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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
ORRA Wins ‘Best Diamond Jewellery’ Award
Mumbai: A pair of earrings we are sure you have not seen elsewhere! Stealing the hearts of the jury, ORRA was awarded the Best Diamond Jewellery for their stunning pair of jhumka earrings titled ‘Kathakali’ at the GJTCI Excellence Awards 2017. The gala event, now in its fifth year, recognizes the top brands from the Indian Gem & Jewellery Industry
HRD Antwerp Launches Online Jewellery Course
Antwerp: The HRD Antwerp has announced the launch of our brand new online “Jewellery Consultancy Course”. This free online course, which is just the first of many free online courses, will be launched during the International Jewellery fair in Tokyo, Japan, on January 24, 2018. With more than forty years of experience in the field of Diamond and Jewellery education,
Saurabh Gadgil Appointed National VP of IBJA
Mumbai: Mr. Saurabh Gadgil has been appointed as the National Vice President for Indian Bullion and Jewellers Association’ Ltd. (IBJA) in a board meeting held on 23rd Jan, 2018. Saurabh Vidyadhar Gadgil, Chairman & Managing Director of P.N. Gadgil Jewellers, is from the distinguished and illustrious “Gadgil” family, which is a pioneer in the gold and jewellery industry of Maharashtra.
CIBJO Seminar Focused on Marine Ecosystem
Milan: In a planet threatened by uncontrolled climate change, the jewellery industry could come to be recognized as a beacon of sustainability and positive environmentalism. This was the message emanating from a seminar co-organized by CIBJO and the Italian Exhibition Group (IEG), which took place January 22 at the VICENZAORO January show in Vicenza, Italy. Entitled “Green and Blue Jewellery,
ORRA Wins ‘Best Diamond Jewellery’ Award
Mumbai: A pair of earrings we are sure you have not seen elsewhere! Stealing the hearts of the jury, ORRA was awarded the Best Diamond Jewellery for their stunning pair of jhumka earrings titled ‘Kathakali’ at the GJTCI Excellence Awards 2017. The gala event, now in its fifth year, recognizes the top brands from the Indian Gem & Jewellery Industry
HRD Antwerp Launches Online Jewellery Course
Antwerp: The HRD Antwerp has announced the launch of our brand new online “Jewellery Consultancy Course”. This free online course, which is just the first of many free online courses, will be launched during the International Jewellery fair in Tokyo, Japan, on January 24, 2018. With more than forty years of experience in the field of Diamond and Jewellery education,
Saurabh Gadgil Appointed National VP of IBJA
Mumbai: Mr. Saurabh Gadgil has been appointed as the National Vice President for Indian Bullion and Jewellers Association’ Ltd. (IBJA) in a board meeting held on 23rd Jan, 2018. Saurabh Vidyadhar Gadgil, Chairman & Managing Director of P.N. Gadgil Jewellers, is from the distinguished and illustrious “Gadgil” family, which is a pioneer in the gold and jewellery industry of Maharashtra.
CIBJO Seminar Focused on Marine Ecosystem
Milan: In a planet threatened by uncontrolled climate change, the jewellery industry could come to be recognized as a beacon of sustainability and positive environmentalism. This was the message emanating from a seminar co-organized by CIBJO and the Italian Exhibition Group (IEG), which took place January 22 at the VICENZAORO January show in Vicenza, Italy. Entitled “Green and Blue Jewellery,
