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

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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

Read More »

Top News

Om Jewellers Launches Forevermark in Mulund

Mumbai: OM Jewellers strengthened its partnership with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at its store in Mulund (W). Celebrating the launch, Bollywood actress Prachi Desai unveiled OM Jewellers’ exclusive collection crafted with beautiful Forevermark diamonds. Wearing stunning Forevermark jewellery she said, “Diamonds are every girl’s best friend and when that

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SSEF Launches Pearlscan

Basel: The Swiss Gemmological Institute SSEF is introducing to the market a new system for scanning both single and multi-strand pearl necklaces. Called PearlScan®, it can count large quantities of pearls on strands, and measure their dimensions. Consisting of an A4 scanner, computer and proprietary software, the system offers the pearl industry a new and efficient way of documenting pearl

Read More »

De Beers Buys Out LVMH Retail Partner

Gaborone: De Beers has taken full ownership of the De Beers Diamond Jewellers (DBDJ) retail operation, the mining company said Tuesday. The group bought the 50-percent stake owned by LVMH, which previously operated the stores, for an undisclosed sum, thereby ending its partnership with the luxury house. “More fully integrating the De Beers Diamond Jewellers brand and store network will

Read More »

TAGS to Hold Six Dubai Rough Tenders

Dubai: Trans Atlantic Gem Sales (TAGS) will host six rough diamond tenders at the Dubai Diamond Exchange this year, the companies announced. The collaboration aims to enable suppliers with smaller production to present their goods alongside larger offerings and gain greater exposure. Buyers, meanwhile, will be able to maximize the value of their viewing time, since they’ll have access to

Read More »

Om Jewellers Launches Forevermark in Mulund

Mumbai: OM Jewellers strengthened its partnership with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at its store in Mulund (W). Celebrating the launch, Bollywood actress Prachi Desai unveiled OM Jewellers’ exclusive collection crafted with beautiful Forevermark diamonds. Wearing stunning Forevermark jewellery she said, “Diamonds are every girl’s best friend and when that

Read More »

SSEF Launches Pearlscan

Basel: The Swiss Gemmological Institute SSEF is introducing to the market a new system for scanning both single and multi-strand pearl necklaces. Called PearlScan®, it can count large quantities of pearls on strands, and measure their dimensions. Consisting of an A4 scanner, computer and proprietary software, the system offers the pearl industry a new and efficient way of documenting pearl

Read More »

De Beers Buys Out LVMH Retail Partner

Gaborone: De Beers has taken full ownership of the De Beers Diamond Jewellers (DBDJ) retail operation, the mining company said Tuesday. The group bought the 50-percent stake owned by LVMH, which previously operated the stores, for an undisclosed sum, thereby ending its partnership with the luxury house. “More fully integrating the De Beers Diamond Jewellers brand and store network will

Read More »

TAGS to Hold Six Dubai Rough Tenders

Dubai: Trans Atlantic Gem Sales (TAGS) will host six rough diamond tenders at the Dubai Diamond Exchange this year, the companies announced. The collaboration aims to enable suppliers with smaller production to present their goods alongside larger offerings and gain greater exposure. Buyers, meanwhile, will be able to maximize the value of their viewing time, since they’ll have access to

Read More »

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