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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
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Gemfields-FABERGÉ Unveil Laser-Inscribed Emerald
London: Gemfields and Fabergé have unveiled what is believed to be the world’s first emerald, laser-inscribed with traceability information and a personalised message. The 4.11 carat, lively green emerald-cut gemstone was mined at Gemfields’ Kagem emerald mine in Zambia. The gem was then acquired and mounted by Fabergé as a custom-crafted item for the successful winner of a charity auction
PNG Jewellers Arranges Meet & Greet With Salman
Mumbai: Recognized by its originality and their customer centric services across the globe, P.N. Gadgil Jewellers orchestrates a ‘Meet-and-greet with Bollywood Superstar Salman Khan’ on 12th January, 2018 during the launch of its 27th store at Pimpri, Pune. As a part of the Diwali’17 campaign offered by P.N. Gadgil Jewellers from 21st September, 2017 till 31st, October 2017 on making
1st India Rough Gemstones Show in Jaipur from 8 Jan
Mumbai: Miners and traders in rough gemstones from Afghanistan, Canada, Ethiopia, Hong Kong, Madagascar, Tanzania, Thailand and Zambia are among the 25 international companies part in the first-ever B2B trade show exclusively for Rough Gemstones being organized by The Gem & Jewellery Export Promotion Council (GJEPC) at Hotel Marriott in Jaipur from January 8-10, 2018. With a number of suppliers
EU Takes over Chairmanship of Kimberley Process
The European Union (EU) has taken over as chair of the Kimberley Process (KP) as of today under the leadership of High Representative Vice President Federica Mogherini. The EU was vice-chair last year when Australia headed the body. India is the vice-chair this year and will chair the organization in 2019. Mogherini said, “For the European Union, the Kimberley Process
Gemfields-FABERGÉ Unveil Laser-Inscribed Emerald
London: Gemfields and Fabergé have unveiled what is believed to be the world’s first emerald, laser-inscribed with traceability information and a personalised message. The 4.11 carat, lively green emerald-cut gemstone was mined at Gemfields’ Kagem emerald mine in Zambia. The gem was then acquired and mounted by Fabergé as a custom-crafted item for the successful winner of a charity auction
PNG Jewellers Arranges Meet & Greet With Salman
Mumbai: Recognized by its originality and their customer centric services across the globe, P.N. Gadgil Jewellers orchestrates a ‘Meet-and-greet with Bollywood Superstar Salman Khan’ on 12th January, 2018 during the launch of its 27th store at Pimpri, Pune. As a part of the Diwali’17 campaign offered by P.N. Gadgil Jewellers from 21st September, 2017 till 31st, October 2017 on making
1st India Rough Gemstones Show in Jaipur from 8 Jan
Mumbai: Miners and traders in rough gemstones from Afghanistan, Canada, Ethiopia, Hong Kong, Madagascar, Tanzania, Thailand and Zambia are among the 25 international companies part in the first-ever B2B trade show exclusively for Rough Gemstones being organized by The Gem & Jewellery Export Promotion Council (GJEPC) at Hotel Marriott in Jaipur from January 8-10, 2018. With a number of suppliers
EU Takes over Chairmanship of Kimberley Process
The European Union (EU) has taken over as chair of the Kimberley Process (KP) as of today under the leadership of High Representative Vice President Federica Mogherini. The EU was vice-chair last year when Australia headed the body. India is the vice-chair this year and will chair the organization in 2019. Mogherini said, “For the European Union, the Kimberley Process
