Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
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
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
Top News
Global Gold Demand Falls 9% in Q3
Mumbai: Global gold demand in Q3 2017 was 915 tonnes (t), a drop of 9% compared with the same period in 2016, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This decline was led by two key factors: a softer quarter in the jewellery sector and significantly lower inflows into exchange-traded funds (ETFs). Global jewellery demand
Sotheby’s to Auction Donnersmarck Diamonds
Geneva: To mark ten highly successful years of dedicated Noble Jewels sales in Geneva, Sotheby’s will offer at auction The Donnersmarck Diamonds, a pair of extraordinary Fancy Intense Yellow diamonds with impeccable aristocratic provenance. The superb diamonds, formerly in the Collection of the Princely Family von Donnersmarck, consist of a cushion-shaped diamond weighing 102.54 carats, and a pear-shaped diamond weighing
De Beers Partners with UN Women
Gaborone: De Beers Group and United Nations (UN) Women, in collaboration with Botswana’s Ministry of Nationality, Immigration and Gender Affairs, yesterday announced a BWP8 million, three-year investment in capacity-building programmes to support women micro-entrepreneurs in select villages in the Okavango Delta and Kweneng District. The announcement was made at yesterday’s W Summit in Gaborone, convened by De Beers, which focuses
Argyle Pink Tender Delivers Record Result
Perth: Rio Tinto’s 2017 Argyle Pink Diamonds Tender collection of 58 rare pink, red and violet diamonds from its Argyle mine has delivered a record result, reflecting strong global demand for these increasingly rare diamonds. Known as Custodions of Rare Beauty, the 2017 collection of 58 pink, red and blue diamonds was highly sought after with the winners comprising collectors,
Global Gold Demand Falls 9% in Q3
Mumbai: Global gold demand in Q3 2017 was 915 tonnes (t), a drop of 9% compared with the same period in 2016, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. This decline was led by two key factors: a softer quarter in the jewellery sector and significantly lower inflows into exchange-traded funds (ETFs). Global jewellery demand
Sotheby’s to Auction Donnersmarck Diamonds
Geneva: To mark ten highly successful years of dedicated Noble Jewels sales in Geneva, Sotheby’s will offer at auction The Donnersmarck Diamonds, a pair of extraordinary Fancy Intense Yellow diamonds with impeccable aristocratic provenance. The superb diamonds, formerly in the Collection of the Princely Family von Donnersmarck, consist of a cushion-shaped diamond weighing 102.54 carats, and a pear-shaped diamond weighing
De Beers Partners with UN Women
Gaborone: De Beers Group and United Nations (UN) Women, in collaboration with Botswana’s Ministry of Nationality, Immigration and Gender Affairs, yesterday announced a BWP8 million, three-year investment in capacity-building programmes to support women micro-entrepreneurs in select villages in the Okavango Delta and Kweneng District. The announcement was made at yesterday’s W Summit in Gaborone, convened by De Beers, which focuses
Argyle Pink Tender Delivers Record Result
Perth: Rio Tinto’s 2017 Argyle Pink Diamonds Tender collection of 58 rare pink, red and violet diamonds from its Argyle mine has delivered a record result, reflecting strong global demand for these increasingly rare diamonds. Known as Custodions of Rare Beauty, the 2017 collection of 58 pink, red and blue diamonds was highly sought after with the winners comprising collectors,
