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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
De Beers' Initiatives to Empower Women
Gaborone: De Beers Group today announced a three-year partnership with UN Women to accelerate the advancement of women across its organisation, in its diamond producing countries and in its marketing. As a UN Women partner, De Beers has committed to achieving parity in the appointment of women and men into senior leadership roles, investing in women micro-entrepreneurs and STEM students
CIBJO Releases Special Report
Milan: With fewer than seven weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the third of the CIBJO commissions’ Special Reports has been released. Prepared by Udi Sheintal, President of the organisation’s Diamond Commission, the report focuses on the terminology used both within the industry and in the consumer markets
IIDGR Strikes 4 Grading Partnerships in Asia
London: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, has established four new diamond grading partnerships with leading diamond jewellery retailers in Thailand, Vietnam and China. The partnerships, with Aurora Diamond in Thailand, DOJI Group in Vietnam and Chow Tai Seng and CHJ in China, reflect the rapidly growing demand from Asian jewellers for
KGK is ‘Manufacturer of The Year-Jewellery’
Hong Kong: KGK Group was announced as JNA Award 2017 recipient in the sixth annual JNA Awards for the category ‘Manufacturer of the Year-Jewellery’. Mr. Navrattan Kothari, Patriarch, KGK Group and Mr. Sanjay Kothari, Vice Chairman, KGK Group received the coveted award at the gala event held at the InterContinental, Hong Kong. This year, close to 100 highly qualified entries
De Beers' Initiatives to Empower Women
Gaborone: De Beers Group today announced a three-year partnership with UN Women to accelerate the advancement of women across its organisation, in its diamond producing countries and in its marketing. As a UN Women partner, De Beers has committed to achieving parity in the appointment of women and men into senior leadership roles, investing in women micro-entrepreneurs and STEM students
CIBJO Releases Special Report
Milan: With fewer than seven weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the third of the CIBJO commissions’ Special Reports has been released. Prepared by Udi Sheintal, President of the organisation’s Diamond Commission, the report focuses on the terminology used both within the industry and in the consumer markets
IIDGR Strikes 4 Grading Partnerships in Asia
London: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, has established four new diamond grading partnerships with leading diamond jewellery retailers in Thailand, Vietnam and China. The partnerships, with Aurora Diamond in Thailand, DOJI Group in Vietnam and Chow Tai Seng and CHJ in China, reflect the rapidly growing demand from Asian jewellers for
KGK is ‘Manufacturer of The Year-Jewellery’
Hong Kong: KGK Group was announced as JNA Award 2017 recipient in the sixth annual JNA Awards for the category ‘Manufacturer of the Year-Jewellery’. Mr. Navrattan Kothari, Patriarch, KGK Group and Mr. Sanjay Kothari, Vice Chairman, KGK Group received the coveted award at the gala event held at the InterContinental, Hong Kong. This year, close to 100 highly qualified entries
