Global Gold City Project Announced
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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
Top News
‘Glimpz 2017’ Exhibition at IIGJ
Mumbai: ‘Glimpz-17 ‘Exhibition was an important event for the Indian Institute of Gems & Jewellery, Mumbai. Every year the 3 Year Degree Program culminates with a Graduating Project during which the students create collections of jewellery on particular themes. This year the students of Degree Bach 11 were asked to work on the Theme “Art-ism” which means an art movement.
202-Carat Diamond Unearthed from Letšeng Mine
Maseru: Gem Diamonds announced the recovery of a high-quality 202-carat, D color Type IIa diamond from the Letšeng mine in Lesotho. It is the seventh diamond of over 100 carats to be recovered to date in 2017 from Letšeng. In 2016, Gem Diamonds unearthed just five diamonds larger than 100 carats. In their Q3 2017 trading update, Gem Diamonds’ CEO,
Live Demo Jewellery Testing by GSI at Dubai
Dubai: GSI, a leading diamond grading organization conducted a live demo testing at their breakfast seminar at DMCC Dubai. The seminar addressed managing the challenges on the myths, facts, and realities associated with the man-made diamonds. There were various misconceptions around the industry about the lab grown diamond and to address the major rising concern, GSI initiated a seminar
De Beers to Launch Biggest Diamond Mining Vessel
Windhoek: Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, yesterday announced it is planning for the construction of the world’s largest custom-built diamond mining vessel. The new vessel, which is projected to cost approximately US$142 million (N$2 billion), is expected to commence operations in 2021. It will work alongside the
‘Glimpz 2017’ Exhibition at IIGJ
Mumbai: ‘Glimpz-17 ‘Exhibition was an important event for the Indian Institute of Gems & Jewellery, Mumbai. Every year the 3 Year Degree Program culminates with a Graduating Project during which the students create collections of jewellery on particular themes. This year the students of Degree Bach 11 were asked to work on the Theme “Art-ism” which means an art movement.
202-Carat Diamond Unearthed from Letšeng Mine
Maseru: Gem Diamonds announced the recovery of a high-quality 202-carat, D color Type IIa diamond from the Letšeng mine in Lesotho. It is the seventh diamond of over 100 carats to be recovered to date in 2017 from Letšeng. In 2016, Gem Diamonds unearthed just five diamonds larger than 100 carats. In their Q3 2017 trading update, Gem Diamonds’ CEO,
Live Demo Jewellery Testing by GSI at Dubai
Dubai: GSI, a leading diamond grading organization conducted a live demo testing at their breakfast seminar at DMCC Dubai. The seminar addressed managing the challenges on the myths, facts, and realities associated with the man-made diamonds. There were various misconceptions around the industry about the lab grown diamond and to address the major rising concern, GSI initiated a seminar
De Beers to Launch Biggest Diamond Mining Vessel
Windhoek: Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, yesterday announced it is planning for the construction of the world’s largest custom-built diamond mining vessel. The new vessel, which is projected to cost approximately US$142 million (N$2 billion), is expected to commence operations in 2021. It will work alongside the
