Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
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
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
Top News
Dominion Consolidates Ownership in Ekati Mine
Toronto: Dominion Diamond Corporation has signed an agreement with Archon Minerals Limited to convert Archon’s joint venture interest in the Buffer Zone Joint Venture at the Ekati diamond mine in Canada’s Northwest Territories to a royalty equal to 2.3 percent of all future gross revenue from diamonds produced from the Buffer Zone. As a result of this transaction, the company’s
DPA Announces 2017 Marketing Budget of $57M
Las Vegas: The Diamond Producers Association (DPA) announced at the JCK show in Las Vegas that its 2017 full-year marketing investment of $57 million has been approved by its board of directors. The figure more than quadruples last year’s budget. DPA Chairman Stephen Lussier said, “The Board’s decision is a major turning point for the Diamond Producers Association and the
WFDB Congratulates DPA on Boosting Budget
Antwerp: The World Federation of Diamond Bourses (WFDB) has hailed the decision of the Diamond Producers Association to significantly boost its annual operating budget to $57 million. WFDB President Ernie Blom says the much larger budget will enable the organization – composed of the seven largest diamond mining companies – to have a much greater impact in its global diamond
Italian Exhibition Group Confirms Participation in JCK
Las Vegas: Italian Exhibition Group confirms the winning International format VICENZAORO Italian Passion. Made with Love by renewing its participation in JCK Las Vegas – open from 5 to 8 June 2017 at the Mandalay Bay Resort & Casino – with over 100 top brands showcasing Italian excellence in jewellery. The event, born out of a longstanding cooperation with JCK
Dominion Consolidates Ownership in Ekati Mine
Toronto: Dominion Diamond Corporation has signed an agreement with Archon Minerals Limited to convert Archon’s joint venture interest in the Buffer Zone Joint Venture at the Ekati diamond mine in Canada’s Northwest Territories to a royalty equal to 2.3 percent of all future gross revenue from diamonds produced from the Buffer Zone. As a result of this transaction, the company’s
DPA Announces 2017 Marketing Budget of $57M
Las Vegas: The Diamond Producers Association (DPA) announced at the JCK show in Las Vegas that its 2017 full-year marketing investment of $57 million has been approved by its board of directors. The figure more than quadruples last year’s budget. DPA Chairman Stephen Lussier said, “The Board’s decision is a major turning point for the Diamond Producers Association and the
WFDB Congratulates DPA on Boosting Budget
Antwerp: The World Federation of Diamond Bourses (WFDB) has hailed the decision of the Diamond Producers Association to significantly boost its annual operating budget to $57 million. WFDB President Ernie Blom says the much larger budget will enable the organization – composed of the seven largest diamond mining companies – to have a much greater impact in its global diamond
Italian Exhibition Group Confirms Participation in JCK
Las Vegas: Italian Exhibition Group confirms the winning International format VICENZAORO Italian Passion. Made with Love by renewing its participation in JCK Las Vegas – open from 5 to 8 June 2017 at the Mandalay Bay Resort & Casino – with over 100 top brands showcasing Italian excellence in jewellery. The event, born out of a longstanding cooperation with JCK
