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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EU Takes over Chairmanship of Kimberley Process

The European Union (EU) has taken over as chair of the Kimberley Process (KP) as of today under the leadership of High Representative Vice President Federica Mogherini. The EU was vice-chair last year when Australia headed the body. India is the vice-chair this year and will chair the organization in 2019. Mogherini said, “For the European Union, the Kimberley Process

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Preferred Mfr of India Meet in Pune from 8th Jan

Pune: In the New Year, the All India Gems & Jewellery Trade Federation (GJF) presents the bigger and better avatar of its eagerly awaited business networking event – The Preferred Manufacturer of India (PMI) in Pune from 8th to 10th January 2018 at the J W Marriott Hotel. GJF’s popular B2B marketing platform is one of the most exclusive jewellery

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ALROSA Has Formed List of Long-Term Clients

Moscow: ALROSA has formed a long-term client list for the new contract period of 2018-2020. The company’s long-term clients will take part in the first trading session on January 15 to 19 in the coming year. The complete list of clients will be published on ALROSA’s trading website. Long-term contracts are the mainstay of the marketing policy pursued by ALROSA,

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WGC Forecast for Gold Performance in 2018

London: In a recent piece titled ‘What to Expect for Gold in 2018’, John Reade, Chief Market Strategist for the World Gold Council (WGC), analyses market drivers for gold in the coming year. Financial Market Drivers in 2018: According to Reade, “monetary policy – and policymakers – will continue to be significant drivers of gold demand”. He explains that the

Read More »

EU Takes over Chairmanship of Kimberley Process

The European Union (EU) has taken over as chair of the Kimberley Process (KP) as of today under the leadership of High Representative Vice President Federica Mogherini. The EU was vice-chair last year when Australia headed the body. India is the vice-chair this year and will chair the organization in 2019. Mogherini said, “For the European Union, the Kimberley Process

Read More »

Preferred Mfr of India Meet in Pune from 8th Jan

Pune: In the New Year, the All India Gems & Jewellery Trade Federation (GJF) presents the bigger and better avatar of its eagerly awaited business networking event – The Preferred Manufacturer of India (PMI) in Pune from 8th to 10th January 2018 at the J W Marriott Hotel. GJF’s popular B2B marketing platform is one of the most exclusive jewellery

Read More »

ALROSA Has Formed List of Long-Term Clients

Moscow: ALROSA has formed a long-term client list for the new contract period of 2018-2020. The company’s long-term clients will take part in the first trading session on January 15 to 19 in the coming year. The complete list of clients will be published on ALROSA’s trading website. Long-term contracts are the mainstay of the marketing policy pursued by ALROSA,

Read More »

WGC Forecast for Gold Performance in 2018

London: In a recent piece titled ‘What to Expect for Gold in 2018’, John Reade, Chief Market Strategist for the World Gold Council (WGC), analyses market drivers for gold in the coming year. Financial Market Drivers in 2018: According to Reade, “monetary policy – and policymakers – will continue to be significant drivers of gold demand”. He explains that the

Read More »

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