Global Gold City Project Announced
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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
Top News
Gold Demand to Get Boost in 2018: WGC
Mumbai: Gold demand will get a fillip from government policies targeted at transparency and economic growth, according to the World Gold Council (WGC). “In India, the second largest gold market in the world, we believe that after their initial implementation shock, policies such as the demonetisation initiative and the new Goods and Service Tax (GST) will start to have a
Gem Certification and Assurance Lab Joins IGDA
Morrisville: The International Grown Diamond Association (IGDA) has announced the addition of Gem Certification and Assurance Lab (GCAL) as a member. GCAL becomes the first diamond and gemstone laboratory to join the organization. With almost 40 members, which includes leading lab-grown diamond growers, distributors, suppliers, retailers and technical experts, IGDA members now span across US, China, Singapore, India, Philippines, Russia,
De Beers Progresses in Blockchain Initiative
London: De Beers Group has announced it is progressing development of the first blockchain technology initiative to span the diamond value chain and provide a single, tamper-proof and permanent digital record for every diamond registered on the platform. The initiative will underpin confidence in diamonds and the diamond industry by ensuring that all registered diamonds are conflict-free and natural, while
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
Gold Demand to Get Boost in 2018: WGC
Mumbai: Gold demand will get a fillip from government policies targeted at transparency and economic growth, according to the World Gold Council (WGC). “In India, the second largest gold market in the world, we believe that after their initial implementation shock, policies such as the demonetisation initiative and the new Goods and Service Tax (GST) will start to have a
Gem Certification and Assurance Lab Joins IGDA
Morrisville: The International Grown Diamond Association (IGDA) has announced the addition of Gem Certification and Assurance Lab (GCAL) as a member. GCAL becomes the first diamond and gemstone laboratory to join the organization. With almost 40 members, which includes leading lab-grown diamond growers, distributors, suppliers, retailers and technical experts, IGDA members now span across US, China, Singapore, India, Philippines, Russia,
De Beers Progresses in Blockchain Initiative
London: De Beers Group has announced it is progressing development of the first blockchain technology initiative to span the diamond value chain and provide a single, tamper-proof and permanent digital record for every diamond registered on the platform. The initiative will underpin confidence in diamonds and the diamond industry by ensuring that all registered diamonds are conflict-free and natural, while
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
