Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Top News
ALROSA-DMCC Discuss Cooperation Prospects
Moscow: ALROSA President Sergey Ivanov and Executive Chairman of the Dubai Multi Commodities Centre (DMCC) Ahmed Bin Sulayem agreed upon enhancing cooperation in diamond trade, according to a press release from ALROSA distributed on Wednesday. At a working meeting in ALROSA’s headquarters in Moscow, Sergey Ivanov and Ahmed Bin Sulayem discussed options for expanding ALROSA’s trading activities at the Dubai
De Beers to Start Third-Party Polished Sales
Gaborone: Sellers and buyers of responsibly sourced, exceptional polished diamonds will be able to transact anonymously via the De Beers Auction Sales platform for the first time this month, when the exceptional polished stones auction is held on 29 June. Buyers and sellers will benefit from the confidence of using the business’ exceptional platform for exceptional stones and accessing its
Dominion Gains Strong Rise in Output in Fiscal Q1
Toronto: Dominion Diamond Corporation reported a 17 percent rise in carats recovered to 2.15 million carats in the first quarter of fiscal 2018 from 1.83 million carats a year before. This was largely due to production from the high-grade Misery Main pipe at the Ekati mine, with stable production at the Diavik mine for the three month period ending April
GJEPC Conducts GST Awareness Seminars
Mumbai: The Gem & Jewellery Export Promotion Council has been conducting awareness programmes across major manufacturing centres to help the gem and jewellery export industry get ready for the new GST regime that is expected to come into force on July 1, 2017. In Surat at the seminar on June 9, the exporters were addressed by two leading CAs, CA
ALROSA-DMCC Discuss Cooperation Prospects
Moscow: ALROSA President Sergey Ivanov and Executive Chairman of the Dubai Multi Commodities Centre (DMCC) Ahmed Bin Sulayem agreed upon enhancing cooperation in diamond trade, according to a press release from ALROSA distributed on Wednesday. At a working meeting in ALROSA’s headquarters in Moscow, Sergey Ivanov and Ahmed Bin Sulayem discussed options for expanding ALROSA’s trading activities at the Dubai
De Beers to Start Third-Party Polished Sales
Gaborone: Sellers and buyers of responsibly sourced, exceptional polished diamonds will be able to transact anonymously via the De Beers Auction Sales platform for the first time this month, when the exceptional polished stones auction is held on 29 June. Buyers and sellers will benefit from the confidence of using the business’ exceptional platform for exceptional stones and accessing its
Dominion Gains Strong Rise in Output in Fiscal Q1
Toronto: Dominion Diamond Corporation reported a 17 percent rise in carats recovered to 2.15 million carats in the first quarter of fiscal 2018 from 1.83 million carats a year before. This was largely due to production from the high-grade Misery Main pipe at the Ekati mine, with stable production at the Diavik mine for the three month period ending April
GJEPC Conducts GST Awareness Seminars
Mumbai: The Gem & Jewellery Export Promotion Council has been conducting awareness programmes across major manufacturing centres to help the gem and jewellery export industry get ready for the new GST regime that is expected to come into force on July 1, 2017. In Surat at the seminar on June 9, the exporters were addressed by two leading CAs, CA
