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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HRD Antwerp India Inaugurates Education Campus

Mumbai: HRD Antwerp has always been a global front-runner for industry related education, which includes diamonds, gemstones and jewellery. With the Indian gem and jewellery industry being a global leader when it comes to exports of diamonds, gemstones and jewellery, HRD Antwerp earlier this year decided to expand its education activities in India, and is now opening a brand new

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‘Forevermark’ Strikes New Partnership in Goa

Goa: Diamonds are a symbol of eternity. Forevermark, the diamond brand from The De Beers Group of Companies and Manek Gem Art International, two stalwarts of the jewellery world have been long associated and identified for their extraordinary work of art and flawless craftsmanship had organised a press meeting in Goa. Forevermark diamonds are the world’s most carefully selected diamonds.

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Global Gold Demand Falls 9% in Q3

Mumbai: Global gold demand in Q3 2017 was 915 tonnes (t), a drop of 9% compared with the same period in 2016, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This decline was led by two key factors: a softer quarter in the jewellery sector and significantly lower inflows into exchange-traded funds (ETFs). Global jewellery demand

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Sotheby’s to Auction Donnersmarck Diamonds

Geneva: To mark ten highly successful years of dedicated Noble Jewels sales in Geneva, Sotheby’s will offer at auction The Donnersmarck Diamonds, a pair of extraordinary Fancy Intense Yellow diamonds with impeccable aristocratic provenance. The superb diamonds, formerly in the Collection of the Princely Family von Donnersmarck, consist of a cushion-shaped diamond weighing 102.54 carats, and a pear-shaped diamond weighing

Read More »

HRD Antwerp India Inaugurates Education Campus

Mumbai: HRD Antwerp has always been a global front-runner for industry related education, which includes diamonds, gemstones and jewellery. With the Indian gem and jewellery industry being a global leader when it comes to exports of diamonds, gemstones and jewellery, HRD Antwerp earlier this year decided to expand its education activities in India, and is now opening a brand new

Read More »

‘Forevermark’ Strikes New Partnership in Goa

Goa: Diamonds are a symbol of eternity. Forevermark, the diamond brand from The De Beers Group of Companies and Manek Gem Art International, two stalwarts of the jewellery world have been long associated and identified for their extraordinary work of art and flawless craftsmanship had organised a press meeting in Goa. Forevermark diamonds are the world’s most carefully selected diamonds.

Read More »

Global Gold Demand Falls 9% in Q3

Mumbai: Global gold demand in Q3 2017 was 915 tonnes (t), a drop of 9% compared with the same period in 2016, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This decline was led by two key factors: a softer quarter in the jewellery sector and significantly lower inflows into exchange-traded funds (ETFs). Global jewellery demand

Read More »

Sotheby’s to Auction Donnersmarck Diamonds

Geneva: To mark ten highly successful years of dedicated Noble Jewels sales in Geneva, Sotheby’s will offer at auction The Donnersmarck Diamonds, a pair of extraordinary Fancy Intense Yellow diamonds with impeccable aristocratic provenance. The superb diamonds, formerly in the Collection of the Princely Family von Donnersmarck, consist of a cushion-shaped diamond weighing 102.54 carats, and a pear-shaped diamond weighing

Read More »

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