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
Yoram Dvash Re Elected as President of IDE
Ramat Gan: Israel Diamond Exchange (IDE) President Yoram Dvash was re-elected earlier this week for a second term of three years at a General Assembly of bourse members. Yesterday IDE held elections for its board of directors, as well as members of the Control Committee. Sixteen new board members were elected to the directorate. During the past two years as
JNA Awards 2018 Announces New Partners
Hong Kong: Chow Tai Fook Jewellery Group and Shanghai Diamond Exchange (SDE) continue as proud Headline Partners of the prestigious JNA Awards 2018. While the KGK Group, Guangdong Gems & Jade Exchange and Guangdong Land Holdings Limited (GDLAND) are returning as Honoured Partners for 2018. The JNA Awards is recognized as one of the jewellery industry’s most respected awards programmes.
Victor Mine to Close Down in Q1 2019
De Beers Group has announced that its Victor mine in northern Ontario, Canada, will complete mining and production activities in the first quarter of 2019, once the current open pit is depleted and in line with the original feasibility study and current mine plan. Production at Victor mine commenced in July 2008. The mine was forecast to produce six million
GJEPC to Set up CFC at Thrissur, Kerala
Mumbai: The Chairman of India’s Gem & Jewellery Export Prpmotion Council (GJPEC) Mr. Praveenshankar Pandya, during his recent visit to Kerala to inaugurate the Kerala Jewellery show, announced to set up Common Facility Center (CFC) at Thrissur, Kerala. CFC in this region would give a huge boost in production and quality of manufacturing jewellery by giving access of modern machines
Yoram Dvash Re Elected as President of IDE
Ramat Gan: Israel Diamond Exchange (IDE) President Yoram Dvash was re-elected earlier this week for a second term of three years at a General Assembly of bourse members. Yesterday IDE held elections for its board of directors, as well as members of the Control Committee. Sixteen new board members were elected to the directorate. During the past two years as
JNA Awards 2018 Announces New Partners
Hong Kong: Chow Tai Fook Jewellery Group and Shanghai Diamond Exchange (SDE) continue as proud Headline Partners of the prestigious JNA Awards 2018. While the KGK Group, Guangdong Gems & Jade Exchange and Guangdong Land Holdings Limited (GDLAND) are returning as Honoured Partners for 2018. The JNA Awards is recognized as one of the jewellery industry’s most respected awards programmes.
Victor Mine to Close Down in Q1 2019
De Beers Group has announced that its Victor mine in northern Ontario, Canada, will complete mining and production activities in the first quarter of 2019, once the current open pit is depleted and in line with the original feasibility study and current mine plan. Production at Victor mine commenced in July 2008. The mine was forecast to produce six million
GJEPC to Set up CFC at Thrissur, Kerala
Mumbai: The Chairman of India’s Gem & Jewellery Export Prpmotion Council (GJPEC) Mr. Praveenshankar Pandya, during his recent visit to Kerala to inaugurate the Kerala Jewellery show, announced to set up Common Facility Center (CFC) at Thrissur, Kerala. CFC in this region would give a huge boost in production and quality of manufacturing jewellery by giving access of modern machines
