We Wish to Build Globally Relevant SKY Gold: Akash Talesara
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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
Nirav Modi’s Firestar Diamond Files for Bankruptcy
Mumbai: Firestar Diamond, a company owned by Mr. Nirav Modi, the billionaire jeweller at the heart of a $2 billion fraud case in India, has filed for bankruptcy in a New York court, as investigators stepped up their investigation into a case that has stunned the country of India, reports Reuters. Firestar Diamond, which on its website states that its
GJEPC Leads Strong Indian Contingent at HK Show
Mumbai: India Pavilion at the Hong Kong International Diamond, Gem and Pearl Show 2018 showcases 50 Exhibitiors and Hong Kong Intl Jewellery Show 2018 has 33 Exhibitors Hong Kong, February 27, 2018: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gems & jewellery industry in India, is organizing India Pavilion at 5th Hong Kong International
IIDGR to Launch Education Courses in Chinese
London: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, yesterday announced it will launch two of its diamond education courses in Simplified Chinese, helping students in one of the largest and fastest growing markets for diamond jewellery to enhance their knowledge of the industry.The online Diamond Foundation Course, which was launched last year and
William Lamb Steps Down as Lucara CEO
Vancouver: Lucara Diamond Corp. has announced that William Lamb is retiring as its Chief Executive Officer and stepping down from the Board of Directors. He will be replaced by Eira Thomas, a founder and director of the company who will be assuming the role of CEO. In addition, Catherine McLeod Seltzer, also a Lucara co-founder, will be joining the Board
Nirav Modi’s Firestar Diamond Files for Bankruptcy
Mumbai: Firestar Diamond, a company owned by Mr. Nirav Modi, the billionaire jeweller at the heart of a $2 billion fraud case in India, has filed for bankruptcy in a New York court, as investigators stepped up their investigation into a case that has stunned the country of India, reports Reuters. Firestar Diamond, which on its website states that its
GJEPC Leads Strong Indian Contingent at HK Show
Mumbai: India Pavilion at the Hong Kong International Diamond, Gem and Pearl Show 2018 showcases 50 Exhibitiors and Hong Kong Intl Jewellery Show 2018 has 33 Exhibitors Hong Kong, February 27, 2018: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gems & jewellery industry in India, is organizing India Pavilion at 5th Hong Kong International
IIDGR to Launch Education Courses in Chinese
London: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, yesterday announced it will launch two of its diamond education courses in Simplified Chinese, helping students in one of the largest and fastest growing markets for diamond jewellery to enhance their knowledge of the industry.The online Diamond Foundation Course, which was launched last year and
William Lamb Steps Down as Lucara CEO
Vancouver: Lucara Diamond Corp. has announced that William Lamb is retiring as its Chief Executive Officer and stepping down from the Board of Directors. He will be replaced by Eira Thomas, a founder and director of the company who will be assuming the role of CEO. In addition, Catherine McLeod Seltzer, also a Lucara co-founder, will be joining the Board
