The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

Read More »

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Finalists for Xifu Wedding Jewellery Design Comp.

Hong Kong: The Xifu International Gold Wedding Jewellery Design Competition 2017 is pleased to announce that it has shortlisted 30 finalists who will vie for the Grand Prize that includes a 1kg pure gold bar. Organised by JNA and CJNA of UBM Asia, the World Gold Council (WGC) and the People’s Government of Yantian District, Shenzhen, the biennial competition aims

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Argyle Diamond Coin Trilogy Sold Within a Month

Perth: Rio Tinto announced the sale of The Australian Trilogy, an AUD$1.8 million one-of-a-kind coin collection featuring a pink, purple pink and violet diamond from Rio Tinto’s Argyle Diamond Mine in the east Kimberley region of Western Australia. Released by The Perth Mint, The Australian Trilogy was sold to an anonymous collector from Asia within a month of its unveiling

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Lulo Achieves Huge Sales Growth

Luanda: Rough-diamond sales from the Lulo mine in Angola rose 58% in the second quarter, reaching $4.8 million, owner Lucapa Diamond Company reported Wednesday. First-half sales slumped 41% to $15.4 million, partly because in the same period the previous year, the company sold a 404-carat rough diamond — the largest in Angolan history — for $16 million. Meanwhile, second-quarter production

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Platinum 'Season of Love' Gets Big Thumb’s Up!

Mumbai: Platinum ‘Season of Love’, is an exclusive in- store festival, where customers commemorate their love in true platinum style. The 2017 edition of ‘Season of Love’ was celebrated across all leading platinum jewellery retailers across India, from 15th May to 15th June and had extraordinary offers available for customers on the purchase of platinum jewellery. Platinum is a metal

Read More »

Finalists for Xifu Wedding Jewellery Design Comp.

Hong Kong: The Xifu International Gold Wedding Jewellery Design Competition 2017 is pleased to announce that it has shortlisted 30 finalists who will vie for the Grand Prize that includes a 1kg pure gold bar. Organised by JNA and CJNA of UBM Asia, the World Gold Council (WGC) and the People’s Government of Yantian District, Shenzhen, the biennial competition aims

Read More »

Argyle Diamond Coin Trilogy Sold Within a Month

Perth: Rio Tinto announced the sale of The Australian Trilogy, an AUD$1.8 million one-of-a-kind coin collection featuring a pink, purple pink and violet diamond from Rio Tinto’s Argyle Diamond Mine in the east Kimberley region of Western Australia. Released by The Perth Mint, The Australian Trilogy was sold to an anonymous collector from Asia within a month of its unveiling

Read More »

Lulo Achieves Huge Sales Growth

Luanda: Rough-diamond sales from the Lulo mine in Angola rose 58% in the second quarter, reaching $4.8 million, owner Lucapa Diamond Company reported Wednesday. First-half sales slumped 41% to $15.4 million, partly because in the same period the previous year, the company sold a 404-carat rough diamond — the largest in Angolan history — for $16 million. Meanwhile, second-quarter production

Read More »

Platinum 'Season of Love' Gets Big Thumb’s Up!

Mumbai: Platinum ‘Season of Love’, is an exclusive in- store festival, where customers commemorate their love in true platinum style. The 2017 edition of ‘Season of Love’ was celebrated across all leading platinum jewellery retailers across India, from 15th May to 15th June and had extraordinary offers available for customers on the purchase of platinum jewellery. Platinum is a metal

Read More »

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