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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
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National Jewellery Awards Presented by GJF
Mumbai: The 7th National Jewellery Awards (NJA) 2017 organized by All India Gems and Jewellery Trade Federation (GJF) concluded with a glittering celebrity studded night. Mr. Manoj Dwivedi – Joint Secretary, Ministry of Commerce, Government of India, was the chief guest at the event. The award function showcased and recognized the talent and craftsmanship in the gems and jewellery industry.
World Diamond Council to Hold AGM in Dubai in Oct
New York: The World Diamond Council (WDC) will hold its 13th Annual General Meeting (AGM) in Dubai, United Arab Emirates, from October 15 to 17, with the meeting hosted by the Dubai Multi Commodities Centre (DMCC). Among the items to be discussed at the AGM are industry recommendations for the Kimberley Process Certification Scheme (KPCS) review cycle and a proposed
P. Mangatram Jewellers’ Cares for Jewellery Artisans
Mumbai: P. Mangatram Jewellers Pvt. Ltd. one of India’s largest manufacturers of studded fine jewellery, has very closely observed the plight of artisans crafting handmade jewellery in India. This IIJS they showcased a short film depicting the harsh predicament of these artisans. The brand also showcased some much-required solution to address this grave contemporary issue. Buying fine jewellery may put
GJEPC Hosts ‘Jewellers for Hope’ Charity Dinner
Mumbai: GJEPC’s CSR initiative ‘Jewellers for Hope’ charity dinner presented in association with De Beers donates Rs 1 crore for education & empowering girl child Smt. Amruta Fadnavis, Bollywood celebrity actor Arjun Kapoor and singer Rekha Bharadwaj grace ‘Jewellers for Hope’ charity dinner dedicated to make a difference Mumbai, 28th July, 2017: Gem & Jewellery Export Promotion Council (GJEPC), in
National Jewellery Awards Presented by GJF
Mumbai: The 7th National Jewellery Awards (NJA) 2017 organized by All India Gems and Jewellery Trade Federation (GJF) concluded with a glittering celebrity studded night. Mr. Manoj Dwivedi – Joint Secretary, Ministry of Commerce, Government of India, was the chief guest at the event. The award function showcased and recognized the talent and craftsmanship in the gems and jewellery industry.
World Diamond Council to Hold AGM in Dubai in Oct
New York: The World Diamond Council (WDC) will hold its 13th Annual General Meeting (AGM) in Dubai, United Arab Emirates, from October 15 to 17, with the meeting hosted by the Dubai Multi Commodities Centre (DMCC). Among the items to be discussed at the AGM are industry recommendations for the Kimberley Process Certification Scheme (KPCS) review cycle and a proposed
P. Mangatram Jewellers’ Cares for Jewellery Artisans
Mumbai: P. Mangatram Jewellers Pvt. Ltd. one of India’s largest manufacturers of studded fine jewellery, has very closely observed the plight of artisans crafting handmade jewellery in India. This IIJS they showcased a short film depicting the harsh predicament of these artisans. The brand also showcased some much-required solution to address this grave contemporary issue. Buying fine jewellery may put
GJEPC Hosts ‘Jewellers for Hope’ Charity Dinner
Mumbai: GJEPC’s CSR initiative ‘Jewellers for Hope’ charity dinner presented in association with De Beers donates Rs 1 crore for education & empowering girl child Smt. Amruta Fadnavis, Bollywood celebrity actor Arjun Kapoor and singer Rekha Bharadwaj grace ‘Jewellers for Hope’ charity dinner dedicated to make a difference Mumbai, 28th July, 2017: Gem & Jewellery Export Promotion Council (GJEPC), in
