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

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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

Read More »

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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

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5% VAT in UAE to Hurt India’s Exports: GJEPC

Mumbai: Starting January 1, the UAE (United Arab Emirates) will impose a 5% VAT on most goods and services, including rough and polished diamonds and gold. Now, Praveen Shankar Pandya, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) says that the tax will hurt gold jewelry exports from India as the UAE is one of the major buyers

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 »

5% VAT in UAE to Hurt India’s Exports: GJEPC

Mumbai: Starting January 1, the UAE (United Arab Emirates) will impose a 5% VAT on most goods and services, including rough and polished diamonds and gold. Now, Praveen Shankar Pandya, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) says that the tax will hurt gold jewelry exports from India as the UAE is one of the major buyers

Read More »

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