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The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,
The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,
Top News
World Diamond Mark to Hold JCK Talks
Hong Kong: The World Diamond Mark Foundation (WDM) will hold a Keynote Talk in Las Vegas, at JCK LUXURY, on June 4th at Tradewinds C/D, Pool Level of Mandalay Bay, to launch Part of You™, its global diamond retailer promotion campaign and its brand-new B2C website www.passion.diamonds. The event is a must-attend talk for retail jewellers who wish to understand
GJF’s PMI – Regional Networking Meet in Delhi
New Delhi: All India Gem and Jewellery Trade Federation (GJF) organises the 6th show of the 3rd edition of the PREFERRED MANUFACTURER OF INDIA (PMI) Regional Networking Meet at a glittering ceremony from 17th May to 19th May, 2017 at The Leela Ambience & Convention Hotel, 1 CBD, Maharaja Surajmal Road, Near Yamuna Sports Complex, Delhi 110 032. This is
Botswana Mulls SEZ to House Diamond Trading Hub
Gaborone: Botswana is set to introduce a Special Economic Zone (SEZ) near the Sir Seretse Khama International Airport outside Gaborone, where the relocated Diamond Trading Company would be the “anchor enterprise”, according to news reports. Royal HaskoningDHV would be responsible for the masterplan review in a joint venture with the company’s local branch. Namibia Economist reports that the special economic
Israel Diamond Ex. Opens Internet Marketing Wing
Ramat Gan: The Israel Diamond Exchange (IDE) opened a new wing dedicated to promoting internet marketing among its members. Over the past year the Israeli Diamond Industry has introduced several electronic commerce initiatives, signaling a new direction for the industry. This year IDE together with the Israel Diamond Institute launched GET-DIAMONDS, the Israeli Diamond Industry’s official diamond trading platform. It
World Diamond Mark to Hold JCK Talks
Hong Kong: The World Diamond Mark Foundation (WDM) will hold a Keynote Talk in Las Vegas, at JCK LUXURY, on June 4th at Tradewinds C/D, Pool Level of Mandalay Bay, to launch Part of You™, its global diamond retailer promotion campaign and its brand-new B2C website www.passion.diamonds. The event is a must-attend talk for retail jewellers who wish to understand
GJF’s PMI – Regional Networking Meet in Delhi
New Delhi: All India Gem and Jewellery Trade Federation (GJF) organises the 6th show of the 3rd edition of the PREFERRED MANUFACTURER OF INDIA (PMI) Regional Networking Meet at a glittering ceremony from 17th May to 19th May, 2017 at The Leela Ambience & Convention Hotel, 1 CBD, Maharaja Surajmal Road, Near Yamuna Sports Complex, Delhi 110 032. This is
Botswana Mulls SEZ to House Diamond Trading Hub
Gaborone: Botswana is set to introduce a Special Economic Zone (SEZ) near the Sir Seretse Khama International Airport outside Gaborone, where the relocated Diamond Trading Company would be the “anchor enterprise”, according to news reports. Royal HaskoningDHV would be responsible for the masterplan review in a joint venture with the company’s local branch. Namibia Economist reports that the special economic
Israel Diamond Ex. Opens Internet Marketing Wing
Ramat Gan: The Israel Diamond Exchange (IDE) opened a new wing dedicated to promoting internet marketing among its members. Over the past year the Israeli Diamond Industry has introduced several electronic commerce initiatives, signaling a new direction for the industry. This year IDE together with the Israel Diamond Institute launched GET-DIAMONDS, the Israeli Diamond Industry’s official diamond trading platform. It
