We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Top News
GJEPC Felicitates CISF Officials
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Praveenshankar Pandya yesterday Felicitated CISF Senior Commandant Mr. Himanshu Pandey and CISF Deputy Commandant Mr. A K Nag for their commendable efforts in nabbing two Chinese citizens for allegedly stealing diamonds worth 34 lakhs of rupees during the India International Jewellery Show (IIJS), one of the world’s largest and
Aisshpra Gems&Jewels Helps Flood Victims
Mumbai: Taken-aback by the disastrous calamity, Aisshpra Gems & Jewels disseminated immediate relief for the victims of flood affected areas in the outskirts of Gorakhpur. Aisshpra family participated in the flood relief fund and their employees were present in the village Macchaliya to assist people with necessities like –food, water etc. The brand distributed 2500 lunch packs along with packaged
India Bans Gold Exports Above 22 Carats
New Delhi: India has banned the export of gold products with purity above 22 carats with immediate effect to curb irregularities in the trade. The Directorate General of Foreign Trade issued a notice limiting shipments of jewellery, coins and medallions to 22 carats or below, without giving a reason. “The move may be to reduce round-tripping of jewellery and coins,
WHP Jewellers' New Store in Navi Mumbai
Mumbai: WHP Jewellers broadened their horizon in Navi Mumbai with the launch of WHP Store in Seawoods Grand Central Mall, Navi Mumbai. The store was inaugurated on 11th August 2017 in presence of Mr. Subhash Pethe & Mr. Aditya Pethe, Director, WHP Jewellers and other prominent personalities. Established by Late. Shri Waman Hari Pethe and Late Shri. Ganesh Hari Pethe
GJEPC Felicitates CISF Officials
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Praveenshankar Pandya yesterday Felicitated CISF Senior Commandant Mr. Himanshu Pandey and CISF Deputy Commandant Mr. A K Nag for their commendable efforts in nabbing two Chinese citizens for allegedly stealing diamonds worth 34 lakhs of rupees during the India International Jewellery Show (IIJS), one of the world’s largest and
Aisshpra Gems&Jewels Helps Flood Victims
Mumbai: Taken-aback by the disastrous calamity, Aisshpra Gems & Jewels disseminated immediate relief for the victims of flood affected areas in the outskirts of Gorakhpur. Aisshpra family participated in the flood relief fund and their employees were present in the village Macchaliya to assist people with necessities like –food, water etc. The brand distributed 2500 lunch packs along with packaged
India Bans Gold Exports Above 22 Carats
New Delhi: India has banned the export of gold products with purity above 22 carats with immediate effect to curb irregularities in the trade. The Directorate General of Foreign Trade issued a notice limiting shipments of jewellery, coins and medallions to 22 carats or below, without giving a reason. “The move may be to reduce round-tripping of jewellery and coins,
WHP Jewellers' New Store in Navi Mumbai
Mumbai: WHP Jewellers broadened their horizon in Navi Mumbai with the launch of WHP Store in Seawoods Grand Central Mall, Navi Mumbai. The store was inaugurated on 11th August 2017 in presence of Mr. Subhash Pethe & Mr. Aditya Pethe, Director, WHP Jewellers and other prominent personalities. Established by Late. Shri Waman Hari Pethe and Late Shri. Ganesh Hari Pethe
