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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
Mujeres Brillantes Strikes Promising future
Vicenza: The international group of women in the jewelry and watchmaking industry, Mujeres Brillantes, has just over a year since its founding. During this time, the organization has achieved worldwide recognition. On this occasion, within the framework of the Annual Meeting of Mubri, members of the distinguished group travelled to participate in the Fair of VicenzaOro. The space in Italy
Natyawada Wins Dajikaka Gadgil Karandak
Mumbai: Second edition of Dajikaka Gadgil Karandak, a one act play competition organized by PNG Jewellers witnessed its final round on 26th September 2017 in Pune. The competition was a platform for theatre artists from across Maharashtra and Goa to showcase their love for theatre in Hindi, Marathi and English. Natyawada from Aurangabad won the first prize, Malhar Rangamanch from
CIBJO Seminar Supports EU Regulations
Milan: The significance and potential impact on the jewellery industry of Regulation (EU) 2017/821, which will control the import into the European Union of gold, tin, tantalum and tungsten from conflict and high-risk areas, came under the spotlight at a seminar for the jewellery industry in Vicenza on September 24, organised by CIBJO and the Italian Exhibition Group. Participants were
India's GDP Growth to Fall to 6.7% in FY18
New Delhi, (Ind-Ra): Poor gross domestic product (GDP) growth in two successive quarters – 4QFY17 and 1QFY18 – has changed the growth prospects for FY18, says India Ratings and Research (Ind-Ra). The combined effect of demonetisation and introduction of goods and services tax (GST) is proving to be more disruptive for the economy than was expected earlier. While the introduction
Mujeres Brillantes Strikes Promising future
Vicenza: The international group of women in the jewelry and watchmaking industry, Mujeres Brillantes, has just over a year since its founding. During this time, the organization has achieved worldwide recognition. On this occasion, within the framework of the Annual Meeting of Mubri, members of the distinguished group travelled to participate in the Fair of VicenzaOro. The space in Italy
Natyawada Wins Dajikaka Gadgil Karandak
Mumbai: Second edition of Dajikaka Gadgil Karandak, a one act play competition organized by PNG Jewellers witnessed its final round on 26th September 2017 in Pune. The competition was a platform for theatre artists from across Maharashtra and Goa to showcase their love for theatre in Hindi, Marathi and English. Natyawada from Aurangabad won the first prize, Malhar Rangamanch from
CIBJO Seminar Supports EU Regulations
Milan: The significance and potential impact on the jewellery industry of Regulation (EU) 2017/821, which will control the import into the European Union of gold, tin, tantalum and tungsten from conflict and high-risk areas, came under the spotlight at a seminar for the jewellery industry in Vicenza on September 24, organised by CIBJO and the Italian Exhibition Group. Participants were
India's GDP Growth to Fall to 6.7% in FY18
New Delhi, (Ind-Ra): Poor gross domestic product (GDP) growth in two successive quarters – 4QFY17 and 1QFY18 – has changed the growth prospects for FY18, says India Ratings and Research (Ind-Ra). The combined effect of demonetisation and introduction of goods and services tax (GST) is proving to be more disruptive for the economy than was expected earlier. While the introduction
