The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

Read More »

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Who Looted Zimbabwe’s Diamonds Worth $15 Billion?

Harare: The Zimbabwe Anti-Corruption Commission has opened fresh investigations into former Mines and Mining Development Minister Walter Chidhakwa over diamonds that allegedly disappeared from Government vaults during his stint at the ministry. Zacc investigators told The Sunday Mail that Chidhakwa will soon be interviewed on the precious stones which vanished in 2015. Also likely to be quizzed are former Cabinet

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PNG Jewellers Opens 27th Store in Pimpri, Pune

Mumbai: P.N.Gadgil Jewellers – a brand built on trust, excellence and innovation inaugurated its newest store in Pimpri, Pune on Friday, 12th January, 2018. This magnificent store launch was attended by the Sultan of Bollywood – Mr. Salman Khan and was inaugurated by Mr. Shrirang Barne – Member of Parliament in the presence of Mr. Saurabh Gadgil – CMD, PN

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Israel to Unveil Diamond Based Cryptocurrencies

Ramat Gan: During the next International Diamond Week in Israel (IDWI) (from February 5 – 7, 2018), the Israel Diamond Exchange (IDE) will unveil new diamond-based cryptocurrencies created by startup CARATS.IO. As part of IDWI events, CARATS.IO will host a seminar introducing their new diamond-backed financial instruments to explain their many benefits to the diamond industry. According to Founder and

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GJEPC Elects Chairman & Vice Chairman for 2018-20

Mumbai: The election results for the Chairmanship and Vice Chairmanship of GJEPC was announced today. Mr. Pramod Kumar Agarwal has been elected as the Chairman and Mr. Colin Shah has been elected as the Vice Chairman of GJEPC for the period of 2018 to 2020. Thanking the industry and GJPEC members for electing him, the new GJEPC Chairman, Mr. Pramod

Read More »

Who Looted Zimbabwe’s Diamonds Worth $15 Billion?

Harare: The Zimbabwe Anti-Corruption Commission has opened fresh investigations into former Mines and Mining Development Minister Walter Chidhakwa over diamonds that allegedly disappeared from Government vaults during his stint at the ministry. Zacc investigators told The Sunday Mail that Chidhakwa will soon be interviewed on the precious stones which vanished in 2015. Also likely to be quizzed are former Cabinet

Read More »

PNG Jewellers Opens 27th Store in Pimpri, Pune

Mumbai: P.N.Gadgil Jewellers – a brand built on trust, excellence and innovation inaugurated its newest store in Pimpri, Pune on Friday, 12th January, 2018. This magnificent store launch was attended by the Sultan of Bollywood – Mr. Salman Khan and was inaugurated by Mr. Shrirang Barne – Member of Parliament in the presence of Mr. Saurabh Gadgil – CMD, PN

Read More »

Israel to Unveil Diamond Based Cryptocurrencies

Ramat Gan: During the next International Diamond Week in Israel (IDWI) (from February 5 – 7, 2018), the Israel Diamond Exchange (IDE) will unveil new diamond-based cryptocurrencies created by startup CARATS.IO. As part of IDWI events, CARATS.IO will host a seminar introducing their new diamond-backed financial instruments to explain their many benefits to the diamond industry. According to Founder and

Read More »

GJEPC Elects Chairman & Vice Chairman for 2018-20

Mumbai: The election results for the Chairmanship and Vice Chairmanship of GJEPC was announced today. Mr. Pramod Kumar Agarwal has been elected as the Chairman and Mr. Colin Shah has been elected as the Vice Chairman of GJEPC for the period of 2018 to 2020. Thanking the industry and GJPEC members for electing him, the new GJEPC Chairman, Mr. Pramod

Read More »

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