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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
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
Top News
ORRA Honoured Winners of Nach Baliye
Mumbai: ORRA, one of India’s finest jewellery retail chains, recently honoured the real life couple Divyanka Tripathi and Vivek Dahiya, the winners of Nach Baliye Season 8 with ORRA’s bestselling “Platinum Couple Bands” at their store at Inorbit Malad. The celebrated TV couple exchanged a gorgeous pair from ORRA’s Platinum Couples Collection of love bands, etched with the words “Love”
SDiX to List Diamond Bullion
Singapore: The Singapore Diamond Mint Company (“SDM”) announced the launch of the Diamond Bullion, a revolutionary new investment product designed to bolster investment in diamonds as an asset class by providing a standardised, liquid, and exchange-listed format for diamond trading. The Diamond Bullion is a credit card-sized package of investment-grade diamonds in a tamper-resistant sintered zirconia case, with a unique
Good Sentiments for Diwali: Saurabh Gadgil
Mr. Saurabh Gadgil, Chairman & Managing Director of PNG Jewellers and Director, Indian Bullion Jewellers Association (IBJA) has expressed his opinion on market sentiment and projection and for the upcoming festive season: He said, “We welcome the decision to extend the provisions of PMLA from the present limit of Rs. 50,000 to Rs. 2,00,000 in the case of jewellery purchases.
CIBJO Gemmology Comm's Sp. Report
Milan: With fewer than four weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the sixth of the CIBJO commissions’ Special Reports has been released. Prepared by Hanco Zwaan, President of the organisation’s Gemmology Commission, the report looks at a series of issues on the agenda of the gemmological community, including
ORRA Honoured Winners of Nach Baliye
Mumbai: ORRA, one of India’s finest jewellery retail chains, recently honoured the real life couple Divyanka Tripathi and Vivek Dahiya, the winners of Nach Baliye Season 8 with ORRA’s bestselling “Platinum Couple Bands” at their store at Inorbit Malad. The celebrated TV couple exchanged a gorgeous pair from ORRA’s Platinum Couples Collection of love bands, etched with the words “Love”
SDiX to List Diamond Bullion
Singapore: The Singapore Diamond Mint Company (“SDM”) announced the launch of the Diamond Bullion, a revolutionary new investment product designed to bolster investment in diamonds as an asset class by providing a standardised, liquid, and exchange-listed format for diamond trading. The Diamond Bullion is a credit card-sized package of investment-grade diamonds in a tamper-resistant sintered zirconia case, with a unique
Good Sentiments for Diwali: Saurabh Gadgil
Mr. Saurabh Gadgil, Chairman & Managing Director of PNG Jewellers and Director, Indian Bullion Jewellers Association (IBJA) has expressed his opinion on market sentiment and projection and for the upcoming festive season: He said, “We welcome the decision to extend the provisions of PMLA from the present limit of Rs. 50,000 to Rs. 2,00,000 in the case of jewellery purchases.
CIBJO Gemmology Comm's Sp. Report
Milan: With fewer than four weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the sixth of the CIBJO commissions’ Special Reports has been released. Prepared by Hanco Zwaan, President of the organisation’s Gemmology Commission, the report looks at a series of issues on the agenda of the gemmological community, including
