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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Malca-Amit Develops Digital Payment Solutions

Hong Kong: Malca-Amit announced it has taken a lead investment in a revolutionary Fintech startup named Mazalit. The venture, founded and headed by veteran diamantaire Zeev Maimon, has developed a b2b blockchain-based payment platform that will gradually bring solutions like instant mobile payment, escrow services, billing and credit services to the global diamond, gem and jewellery industry and trade. Malca-Amit’s

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India Gold & Jewellery Summit on 1-2 Dec

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) will be hosting the first ever India Gold & Jewellery Summit at Vigyan Bhavan, Delhi on December 1 & 2, 2017 to bring together all stakeholders of the industry on a common platform. The aim is to help in defining a clear gold policy framework that will promote transparency and

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John Stamos Proposes with a Platinum Ring

Mumbai:  The subtle and simplistic elegance of platinum has made it the most preferred choice for engagement rings amongst couples across the world. Leading this trend are the celebrities who are known for indulging their partners with the most exquisite platinum engagement rings. The Full House (and Fuller House) star John Stamos recently proposed to model Caitlin McHugh with a

Read More »

De Beers’ Diamond Conference on 7th Nov

Gaborone: The De Beers diamond conference on sustainability is set to take place on 7 November 2017 in Gaborone, Botswana. De Beers said the conference, which would be convened in partnership with the Botswana ministry of mineral resources and under the guidance of the United Nations Office for Partnerships (UNOP), would focus on ways the diamond sector can work together

Read More »

Malca-Amit Develops Digital Payment Solutions

Hong Kong: Malca-Amit announced it has taken a lead investment in a revolutionary Fintech startup named Mazalit. The venture, founded and headed by veteran diamantaire Zeev Maimon, has developed a b2b blockchain-based payment platform that will gradually bring solutions like instant mobile payment, escrow services, billing and credit services to the global diamond, gem and jewellery industry and trade. Malca-Amit’s

Read More »

India Gold & Jewellery Summit on 1-2 Dec

New Delhi: India’s Gem & Jewellery Export Promotion Council (GJEPC) will be hosting the first ever India Gold & Jewellery Summit at Vigyan Bhavan, Delhi on December 1 & 2, 2017 to bring together all stakeholders of the industry on a common platform. The aim is to help in defining a clear gold policy framework that will promote transparency and

Read More »

John Stamos Proposes with a Platinum Ring

Mumbai:  The subtle and simplistic elegance of platinum has made it the most preferred choice for engagement rings amongst couples across the world. Leading this trend are the celebrities who are known for indulging their partners with the most exquisite platinum engagement rings. The Full House (and Fuller House) star John Stamos recently proposed to model Caitlin McHugh with a

Read More »

De Beers’ Diamond Conference on 7th Nov

Gaborone: The De Beers diamond conference on sustainability is set to take place on 7 November 2017 in Gaborone, Botswana. De Beers said the conference, which would be convened in partnership with the Botswana ministry of mineral resources and under the guidance of the United Nations Office for Partnerships (UNOP), would focus on ways the diamond sector can work together

Read More »

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