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
Ahmed Bin Sulayem to Chair DDE in Jan, 2018
Dubai: Ahmed Bin Sulayem, Executive Chairman, DMCC will assume charge as the Chairman of the Dubai Diamond Exchange (DDE) on January 31, 2018 when the current Chairman Peter Meeus steps down after 12 years in that position. In a statement released today, DMCC said this was further to the earlier announcement that Meeus would be stepping down made at
De Beers to Sell Voorspoed Mine
Johannesburg: De Beers Group recently announced it is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa. After evaluating a range of options, the decision to place Voorspoed mine on the market has been taken to provide the opportunity for responsible lower-cost operators to employ a different operating model that could potentially
IDI Hopeful Before HKJMA Show
Ramat Gan: Encouraged by the rise in demand from Asian markets and success at previous shows in the region, the Israeli Diamond Industry (IDI) is looking forward to a positive experience at the Hong Kong International Jewellery Manufacturers’ Show, being held from November 30 to December 3 at the Hong Kong Convention & Exhibition Centre. This is the fourth time
Forevermark Launches at PMJ Jewels, Hyderabad
Hyderabad: PMJ Jewels, a brand that promises to create jewellery with utmost love & passion have partnered with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their store in Hyderabad. Forevermark encompasses the promise of beautiful, rare and responsibly sourced diamonds, PMJ Jewels promises to give you a jewellery experience that is
Ahmed Bin Sulayem to Chair DDE in Jan, 2018
Dubai: Ahmed Bin Sulayem, Executive Chairman, DMCC will assume charge as the Chairman of the Dubai Diamond Exchange (DDE) on January 31, 2018 when the current Chairman Peter Meeus steps down after 12 years in that position. In a statement released today, DMCC said this was further to the earlier announcement that Meeus would be stepping down made at
De Beers to Sell Voorspoed Mine
Johannesburg: De Beers Group recently announced it is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa. After evaluating a range of options, the decision to place Voorspoed mine on the market has been taken to provide the opportunity for responsible lower-cost operators to employ a different operating model that could potentially
IDI Hopeful Before HKJMA Show
Ramat Gan: Encouraged by the rise in demand from Asian markets and success at previous shows in the region, the Israeli Diamond Industry (IDI) is looking forward to a positive experience at the Hong Kong International Jewellery Manufacturers’ Show, being held from November 30 to December 3 at the Hong Kong Convention & Exhibition Centre. This is the fourth time
Forevermark Launches at PMJ Jewels, Hyderabad
Hyderabad: PMJ Jewels, a brand that promises to create jewellery with utmost love & passion have partnered with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their store in Hyderabad. Forevermark encompasses the promise of beautiful, rare and responsibly sourced diamonds, PMJ Jewels promises to give you a jewellery experience that is
