Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?

Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers

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Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?

Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers

Read More »

Top News

AWDC & GJEPC to Join MyKYCBank Project

Mumbai: The Antwerp World Diamond Centre (AWDC) and the Gem and Jewellery Export Promotion Council (GJEPC) have announced that they would join forces in rolling out an industry-wide Know-Your-Customer (KYC) exchange platform, MyKYCBank. The MyKYCBank platform, which is launched by the GJEPC through an independent subsidiary, provides a centralized platform for companies in the industry to complete and manage their

Read More »

Collection of Natural Fancy Color Diamonds

Los Angeles: Visitors to the Natural History Museum of Los Angeles (NHMLA) will have a rare opportunity to see some of the world’s most coveted natural fancy color diamonds at Green Diamonds: Natural Radiance, opening on December 9, 2017. New York-based Optimum Diamonds LLC, one of the world’s elite houses for rare and exotic natural fancy color diamonds, will have

Read More »

India May Cut Import Duty on Gold

New Delhi: After a pause of more than four years, the government is all set to cut import duty on gold by about half from the existing 10%, reports Deccan Herald. The move will help the country’s gems and jewellery sector, which has been facing a severe blow with exports down about 10%. But the duty reduction may come in

Read More »

Registration Now Open for Israel’s IDW

Ramat Gan: The excitement has begun: registration is now open for the seventh International Diamond Week in Israel (IDWI), to be held from February 5 to 7, 2018 at the Israel Diamond Exchange (IDE).  This event has become an essential feature on the calendar of professional diamond dealers worldwide. The event, which annually attracts hundreds of international buyers, promises to

Read More »

AWDC & GJEPC to Join MyKYCBank Project

Mumbai: The Antwerp World Diamond Centre (AWDC) and the Gem and Jewellery Export Promotion Council (GJEPC) have announced that they would join forces in rolling out an industry-wide Know-Your-Customer (KYC) exchange platform, MyKYCBank. The MyKYCBank platform, which is launched by the GJEPC through an independent subsidiary, provides a centralized platform for companies in the industry to complete and manage their

Read More »

Collection of Natural Fancy Color Diamonds

Los Angeles: Visitors to the Natural History Museum of Los Angeles (NHMLA) will have a rare opportunity to see some of the world’s most coveted natural fancy color diamonds at Green Diamonds: Natural Radiance, opening on December 9, 2017. New York-based Optimum Diamonds LLC, one of the world’s elite houses for rare and exotic natural fancy color diamonds, will have

Read More »

India May Cut Import Duty on Gold

New Delhi: After a pause of more than four years, the government is all set to cut import duty on gold by about half from the existing 10%, reports Deccan Herald. The move will help the country’s gems and jewellery sector, which has been facing a severe blow with exports down about 10%. But the duty reduction may come in

Read More »

Registration Now Open for Israel’s IDW

Ramat Gan: The excitement has begun: registration is now open for the seventh International Diamond Week in Israel (IDWI), to be held from February 5 to 7, 2018 at the Israel Diamond Exchange (IDE).  This event has become an essential feature on the calendar of professional diamond dealers worldwide. The event, which annually attracts hundreds of international buyers, promises to

Read More »

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