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

AWDC Denounces Accusations

Antwerp: The Antwerp World Diamond Centre (AWDC) denounces accusations made by Global Witness earlier yesterday regarding three shipments of diamonds from Zimbabwe which were traded in Antwerp between December 2013 and September 2014. According to Global Witness, European sanctions that are enforced against Zimbabwe may have been violated, because of the sale of three shipments of Zimbabwean diamonds in Antwerp,

Read More »

G&J Museum in Jaipur to be Opened Soon

Jaipur: The Rajasthan Chamber of Commerce and Industry (RCCI) is set to unveil a museum that will please jewellery admirers to no end, reports The PinkCity Post. The gems and jewellery museum located inside the Chamber Bhawan, which is yet to be opened to the public, is a rare museum showcasing more than 400 varieties of natural stones and signature

Read More »

Özlem Tuna Wins Gem Empathy Award

London: Turkish jewellery designer and International Jewellery London (IJL) Design Gallery exhibitor, Özlem Tuna, has won the 2017 Gem Empathy Award with her ‘Dance of Branches’ ring, announced Gem-A. This year, IJL exhibitors from across the globe were tasked with creating a hand-drawn or CAD rendered design based around a beautiful, fancy-cut gemstone sourced from award-winning gem-cutter, John Dyer. The

Read More »

IDE Backs Diamond-Based Digital Currency

Ramat Gan: The Israel Diamond Exchange (IDE) has signed an agreement with start-up CARATS.IO to launch a digital currency backed by diamonds named CDC – CARATS.IO Diamond Currency. The start-up specializes in Big Data solutions for the precious gems and diamond industries. The new digital currency will be based solely on investments in diamonds purchased at the Israel Diamond Exchange.

Read More »

AWDC Denounces Accusations

Antwerp: The Antwerp World Diamond Centre (AWDC) denounces accusations made by Global Witness earlier yesterday regarding three shipments of diamonds from Zimbabwe which were traded in Antwerp between December 2013 and September 2014. According to Global Witness, European sanctions that are enforced against Zimbabwe may have been violated, because of the sale of three shipments of Zimbabwean diamonds in Antwerp,

Read More »

G&J Museum in Jaipur to be Opened Soon

Jaipur: The Rajasthan Chamber of Commerce and Industry (RCCI) is set to unveil a museum that will please jewellery admirers to no end, reports The PinkCity Post. The gems and jewellery museum located inside the Chamber Bhawan, which is yet to be opened to the public, is a rare museum showcasing more than 400 varieties of natural stones and signature

Read More »

Özlem Tuna Wins Gem Empathy Award

London: Turkish jewellery designer and International Jewellery London (IJL) Design Gallery exhibitor, Özlem Tuna, has won the 2017 Gem Empathy Award with her ‘Dance of Branches’ ring, announced Gem-A. This year, IJL exhibitors from across the globe were tasked with creating a hand-drawn or CAD rendered design based around a beautiful, fancy-cut gemstone sourced from award-winning gem-cutter, John Dyer. The

Read More »

IDE Backs Diamond-Based Digital Currency

Ramat Gan: The Israel Diamond Exchange (IDE) has signed an agreement with start-up CARATS.IO to launch a digital currency backed by diamonds named CDC – CARATS.IO Diamond Currency. The start-up specializes in Big Data solutions for the precious gems and diamond industries. The new digital currency will be based solely on investments in diamonds purchased at the Israel Diamond Exchange.

Read More »

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