Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
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
Chiadzwa Diamond Fields Besieged Again
Harare: Thousands of illegal diamond miners, who were evicted from the mining concessions about a decade ago, have since returned to Chiadzwa, raising fears the government could once again be losing millions of dollars in revenue, as uncontrolled mining activities have reappeared due to lack of security, reports News Day. This was revealed in an urgent chamber application filed by
Consumer Confidence in US Highest Since 2000
New York: American’s have a positive view of the current economic condition leading consumer confidence to reportedly reach the highest level in over 16 years. The Conference Board’s consumer confidence index jumped by more than 100 since February, indicating an improvement for the second consecutive month. It also eclipsed economists’ estimates of 114. Consumers have appraised the current conditions and
De Beers Wins Award for its Ecological Efforts
Gaborone: De Beers Consolidated Mines (DBCM) has won the Wildlife Ranching SA award for ‘Biodiversity and Social Responsibility’, in recognition of its approach to ecological management, the De Beers Group announced. The company picked up the accolade for its approach to ecological management at four private game reserves it runs in the Northern Cape and Limpopo Provinces. Judges singled out
IIDGR Partners with Lukfook Jewellery
Hong Kong: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group announced on Thursday that it has established a polished diamond grading partnership with Lukfook Jewellery, a leading Hong Kong and Mainland China jewellery retailer. The grading partnership is De Beers Group’s first with a vertically-integrated Sightholder. Through the partnership, the IIDGR will supply co-branded
Chiadzwa Diamond Fields Besieged Again
Harare: Thousands of illegal diamond miners, who were evicted from the mining concessions about a decade ago, have since returned to Chiadzwa, raising fears the government could once again be losing millions of dollars in revenue, as uncontrolled mining activities have reappeared due to lack of security, reports News Day. This was revealed in an urgent chamber application filed by
Consumer Confidence in US Highest Since 2000
New York: American’s have a positive view of the current economic condition leading consumer confidence to reportedly reach the highest level in over 16 years. The Conference Board’s consumer confidence index jumped by more than 100 since February, indicating an improvement for the second consecutive month. It also eclipsed economists’ estimates of 114. Consumers have appraised the current conditions and
De Beers Wins Award for its Ecological Efforts
Gaborone: De Beers Consolidated Mines (DBCM) has won the Wildlife Ranching SA award for ‘Biodiversity and Social Responsibility’, in recognition of its approach to ecological management, the De Beers Group announced. The company picked up the accolade for its approach to ecological management at four private game reserves it runs in the Northern Cape and Limpopo Provinces. Judges singled out
IIDGR Partners with Lukfook Jewellery
Hong Kong: The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group announced on Thursday that it has established a polished diamond grading partnership with Lukfook Jewellery, a leading Hong Kong and Mainland China jewellery retailer. The grading partnership is De Beers Group’s first with a vertically-integrated Sightholder. Through the partnership, the IIDGR will supply co-branded
