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 »

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 »

Top News

Collection of Natural Fancy Color Diamonds

Los Angeles: Visitors to the Natural History Museum of Los Angeles (NHMLA) will have a rare opportunity to see some of the world’s most coveted natural fancy color diamonds at Green Diamonds: Natural Radiance, opening on December 9, 2017. New York-based Optimum Diamonds LLC, one of the world’s elite houses for rare and exotic natural fancy color diamonds, will have

Read More »

India May Cut Import Duty on Gold

New Delhi: After a pause of more than four years, the government is all set to cut import duty on gold by about half from the existing 10%, reports Deccan Herald. The move will help the country’s gems and jewellery sector, which has been facing a severe blow with exports down about 10%. But the duty reduction may come in

Read More »

Registration Now Open for Israel’s IDW

Ramat Gan: The excitement has begun: registration is now open for the seventh International Diamond Week in Israel (IDWI), to be held from February 5 to 7, 2018 at the Israel Diamond Exchange (IDE).  This event has become an essential feature on the calendar of professional diamond dealers worldwide. The event, which annually attracts hundreds of international buyers, promises to

Read More »

India to Boost Mechanism to Up Jewellery Exports

New Delhi: India’s Commerce and Industry Minister Mr. Suresh Prabhu on Friday made a strong point for setting up an institutional mechanism to drive up jewellery exports. Exports of gems and jewellery had declined by 24.5 per cent to USD 3.3 billion in October, from 4.38 billion in the year-ago period. Addressing India Gold Policy and Jewellery Summit organized by

Read More »

Collection of Natural Fancy Color Diamonds

Los Angeles: Visitors to the Natural History Museum of Los Angeles (NHMLA) will have a rare opportunity to see some of the world’s most coveted natural fancy color diamonds at Green Diamonds: Natural Radiance, opening on December 9, 2017. New York-based Optimum Diamonds LLC, one of the world’s elite houses for rare and exotic natural fancy color diamonds, will have

Read More »

India May Cut Import Duty on Gold

New Delhi: After a pause of more than four years, the government is all set to cut import duty on gold by about half from the existing 10%, reports Deccan Herald. The move will help the country’s gems and jewellery sector, which has been facing a severe blow with exports down about 10%. But the duty reduction may come in

Read More »

Registration Now Open for Israel’s IDW

Ramat Gan: The excitement has begun: registration is now open for the seventh International Diamond Week in Israel (IDWI), to be held from February 5 to 7, 2018 at the Israel Diamond Exchange (IDE).  This event has become an essential feature on the calendar of professional diamond dealers worldwide. The event, which annually attracts hundreds of international buyers, promises to

Read More »

India to Boost Mechanism to Up Jewellery Exports

New Delhi: India’s Commerce and Industry Minister Mr. Suresh Prabhu on Friday made a strong point for setting up an institutional mechanism to drive up jewellery exports. Exports of gems and jewellery had declined by 24.5 per cent to USD 3.3 billion in October, from 4.38 billion in the year-ago period. Addressing India Gold Policy and Jewellery Summit organized by

Read More »

Latest Videos