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Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Top News

Russia’s FSB Investigates Alrosa's Moscow Office
Moscow: Russia’s Federal Security Service (FSB) is investigating the Moscow office of Alrosa in relation to non-core asset sales between 2011 and 2013. The state-controlled Russian firm, which is the world’s largest producer of rough diamonds in carat terms, and the FSB both declined to comment, while the source who revealed the story did not provide any other details, Reuters

Thailand Gems & Jewelry Fair 2017 Glitters in Beijing
Beijing: Thai Gem and Jewelry Traders Association (TGJTA) promoted Thailand Gems and Jewelry Fair 2017 at Beijing International Jewelry Show 2017 with support from Haiming International Exhibition Group. Mr Suttipong Damrongsakul, President of the Thai Gem and Jewelry Traders Association (TGJTA) led a delegation for a roadshow to Beijing, China on April 6-8, 2017 to promote Thailand Gems & Jewelry

Indian Jewellers Demand Higher GST Limit
Kolkata: The jewellery industry fears that artisans and small traders could face problems while moving to the technology-driven goods and service tax regime, which is expected to roll out from July this year. The All India Gems and Jewellery Trade Federation (GJF) has approached the Centre with a plea to reconsider the proposed threshold of Rs 20 lakh for exemption

India-SAARC-ME Buyer-Seller Meet in May
New Delhi: Over 60 buyers from SAARC, Middle East and South East Asia are expected to attend the second edition of the India-SAARC-ME Buyer-Seller meet that is being hosted by GJEPC from May 14-16 in Delhi. About 40 leading manufacturers of plain gold and diamond studded jewellery from across India are also expected to participate. Jewellery studded with synthetic diamonds

Russia’s FSB Investigates Alrosa's Moscow Office
Moscow: Russia’s Federal Security Service (FSB) is investigating the Moscow office of Alrosa in relation to non-core asset sales between 2011 and 2013. The state-controlled Russian firm, which is the world’s largest producer of rough diamonds in carat terms, and the FSB both declined to comment, while the source who revealed the story did not provide any other details, Reuters

Thailand Gems & Jewelry Fair 2017 Glitters in Beijing
Beijing: Thai Gem and Jewelry Traders Association (TGJTA) promoted Thailand Gems and Jewelry Fair 2017 at Beijing International Jewelry Show 2017 with support from Haiming International Exhibition Group. Mr Suttipong Damrongsakul, President of the Thai Gem and Jewelry Traders Association (TGJTA) led a delegation for a roadshow to Beijing, China on April 6-8, 2017 to promote Thailand Gems & Jewelry

Indian Jewellers Demand Higher GST Limit
Kolkata: The jewellery industry fears that artisans and small traders could face problems while moving to the technology-driven goods and service tax regime, which is expected to roll out from July this year. The All India Gems and Jewellery Trade Federation (GJF) has approached the Centre with a plea to reconsider the proposed threshold of Rs 20 lakh for exemption

India-SAARC-ME Buyer-Seller Meet in May
New Delhi: Over 60 buyers from SAARC, Middle East and South East Asia are expected to attend the second edition of the India-SAARC-ME Buyer-Seller meet that is being hosted by GJEPC from May 14-16 in Delhi. About 40 leading manufacturers of plain gold and diamond studded jewellery from across India are also expected to participate. Jewellery studded with synthetic diamonds