Global Gold City Project Announced
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Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Top News
Argyle Pink Diamond Coin Unveiled in Berlin
Perth: Rio Tinto and The Perth Mint have unveiled the first pavé set Argyle pink diamond gold coin. Known as The Jewelled Phoenix, the coin is adorned with a delicately sculptured 18ct pink gold Chinese phoenix, hand set with a total of 1.22 carats of rare pink diamonds from Rio Tinto’s Argyle diamond mine in the east Kimberley region of
Trade Expresses Mixed Reactions to India’s Budget
Mumbai: India’s Finance Minister Mr. Arun Jaitley yesterday presented the nation’s annual budget in the parliament. Various trade bodies of the gem & jewellery industry have sent their reactions which we put here in compilation: GJEPC: The newly elected Chairman of Gem & Jewellery Promotion Council (GJEPC) Mr. Pramod Agarwal said, “We welcome the Government’s development oriented Budget that will
Edi Faltz Becomes New President of WJH
Panama: The membership of the World Jewelry & Diamond Hub (WJH), Panama, Latin America’s first and only diamond exchange, has elected Edi Faltz as its new President. He replaces Mahesh Khemlani, who served in the position since September 2015. The vote took place on January 10, following an earlier decision by the diamond exchange’s management, which appointed an Election Committee
Economic Survey Favours Multiple Jewellery Parks
New Delhi: The Economic Survey, tabled by India’s Finance Minister Mr. Arun Jaitley on Monday, recommended setting up more multiple jewellery parks in order to boost exports and increase job opportunities in the Gems & Jewellery sector. India is one of the largest exporters of gems and jewellery and industry is considered to play a vital role in the country’s
Argyle Pink Diamond Coin Unveiled in Berlin
Perth: Rio Tinto and The Perth Mint have unveiled the first pavé set Argyle pink diamond gold coin. Known as The Jewelled Phoenix, the coin is adorned with a delicately sculptured 18ct pink gold Chinese phoenix, hand set with a total of 1.22 carats of rare pink diamonds from Rio Tinto’s Argyle diamond mine in the east Kimberley region of
Trade Expresses Mixed Reactions to India’s Budget
Mumbai: India’s Finance Minister Mr. Arun Jaitley yesterday presented the nation’s annual budget in the parliament. Various trade bodies of the gem & jewellery industry have sent their reactions which we put here in compilation: GJEPC: The newly elected Chairman of Gem & Jewellery Promotion Council (GJEPC) Mr. Pramod Agarwal said, “We welcome the Government’s development oriented Budget that will
Edi Faltz Becomes New President of WJH
Panama: The membership of the World Jewelry & Diamond Hub (WJH), Panama, Latin America’s first and only diamond exchange, has elected Edi Faltz as its new President. He replaces Mahesh Khemlani, who served in the position since September 2015. The vote took place on January 10, following an earlier decision by the diamond exchange’s management, which appointed an Election Committee
Economic Survey Favours Multiple Jewellery Parks
New Delhi: The Economic Survey, tabled by India’s Finance Minister Mr. Arun Jaitley on Monday, recommended setting up more multiple jewellery parks in order to boost exports and increase job opportunities in the Gems & Jewellery sector. India is one of the largest exporters of gems and jewellery and industry is considered to play a vital role in the country’s
