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

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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 »

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Shining Light Awards Finalists for 2016-2017

Gaborone: De Beers Group is pleased to announce the nine regional finalists in this year’s Shining Light Awards, which recognize emerging jewellery designers in Botswana, Namibia and South Africa and provide them with a valuable platform to build their careers in the jewellery design industry. The finalists, three from each country, were selected for their captivating jewellery designs from more

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Moody’s Upgrades Ratings of Nine PSUs

New Delhi: In step with India rating upgrade, Moody’s Investors Service on Friday upgraded issuer ratings of nine state-owned firms including oil producer Oil and Natural Gas Corp. (ONGC), refiners Indian Oil Corp. (IOC) , Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL), power generator NTPC and gas utility GAIL (India). The foreign currency issuer ratings of

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DPA Launches its Operations in India

Mumbai: The Diamond Producers Association (DPA) announced the launch of their operations in India to strengthen the diamond sector, by promoting the integrity and reputation of diamonds and ensuring the sustainability of the diamond industry. The DPA is an alliance of seven of the largest diamond mining companies in the world, which together represent over 75% of the world’s diamond

Read More »

PGI Launches Campaign for New Evara

Mumbai: Platinum Guild International (PGI) launched a stirring new integrated advertising and marketing campaign to promote the all new range of its brand Platinum Evara. The campaign targets the millennial bride and groom who today prefer platinum jewellery for its subtlety and, its emotional quotient. The campaign is a 360 degree program led by a new TVC, and supported by

Read More »

Shining Light Awards Finalists for 2016-2017

Gaborone: De Beers Group is pleased to announce the nine regional finalists in this year’s Shining Light Awards, which recognize emerging jewellery designers in Botswana, Namibia and South Africa and provide them with a valuable platform to build their careers in the jewellery design industry. The finalists, three from each country, were selected for their captivating jewellery designs from more

Read More »

Moody’s Upgrades Ratings of Nine PSUs

New Delhi: In step with India rating upgrade, Moody’s Investors Service on Friday upgraded issuer ratings of nine state-owned firms including oil producer Oil and Natural Gas Corp. (ONGC), refiners Indian Oil Corp. (IOC) , Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL), power generator NTPC and gas utility GAIL (India). The foreign currency issuer ratings of

Read More »

DPA Launches its Operations in India

Mumbai: The Diamond Producers Association (DPA) announced the launch of their operations in India to strengthen the diamond sector, by promoting the integrity and reputation of diamonds and ensuring the sustainability of the diamond industry. The DPA is an alliance of seven of the largest diamond mining companies in the world, which together represent over 75% of the world’s diamond

Read More »

PGI Launches Campaign for New Evara

Mumbai: Platinum Guild International (PGI) launched a stirring new integrated advertising and marketing campaign to promote the all new range of its brand Platinum Evara. The campaign targets the millennial bride and groom who today prefer platinum jewellery for its subtlety and, its emotional quotient. The campaign is a 360 degree program led by a new TVC, and supported by

Read More »

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