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

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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

Read More »

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Thailand Gems & Jewellery Fair from June 15-18

Bangkok: Exhibitors, buyers, gems and jewellery associations, and the public and private sectors are gearing up for the inaugural Thailand Gems & Jewellery Fair. Held from June 15 to 18, 2017 at the IMPACT Challenger 2, Muang Thong Thani, Bangkok, Thailand. The event is organized by the Thai Gem and Jewellery Traders Association (TGJTA) and marks the great cooperation between

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Indo-Russian Diamond-Ties Take a Giant Leap

  Mumbai: In a historical development marking an important milestone in the relations between the Indian and Russian diamond industries, The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex body representing the gems and jewellery export trade and PJSC ALROSA, Russia’s largest Diamond Mining company yesterday signed a Memorandum of Co-operation (MoC) in the presence of India’s Prime Minister,

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WDM & Museum of Named Diamonds to Cooperate

Hong Kong: The World Diamond Mark Foundation (WDM) and the Museum of Named Diamonds (MoND) announced they will be joining forces to collect retailers’ stories about diamonds at the upcoming JCK Las Vegas show. The announcement comes on the heels of the WDM’s call on diamond and diamond jewellery retailers to meet the WDM team and share their special diamond

Read More »

Indians Bought More Gold Than Americans in Q1

Mumbai: India may be far behind the US in terms of economy and per capita income, but when it comes to buying gold, Indians are far ahead of their American counterparts. During the first quarter (January-March, or Q1) this year, demand for gold jewellery was 92.3 tonnes in comparison to 22.9 tonnes in the world’s largest economy, according to World

Read More »

Thailand Gems & Jewellery Fair from June 15-18

Bangkok: Exhibitors, buyers, gems and jewellery associations, and the public and private sectors are gearing up for the inaugural Thailand Gems & Jewellery Fair. Held from June 15 to 18, 2017 at the IMPACT Challenger 2, Muang Thong Thani, Bangkok, Thailand. The event is organized by the Thai Gem and Jewellery Traders Association (TGJTA) and marks the great cooperation between

Read More »

Indo-Russian Diamond-Ties Take a Giant Leap

  Mumbai: In a historical development marking an important milestone in the relations between the Indian and Russian diamond industries, The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex body representing the gems and jewellery export trade and PJSC ALROSA, Russia’s largest Diamond Mining company yesterday signed a Memorandum of Co-operation (MoC) in the presence of India’s Prime Minister,

Read More »

WDM & Museum of Named Diamonds to Cooperate

Hong Kong: The World Diamond Mark Foundation (WDM) and the Museum of Named Diamonds (MoND) announced they will be joining forces to collect retailers’ stories about diamonds at the upcoming JCK Las Vegas show. The announcement comes on the heels of the WDM’s call on diamond and diamond jewellery retailers to meet the WDM team and share their special diamond

Read More »

Indians Bought More Gold Than Americans in Q1

Mumbai: India may be far behind the US in terms of economy and per capita income, but when it comes to buying gold, Indians are far ahead of their American counterparts. During the first quarter (January-March, or Q1) this year, demand for gold jewellery was 92.3 tonnes in comparison to 22.9 tonnes in the world’s largest economy, according to World

Read More »

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