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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ALROSA President Visits Angola

Luanda: The president of ALROSA Sergey Ivanov paid a working visit to the Republic of Angola. He inspected the production facilities of the company and held a number of working meetings with Angolan partners to discuss the prospects for the development of ALROSA investment projects in the country. During the meeting with Carlos Sumbula, Chairman of the Board of Directors

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Israeli Diamonds to Shine at JCK

Ramat Gan: The Israeli diamond industry will again be among the largest international groups exhibiting at the June 5-8 JCK Show in Las Vegas, the Israel Diamond Institute (IDI) said in a statement. More than 60 Israeli companies will participate “at the most important trade show in Israel’s number one export market”, with the Israel Diamond Pavilion hosting 33 exhibitors

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Gold Important Tool or Financial Inclusion: Study

Ahmedabad: In an exhaustive study done among a thousand gold consumers across four districts from four states in urban and rural India it is revealed that gold is an important tool for financial inclusion among Indians. The study was conducted by researchers Misha Sharma, Shambhavi Srivastava and Govind Singh from IFMR Lead and funded by India Gold Policy Centre (IGPC)

Read More »

India-SAARC-ME BSM Concluded

New Delhi: The 2nd India SAARC-Middle East Buyer Seller Meet (BSM) organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from 14th to 16th May 2017 in New Delhi with the support of Ministry of Commerce & Industry, Govt. of India has ended successfully. 38 Indian Manufacturers and 70 international buyers from SAARC and Middle East region including 13

Read More »

ALROSA President Visits Angola

Luanda: The president of ALROSA Sergey Ivanov paid a working visit to the Republic of Angola. He inspected the production facilities of the company and held a number of working meetings with Angolan partners to discuss the prospects for the development of ALROSA investment projects in the country. During the meeting with Carlos Sumbula, Chairman of the Board of Directors

Read More »

Israeli Diamonds to Shine at JCK

Ramat Gan: The Israeli diamond industry will again be among the largest international groups exhibiting at the June 5-8 JCK Show in Las Vegas, the Israel Diamond Institute (IDI) said in a statement. More than 60 Israeli companies will participate “at the most important trade show in Israel’s number one export market”, with the Israel Diamond Pavilion hosting 33 exhibitors

Read More »

Gold Important Tool or Financial Inclusion: Study

Ahmedabad: In an exhaustive study done among a thousand gold consumers across four districts from four states in urban and rural India it is revealed that gold is an important tool for financial inclusion among Indians. The study was conducted by researchers Misha Sharma, Shambhavi Srivastava and Govind Singh from IFMR Lead and funded by India Gold Policy Centre (IGPC)

Read More »

India-SAARC-ME BSM Concluded

New Delhi: The 2nd India SAARC-Middle East Buyer Seller Meet (BSM) organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) from 14th to 16th May 2017 in New Delhi with the support of Ministry of Commerce & Industry, Govt. of India has ended successfully. 38 Indian Manufacturers and 70 international buyers from SAARC and Middle East region including 13

Read More »

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