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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
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
Top News
Jewellers Out of Money Laundering Act
New Delhi: The GST Council on Friday eased rules for exporters and gave relief to small and medium scale enterprises (SMEs) on filing returns and paying taxes, 3 months after the Goods and Services Tax legislation came into effect since July 1. In the 22nd GST Council meeting, taxes were cut on more than two dozen items. The government will
Jewellers Happy Over Relief on PMLA
Mumbai: All India Gems and Jewellery Trade Federation (GJF), national nodal trade body for the promotion and growth of trade in gems and jewellery across India, welcomed the Government’s decision to keep Gems & Jewellery Industry out of the ambit of Prevention of Money Laundering Act (PMLA). Over the past few weeks, GJF along with Industry delegates had series of
Emeralds Auctioned by Gemfields in Lusaka
Lusaka: Pallinghurst announced the results of an auction of higher quality rough emeralds held by Gemfields plc (“Gemfields”, which is 100% owned by Pallinghurst), held in Lusaka, Zambia, from 2 – 5 October 2017. The emeralds were extracted by Kagem Mining Ltd (“Kagem”, which is 75% owned by Gemfields and 25% by the Government of the Republic of Zambia) in
PNG Jewellers Arrives in Hinjawadi, Pune
Pune: PNG Jewellers – a heritage jewellery legacy started in 1832, has successfully catered to the best of India and procured a loyal clientele across national and international realms yet again strengthens its presence in India by launching their sixth store in Pune on 6th October, 2017. Miss Universe pageant winner and a wonderful woman of substance – Susmita Sen
Jewellers Out of Money Laundering Act
New Delhi: The GST Council on Friday eased rules for exporters and gave relief to small and medium scale enterprises (SMEs) on filing returns and paying taxes, 3 months after the Goods and Services Tax legislation came into effect since July 1. In the 22nd GST Council meeting, taxes were cut on more than two dozen items. The government will
Jewellers Happy Over Relief on PMLA
Mumbai: All India Gems and Jewellery Trade Federation (GJF), national nodal trade body for the promotion and growth of trade in gems and jewellery across India, welcomed the Government’s decision to keep Gems & Jewellery Industry out of the ambit of Prevention of Money Laundering Act (PMLA). Over the past few weeks, GJF along with Industry delegates had series of
Emeralds Auctioned by Gemfields in Lusaka
Lusaka: Pallinghurst announced the results of an auction of higher quality rough emeralds held by Gemfields plc (“Gemfields”, which is 100% owned by Pallinghurst), held in Lusaka, Zambia, from 2 – 5 October 2017. The emeralds were extracted by Kagem Mining Ltd (“Kagem”, which is 75% owned by Gemfields and 25% by the Government of the Republic of Zambia) in
PNG Jewellers Arrives in Hinjawadi, Pune
Pune: PNG Jewellers – a heritage jewellery legacy started in 1832, has successfully catered to the best of India and procured a loyal clientele across national and international realms yet again strengthens its presence in India by launching their sixth store in Pune on 6th October, 2017. Miss Universe pageant winner and a wonderful woman of substance – Susmita Sen
