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Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Top News

IDE Opens Diamond Tech Innovation Center
Ramat Gan: The Israel Diamond Exchange (IDE) joins the “Start-Up Nation” with the opening of Diamond Tech Innovation Center – a technological incubator for Israeli and international diamond-related start-ups. Diamond Tech will provide a home and financial support for start-ups that are in the initial stages of development. Through this initiative IDE plans to promote new technologies for diamonds in

CIBJO Pres Meets Thailand Commerce Minister
Bangkok: CIBJO President Gaetano Cavalieri has met in Bangkok with Mrs. Apiradi Tantraporn, the Minister of Commerce of the Republic of Thailand, to discuss preparations for the 2017 CIBJO Congress, which will take place in the city in November, and also ways in which CIBJO and the congress can assist in enhancing the role of Thailand in the international jewellery

India to Set up Bullion Bank
New Delhi: The Indian Government is working on a gold bank that will aim at building a higher level of transparency, increase value addition, and protect customers while ensuring the growth of this job-creating sector, reports Business Standard. The government, in principle, has decided to set up a gold spot exchange, improve measures for compliance by the jewellery industry, increase

Surat Diamantaires Observed Strike to Protest GST
Surat: The world’s largest diamond cutting and polishing centre in Surat and those in Navsari and Saurashtra observed a shutdown on Saturday to press for exemption of the diamond industry from Goods and Services Tax (GST) regime that will come into force from July 1, reports The Times of India. The call for shutdown was given by Diamond GST Sangarsh

IDE Opens Diamond Tech Innovation Center
Ramat Gan: The Israel Diamond Exchange (IDE) joins the “Start-Up Nation” with the opening of Diamond Tech Innovation Center – a technological incubator for Israeli and international diamond-related start-ups. Diamond Tech will provide a home and financial support for start-ups that are in the initial stages of development. Through this initiative IDE plans to promote new technologies for diamonds in

CIBJO Pres Meets Thailand Commerce Minister
Bangkok: CIBJO President Gaetano Cavalieri has met in Bangkok with Mrs. Apiradi Tantraporn, the Minister of Commerce of the Republic of Thailand, to discuss preparations for the 2017 CIBJO Congress, which will take place in the city in November, and also ways in which CIBJO and the congress can assist in enhancing the role of Thailand in the international jewellery

India to Set up Bullion Bank
New Delhi: The Indian Government is working on a gold bank that will aim at building a higher level of transparency, increase value addition, and protect customers while ensuring the growth of this job-creating sector, reports Business Standard. The government, in principle, has decided to set up a gold spot exchange, improve measures for compliance by the jewellery industry, increase

Surat Diamantaires Observed Strike to Protest GST
Surat: The world’s largest diamond cutting and polishing centre in Surat and those in Navsari and Saurashtra observed a shutdown on Saturday to press for exemption of the diamond industry from Goods and Services Tax (GST) regime that will come into force from July 1, reports The Times of India. The call for shutdown was given by Diamond GST Sangarsh