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

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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

Read More »

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Fancy Color Diamond Prices Up in Q3

New York: The Fancy Color Diamond Index for the third quarter of 2017 indicates a slight rise overall of 0.2% over Q2 2017, for yellow, pink and blue fancy color diamonds in all sizes and saturations. Moreover, the index shows that in Q3 prices of fancy blue and pink color diamonds appreciated 0.4% and 0.3% respectively. Similar to Q1 2017

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Agreement to Harmonise Diamond Blue Book

Bangkok: CIBJO, the World Jewellery Confederation, the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have fulfilled the final stage of an agreement, by which the nomenclature used by the International Diamond Council (IDC) will now be harmonised with that of CIBJO’s Diamond Blue Book. The agreement was formalised at the 2017 CIBJO Congress in

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Israel’s IDW From February 5, 2018

Ramat Gan: The Israel Diamond Exchange (IDE) has announced that the next International Diamond Week in Israel (IDWI) will be held on February 5 – 7, 2018.  This popular event has become a staple on the global diamond calendar, and attracts hundreds of international buyers every year. IDWI has established a reputation as a prime trading opportunity for diamond dealers,

Read More »

Promoting Thailand as Global G&J Trading Hub

Bangkok: Thailand successfully hosted the annual World Jewellery Confederation meeting or CIBJO Congress 2017, emphasizing the country’s position as world’s gems and jewellery trading hub. The event welcomed renowned gems and jewellery traders worldwide, opening new opportunities to seek international partnerships. General Prayut Chan-o-cha, Prime Minister of Thailand presided over the CIBJO Congress 2017 opening ceremony on November 6. “It

Read More »

Fancy Color Diamond Prices Up in Q3

New York: The Fancy Color Diamond Index for the third quarter of 2017 indicates a slight rise overall of 0.2% over Q2 2017, for yellow, pink and blue fancy color diamonds in all sizes and saturations. Moreover, the index shows that in Q3 prices of fancy blue and pink color diamonds appreciated 0.4% and 0.3% respectively. Similar to Q1 2017

Read More »

Agreement to Harmonise Diamond Blue Book

Bangkok: CIBJO, the World Jewellery Confederation, the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have fulfilled the final stage of an agreement, by which the nomenclature used by the International Diamond Council (IDC) will now be harmonised with that of CIBJO’s Diamond Blue Book. The agreement was formalised at the 2017 CIBJO Congress in

Read More »

Israel’s IDW From February 5, 2018

Ramat Gan: The Israel Diamond Exchange (IDE) has announced that the next International Diamond Week in Israel (IDWI) will be held on February 5 – 7, 2018.  This popular event has become a staple on the global diamond calendar, and attracts hundreds of international buyers every year. IDWI has established a reputation as a prime trading opportunity for diamond dealers,

Read More »

Promoting Thailand as Global G&J Trading Hub

Bangkok: Thailand successfully hosted the annual World Jewellery Confederation meeting or CIBJO Congress 2017, emphasizing the country’s position as world’s gems and jewellery trading hub. The event welcomed renowned gems and jewellery traders worldwide, opening new opportunities to seek international partnerships. General Prayut Chan-o-cha, Prime Minister of Thailand presided over the CIBJO Congress 2017 opening ceremony on November 6. “It

Read More »

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