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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Kalyan Jewellers to Augment Online Presence

Mumbai: Kalyan Jewellers, India’s most trusted and leading jewellery brand announced the acquisition of online jewellery firm Candere. The acquisition will augment Kalyan Jewellers presence in the growing online jewellery segment in India. Kalyan Jewellers will acquire the equity held by Singularity Strategic, the family office of Brijesh Chandwani and Subram Kapoor. As part of the transaction Kalyan Jewellers will

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GIA Demonstrates Mounted Gem Testing Device

Mumbai: GIA (Gemological Institute of America) will introduce for sale later this year an easy-to-operate, sophisticated desktop instrument to reliably identify natural diamonds, separating them from all simulants and from diamonds that may be synthetic or treated. The GIA mounted gem testing device combines advanced spectroscopic technology; GIA’s extensive research into the qualities of natural, treated and synthetic diamonds; and

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Synthetic Diamonds Bother Watch Industry Also

Geneva: In April 2017, a symposium called, “Synthetic Diamonds: Are Watchmaking and Jewelry in Danger?” was held in Geneva, specifically to address the issue of synthetic diamonds in the domain of watchmaking and how it is possible to differentiate natural from lab-grown stones. Developments over the past ten years have led to the critical point where the price of synthetic

Read More »

HRD Antwerp Inaugurates New office in Mumbai

Mumbai: HRD Antwerp officially inaugurated its new lab & office premises in Mumbai on Tuesday the 25th of April, in the presence of His Excellency Secretary of State for Foreign Trade of Belgium Mr. Pieter De Crem. This expansion underscores HRD Antwerp’s commitment to fundamentally strengthening the ties between the world’s leading diamond trading center – Antwerp – and the

Read More »

Kalyan Jewellers to Augment Online Presence

Mumbai: Kalyan Jewellers, India’s most trusted and leading jewellery brand announced the acquisition of online jewellery firm Candere. The acquisition will augment Kalyan Jewellers presence in the growing online jewellery segment in India. Kalyan Jewellers will acquire the equity held by Singularity Strategic, the family office of Brijesh Chandwani and Subram Kapoor. As part of the transaction Kalyan Jewellers will

Read More »

GIA Demonstrates Mounted Gem Testing Device

Mumbai: GIA (Gemological Institute of America) will introduce for sale later this year an easy-to-operate, sophisticated desktop instrument to reliably identify natural diamonds, separating them from all simulants and from diamonds that may be synthetic or treated. The GIA mounted gem testing device combines advanced spectroscopic technology; GIA’s extensive research into the qualities of natural, treated and synthetic diamonds; and

Read More »

Synthetic Diamonds Bother Watch Industry Also

Geneva: In April 2017, a symposium called, “Synthetic Diamonds: Are Watchmaking and Jewelry in Danger?” was held in Geneva, specifically to address the issue of synthetic diamonds in the domain of watchmaking and how it is possible to differentiate natural from lab-grown stones. Developments over the past ten years have led to the critical point where the price of synthetic

Read More »

HRD Antwerp Inaugurates New office in Mumbai

Mumbai: HRD Antwerp officially inaugurated its new lab & office premises in Mumbai on Tuesday the 25th of April, in the presence of His Excellency Secretary of State for Foreign Trade of Belgium Mr. Pieter De Crem. This expansion underscores HRD Antwerp’s commitment to fundamentally strengthening the ties between the world’s leading diamond trading center – Antwerp – and the

Read More »

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