The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

Read More »

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ALROSA Mined 34.17 Ct Yellow Diamond

Moscow: ALROSA’s affiliate Almazy Anabara has extracted a large 34.17-carat yellow diamond. It is the largest fancy-colored rough diamond extracted by the Company this year. The rough diamond, extracted from Ebelyakh alluvial deposit, measures 20.17 х 19.65 х 15.1 mm. It is a transparent intense yellow crystal with a small inclusion in the intermediate zone. Before the end of October,

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CIBJO Releases Pearl Com's Special Report

Milan: With fewer than three weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the seventh of the CIBJO commissions’ Special Reports has been released. Prepared by Kenneth Scarratt, President of the organisation’s Pearl Commission, the report highlights a worrying trend that is largely evident in the social media, whereby marketers

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India’s Gold Import Doubled in Apr-Sep 2017

New Delhi: India’s gold import more than doubled to $16.95 billion during the first six months of the current financial year, as per the data by Ministry of Commerce. The imports of the precious metal were around $6.88 billion during the period April- September last fiscal, the data said. However, the import of gold dropped by 5% to $1.71 billion

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De Beers’ 8th Cycle Fetches $307 Mln.

Gaborone: De Beers sold rough diamonds with a provisional value of $307 million in the eighth sales cycle (Global Sightholder Sales and Auction Sales) of 2017, as the miner offered fewer diamonds for sale due to Jewish holidays and the Diwali festival. Bruce Cleaver, CEO, De Beers Group, said, “De Beers offered fewer rough diamonds for sale in Cycle 8,

Read More »

ALROSA Mined 34.17 Ct Yellow Diamond

Moscow: ALROSA’s affiliate Almazy Anabara has extracted a large 34.17-carat yellow diamond. It is the largest fancy-colored rough diamond extracted by the Company this year. The rough diamond, extracted from Ebelyakh alluvial deposit, measures 20.17 х 19.65 х 15.1 mm. It is a transparent intense yellow crystal with a small inclusion in the intermediate zone. Before the end of October,

Read More »

CIBJO Releases Pearl Com's Special Report

Milan: With fewer than three weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the seventh of the CIBJO commissions’ Special Reports has been released. Prepared by Kenneth Scarratt, President of the organisation’s Pearl Commission, the report highlights a worrying trend that is largely evident in the social media, whereby marketers

Read More »

India’s Gold Import Doubled in Apr-Sep 2017

New Delhi: India’s gold import more than doubled to $16.95 billion during the first six months of the current financial year, as per the data by Ministry of Commerce. The imports of the precious metal were around $6.88 billion during the period April- September last fiscal, the data said. However, the import of gold dropped by 5% to $1.71 billion

Read More »

De Beers’ 8th Cycle Fetches $307 Mln.

Gaborone: De Beers sold rough diamonds with a provisional value of $307 million in the eighth sales cycle (Global Sightholder Sales and Auction Sales) of 2017, as the miner offered fewer diamonds for sale due to Jewish holidays and the Diwali festival. Bruce Cleaver, CEO, De Beers Group, said, “De Beers offered fewer rough diamonds for sale in Cycle 8,

Read More »

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