We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
Shmuel Schnitzer Steps Down as IDI Chairman
Ramat Gan: In the wake of the departure of Shmuel Schnitzer from the post of Chairman of the Israel Diamond Institute (IDI), the organization’s Board of Directors has stated its appreciation for his years of service as Chairman of IDI and as a leader of the diamond industry. The IDI Board released a statement saying, “The Board of Directors of
Pearls and Corals to be Focused at CIBJO Seminar
Milan: Environmental, as well as social and economic responsibility in the jewellery sector will be the focus of a seminar scheduled for Monday, January 22, 2018, during the VICENZAORO January 2018 jewellery trade show in Vicenza, Italy. Titled “Green and Blue Jewellery, Environmentally Sustainable Luxury,” it is being organised by CIBJO, the World Jewellery Confederation, and the Italian Exhibition Group,
GJEPC Appoints ED, Marketing & Publicity
Mumbai: Ms. Ruchita Sharma has joined the Gem & Jewellery Export Promotion Council as the Executive Director, Promotions, Marketing and Business Development. She has over 20 years of experience spread across Marketing, Operations and Communications. Speaking about her new role at GJEPC, Ruchita Sharma said, “A robust Promotion and Marketing ecosystem is vital for the growth of the Indian gem &
India’s Gold loan market: Is the Glitter Fading?
Mumbai: The organised gold loan market in India is expected to grow to over Rs 3 lakh crore by 2020 at a three-year Compound Annual Growth Rate (CAGR) of 13.7 per cent, British consulting multinational KPMG said on Tuesday, citing its report based on an industry survey. The report titled “India’s gold loan market: Is the glitter fading?” cites the
Shmuel Schnitzer Steps Down as IDI Chairman
Ramat Gan: In the wake of the departure of Shmuel Schnitzer from the post of Chairman of the Israel Diamond Institute (IDI), the organization’s Board of Directors has stated its appreciation for his years of service as Chairman of IDI and as a leader of the diamond industry. The IDI Board released a statement saying, “The Board of Directors of
Pearls and Corals to be Focused at CIBJO Seminar
Milan: Environmental, as well as social and economic responsibility in the jewellery sector will be the focus of a seminar scheduled for Monday, January 22, 2018, during the VICENZAORO January 2018 jewellery trade show in Vicenza, Italy. Titled “Green and Blue Jewellery, Environmentally Sustainable Luxury,” it is being organised by CIBJO, the World Jewellery Confederation, and the Italian Exhibition Group,
GJEPC Appoints ED, Marketing & Publicity
Mumbai: Ms. Ruchita Sharma has joined the Gem & Jewellery Export Promotion Council as the Executive Director, Promotions, Marketing and Business Development. She has over 20 years of experience spread across Marketing, Operations and Communications. Speaking about her new role at GJEPC, Ruchita Sharma said, “A robust Promotion and Marketing ecosystem is vital for the growth of the Indian gem &
India’s Gold loan market: Is the Glitter Fading?
Mumbai: The organised gold loan market in India is expected to grow to over Rs 3 lakh crore by 2020 at a three-year Compound Annual Growth Rate (CAGR) of 13.7 per cent, British consulting multinational KPMG said on Tuesday, citing its report based on an industry survey. The report titled “India’s gold loan market: Is the glitter fading?” cites the
