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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
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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Celebration Time for Forevermark & CKC Jewellers
Bengaluru: Forevermark, the diamond brand from the De Beers Group of Companies, celebrates its association with C. Krishniah Chetty (CKC) Jewellers in Bengaluru with their first boutique store that exclusively carries Forevermark diamonds and jewellery. Gracing the occasion was actress Disha Patani who stated, “I am truly honoured to be a part of this celebration with Forevermark and C. Krishniah
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
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
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
Celebration Time for Forevermark & CKC Jewellers
Bengaluru: Forevermark, the diamond brand from the De Beers Group of Companies, celebrates its association with C. Krishniah Chetty (CKC) Jewellers in Bengaluru with their first boutique store that exclusively carries Forevermark diamonds and jewellery. Gracing the occasion was actress Disha Patani who stated, “I am truly honoured to be a part of this celebration with Forevermark and C. Krishniah
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
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
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
