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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MGCJ to Launch Synthetic Diamond Identification Kit

Vancouver: One of the highlights of the upcoming 4th Mediterranean Gemmological and Jewellery Conference (MGCJ), to be held May 18-20, in Budva, Montenegro, will be the introduction of an affordable synthetic diamond identification kit and other portable instruments that will enable users to help identify loose and mounted melee-sized synthetic diamonds, as well as larger stones. MGCJ, which is a

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De Beers Signs MoU with Mountain Province

Gaborone: De Beers Group has signed a non-binding Memorandum of Understanding (MoU) with its partner in the Gahcho Kué mine, Mountain Province Diamonds Inc. (Mountain Province). The MoU contemplates incorporating properties owned by Kennady Diamonds Inc. (Kennady Diamonds) into the Gahcho Kué joint venture, in the event that Mountain Province’s proposed acquisition of Kennady Diamonds is approved. Mountain Province and

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Bold Minimalism Takes Center Stage at PlatAfrica ’17

Mumbai: Platinum Guild International (PGI) India yesterday introduced the winning designs of PLATAFRICA 2017 – a jewellery design and manufacturing competition. Presented by the world’s leading producer of the precious metal Anglo American Platinum, in association with PGI India and Metal Concentrators, the prestigious competition is open to student, apprentice and professional jewellers in South Africa to promote innovation and

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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

Read More »

MGCJ to Launch Synthetic Diamond Identification Kit

Vancouver: One of the highlights of the upcoming 4th Mediterranean Gemmological and Jewellery Conference (MGCJ), to be held May 18-20, in Budva, Montenegro, will be the introduction of an affordable synthetic diamond identification kit and other portable instruments that will enable users to help identify loose and mounted melee-sized synthetic diamonds, as well as larger stones. MGCJ, which is a

Read More »

De Beers Signs MoU with Mountain Province

Gaborone: De Beers Group has signed a non-binding Memorandum of Understanding (MoU) with its partner in the Gahcho Kué mine, Mountain Province Diamonds Inc. (Mountain Province). The MoU contemplates incorporating properties owned by Kennady Diamonds Inc. (Kennady Diamonds) into the Gahcho Kué joint venture, in the event that Mountain Province’s proposed acquisition of Kennady Diamonds is approved. Mountain Province and

Read More »

Bold Minimalism Takes Center Stage at PlatAfrica ’17

Mumbai: Platinum Guild International (PGI) India yesterday introduced the winning designs of PLATAFRICA 2017 – a jewellery design and manufacturing competition. Presented by the world’s leading producer of the precious metal Anglo American Platinum, in association with PGI India and Metal Concentrators, the prestigious competition is open to student, apprentice and professional jewellers in South Africa to promote innovation and

Read More »

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

Read More »

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