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 »

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

Global Gold Demand Declines by 10% in Q2

Mumbai: Global gold demand in Q2 2017 was 953 tonnes (t), a fall of 10% compared with the same period in 2016. This was reflected in a 14% decline in demand for the first half of 2017, which slowed to 2,004t, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. After record levels of inflows into Exchange

Read More »

De Beers to Hold Polished Auction in August

Gaborone: De Beers Group yesterday announced that its Auction Sales business will run further polished diamond auction events in August, following the success of the initial events in late June. Customer response to the initial auction events in June was positive, with the auction featuring diamonds polished directly from De Beers-mined rough diamonds seeing the majority of lots successfully sold.

Read More »

Celebrate Rakshabandhan with Platinum

Mumbai:  Raksha Bandhan, is one of the most widely celebrated festivals of India.  A celebration of the love shared by siblings it is a day that strengthens the bond between brother and sister.  On this auspicious day, there is no better gift than precious platinum to express your love and affection for your beloved sister. Pure, rare and eternal platinum

Read More »

2nd Edition of Dajikaka Trophy Launched

Pune: PNG Jewellers announced its second edition of the one act play competition “Dajikaka Gadgil Karandak”  (Trophy) celebrated to commemorate the founder Late Shri Dajikaka Gadgil, who took great pride in promoting art & culture. It is a Maharashtra State Level competition participation entry forms for which will be available at all PNG Jewellers outlets including Pune, Mumbai, Ahmednagar, Aurangabad

Read More »

Global Gold Demand Declines by 10% in Q2

Mumbai: Global gold demand in Q2 2017 was 953 tonnes (t), a fall of 10% compared with the same period in 2016. This was reflected in a 14% decline in demand for the first half of 2017, which slowed to 2,004t, according to the World Gold Council’s (WGC) latest Gold Demand Trends report. After record levels of inflows into Exchange

Read More »

De Beers to Hold Polished Auction in August

Gaborone: De Beers Group yesterday announced that its Auction Sales business will run further polished diamond auction events in August, following the success of the initial events in late June. Customer response to the initial auction events in June was positive, with the auction featuring diamonds polished directly from De Beers-mined rough diamonds seeing the majority of lots successfully sold.

Read More »

Celebrate Rakshabandhan with Platinum

Mumbai:  Raksha Bandhan, is one of the most widely celebrated festivals of India.  A celebration of the love shared by siblings it is a day that strengthens the bond between brother and sister.  On this auspicious day, there is no better gift than precious platinum to express your love and affection for your beloved sister. Pure, rare and eternal platinum

Read More »

2nd Edition of Dajikaka Trophy Launched

Pune: PNG Jewellers announced its second edition of the one act play competition “Dajikaka Gadgil Karandak”  (Trophy) celebrated to commemorate the founder Late Shri Dajikaka Gadgil, who took great pride in promoting art & culture. It is a Maharashtra State Level competition participation entry forms for which will be available at all PNG Jewellers outlets including Pune, Mumbai, Ahmednagar, Aurangabad

Read More »

Latest Videos