The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

Read More »

Top News

Zimbabwe's Diamond Production May Go up by 150%

Harare: Mines minister Walter Chidakwa told the Zimbabwe parliament yesterday that the Zimbabwe Diamond Mining Company (ZCDC) still has 300 million tons of diamond ore to mine in Chiadzwa, reports NewsDay. “The organisation has 300 million tons of ore containing 200 million carats all in the inferred category or ore resource classification, whose confidence level is currently about 20%,” Chidakwa

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De Beers Group to Consider Investments in Start-Ups

Gaborone: De Beers Group yesterday announced the creation of De Beers Ventures to actively consider the acquisition of minority equity stakes in start-ups and growth companies. The new initiative will consider small investments in areas that may include downstream distribution, consumer brands, marketing platforms, security, cutting and polishing, and imaging technologies. The objectives of the investments will be to generate

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JNA Awards Announces 2017 Honourees

Hong Kong: The JNA Awards announced its list of Honourees or finalists across 10 categories on the side lines of the June Hong Kong Jewellery & Gem Fair. The event, now in its sixth year, is a premier awards programme that recognises and celebrates excellence and achievement in the jewellery and gemstone industry, with a focus on advancing the trade

Read More »

Birla Jewels Sets Foot in Madhya Pradesh

Morar: Birla Jewels Ltd. announced entry of their jewellery retail store “BJEWELZ” in Morar, Madhya Pradesh (India). Birla Jewels, a chain of jewellery retail stores with the launch of their store at Sadar Bazar, Morar offers a vast and versatile collection of modern, contemporary as well as conventional jewellery at affordable prices. With a firm focus on affordability, quality and

Read More »

Zimbabwe's Diamond Production May Go up by 150%

Harare: Mines minister Walter Chidakwa told the Zimbabwe parliament yesterday that the Zimbabwe Diamond Mining Company (ZCDC) still has 300 million tons of diamond ore to mine in Chiadzwa, reports NewsDay. “The organisation has 300 million tons of ore containing 200 million carats all in the inferred category or ore resource classification, whose confidence level is currently about 20%,” Chidakwa

Read More »

De Beers Group to Consider Investments in Start-Ups

Gaborone: De Beers Group yesterday announced the creation of De Beers Ventures to actively consider the acquisition of minority equity stakes in start-ups and growth companies. The new initiative will consider small investments in areas that may include downstream distribution, consumer brands, marketing platforms, security, cutting and polishing, and imaging technologies. The objectives of the investments will be to generate

Read More »

JNA Awards Announces 2017 Honourees

Hong Kong: The JNA Awards announced its list of Honourees or finalists across 10 categories on the side lines of the June Hong Kong Jewellery & Gem Fair. The event, now in its sixth year, is a premier awards programme that recognises and celebrates excellence and achievement in the jewellery and gemstone industry, with a focus on advancing the trade

Read More »

Birla Jewels Sets Foot in Madhya Pradesh

Morar: Birla Jewels Ltd. announced entry of their jewellery retail store “BJEWELZ” in Morar, Madhya Pradesh (India). Birla Jewels, a chain of jewellery retail stores with the launch of their store at Sadar Bazar, Morar offers a vast and versatile collection of modern, contemporary as well as conventional jewellery at affordable prices. With a firm focus on affordability, quality and

Read More »

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