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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
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
Top News
HRD Antwerp Opens Jewellery Grading Lab in SEEPZ
Mumbai: HRD Antwerp has announced the opening of a jewellery grading lab in the Santacruz Electronics Export Processing Zone (SEEPZ) in Mumbai, established for manufacturers exporting to various international locations. “Our customers will have safe, reliable and easy access to our services. Our laboratory has the know-how and tools to thoroughly analyse jewellery, and to provide a general description of
AWDC to Organize First-Ever Hackathon
Antwerp: The Antwerp World Diamond Centre (AWDC) will organize the first-ever hackathon in the diamond industry on 4 – 6 May 2018 at Antwerp Expo, Jan Van Rijswijcklaan 191, 2000 Antwerp. A hackathon is an open-innovation weekend where like-minded people from different backgrounds come together to co-create solutions, this time for the diamond industry! AWDC has set up 3 challenges,
GIC Announces ‘Manthan’ Conclave on 5-6th April
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), formerly known as All India Gems & Jewellery Trade Federation (GJF), announced Manthan Gems & Jewellery Conclave 2018 on April 5- 6 at Hotel Sahara Star, Mumbai. Leading and notable luminaries from various walks of life will share their views on varied topics like Leadership is about creating leaders, Creating
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
HRD Antwerp Opens Jewellery Grading Lab in SEEPZ
Mumbai: HRD Antwerp has announced the opening of a jewellery grading lab in the Santacruz Electronics Export Processing Zone (SEEPZ) in Mumbai, established for manufacturers exporting to various international locations. “Our customers will have safe, reliable and easy access to our services. Our laboratory has the know-how and tools to thoroughly analyse jewellery, and to provide a general description of
AWDC to Organize First-Ever Hackathon
Antwerp: The Antwerp World Diamond Centre (AWDC) will organize the first-ever hackathon in the diamond industry on 4 – 6 May 2018 at Antwerp Expo, Jan Van Rijswijcklaan 191, 2000 Antwerp. A hackathon is an open-innovation weekend where like-minded people from different backgrounds come together to co-create solutions, this time for the diamond industry! AWDC has set up 3 challenges,
GIC Announces ‘Manthan’ Conclave on 5-6th April
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), formerly known as All India Gems & Jewellery Trade Federation (GJF), announced Manthan Gems & Jewellery Conclave 2018 on April 5- 6 at Hotel Sahara Star, Mumbai. Leading and notable luminaries from various walks of life will share their views on varied topics like Leadership is about creating leaders, Creating
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
