We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
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
Top News
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
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
India to Boost Mechanism to Up Jewellery Exports
New Delhi: India’s Commerce and Industry Minister Mr. Suresh Prabhu on Friday made a strong point for setting up an institutional mechanism to drive up jewellery exports. Exports of gems and jewellery had declined by 24.5 per cent to USD 3.3 billion in October, from 4.38 billion in the year-ago period. Addressing India Gold Policy and Jewellery Summit organized by
Winners of 2016/17 Shining Light Awards
Gaborone: De Beers Group is pleased to announce the winners of the 2016/17 Shining Light Awards: The De Beers Young Jewellery Designers Skills Development Initiative, which were revealed at a red carpet event in Windhoek, Namibia, last night. The awards, which recognise and celebrate emerging jewellery designers in Botswana, Namibia and South Africa, provide entrants with a valuable platform to
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
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
India to Boost Mechanism to Up Jewellery Exports
New Delhi: India’s Commerce and Industry Minister Mr. Suresh Prabhu on Friday made a strong point for setting up an institutional mechanism to drive up jewellery exports. Exports of gems and jewellery had declined by 24.5 per cent to USD 3.3 billion in October, from 4.38 billion in the year-ago period. Addressing India Gold Policy and Jewellery Summit organized by
Winners of 2016/17 Shining Light Awards
Gaborone: De Beers Group is pleased to announce the winners of the 2016/17 Shining Light Awards: The De Beers Young Jewellery Designers Skills Development Initiative, which were revealed at a red carpet event in Windhoek, Namibia, last night. The awards, which recognise and celebrate emerging jewellery designers in Botswana, Namibia and South Africa, provide entrants with a valuable platform to
