Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?

Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers

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Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?

Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers

Read More »

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

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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

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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

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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

Read More »

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

Read More »

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

Read More »

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

Read More »

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

Read More »

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