Jaipur, India from 19 – 22 February 2018. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Government of the Republic

Read More »

International Tender Center Exceeds Expectations

Ramat Gan: The International Tender Center (ITC), inaugurated by the Israel Diamond Exchange (IDE) in February 2017, has succeeded beyond expectations during its first year of activity. Due to this success, the bourse has announced that the center will be expanded later this year to encompass a venue for live auctions. ITC, a state-of-the-art facility located within the secure premises

Read More »

61st Bangkok G&J Fair Gets Record Success

Bangkok: The 61st Bangkok Gems and Jewelry Fair, organized by the Department of International Trade Promotion (DITP), Ministry of Commerce, was a resounding success with record breaking trade value to showcase the strength of Thailand’s gems and jewelry industry to the world. Held from February 21-25, 2018 at Challenger Hall 1-3, IMPACT Muang Thong Thani, the 61st edition of Bangkok

Read More »

New Diamond Deposits Found in Chivi, Zimbabwe

Harare: Rich diamond deposits have been discovered in the Sese area of Chivi, with investors scrambling to start mining the gems that are expected to catapult Masvingo Province into a mining hub. Masvingo already boosts of minerals such as lithium that is mined at Bikita Minerals, gold at Renco Mine and coal, which is mined in the Lowveld. Masvingo Provincial

Read More »

Emerald Auction in Jaipur Generated $10.8 Mln.

Mumbai: Pallinghurst has announced the results of an auction of predominantly commercial quality rough emerald held by Gemfields Ltd (“Gemfields”, which is 100% owned by Pallinghurst) in Jaipur, India from 19 – 22 February 2018. The emeralds were extracted by Kagem Mining Ltd in Zambia (“Kagem”, which is 75% owned by Gemfields and 25% by the Government of the Republic

Read More »

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