The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

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The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

Read More »

Top News

Anil Agarwal to Buy 13% Stake in Anglo American

Mumbai: Mr. Anil Agarwal, an Indian mining billionaire, plans to buy as much as 2 billion pounds ($2.4 billion) of Anglo American Plc shares in the market after a merger proposal failed last year, reports Bloomberg. The full stake would equate to about 13 percent of Anglo’s stock, making Agarwal the second-largest shareholder after South Africa’s Public Investment Corp. It

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UAE Nominates Maryam Al Hashemi For KP Committee

Dubai: Ahmed Bin Sulayem, the 2016 KP Chair, has nominated Maryam Al Hashemi, the UAE KP Director, as the 2017 Chair of the Committee of Participation and Chairmanship (CPC) of the Kimberley Process. The Committee on Participation and Chairmanship assists the Chair of the Kimberley Process in handling the admission of new participants and advises if a participant fails to

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GJSCI Ties up with IIGJ, JAJ, Jaipur for RPL Program

Mumbai: Gem & Jewellery Skill Council of India (GJSCI), Indian Institute of Gems & Jewellery (IIGJ), Jaipur and Jewellery Association, Jaipur (JAJ) signed a Tri-Party Agreement to train and certify the artisans of Jaipur under the RPL programme Pradhan Mantri Kaushal Vikas Yojana (PMKVY) Scheme. The signing of MoU was witnessed by Mr. Pramod Agrawal of IIGJ – Jaipur, Mr.

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Russian Dy. PM Meets Indian G&J Industry

Mumbai: A high powered Russian delegation led by Yuri Trutnev, Hon’ble Deputy Prime Minister of Russia and Presidential Envoy to the Russian Far East discussed closer collaboration between the gem and jewellery industries of the two countries with representatives of the GJEPC and BDB during a visit to the Bharat Diamond Bourse in Mumbai yesterday. The delegation comprised a number

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Anil Agarwal to Buy 13% Stake in Anglo American

Mumbai: Mr. Anil Agarwal, an Indian mining billionaire, plans to buy as much as 2 billion pounds ($2.4 billion) of Anglo American Plc shares in the market after a merger proposal failed last year, reports Bloomberg. The full stake would equate to about 13 percent of Anglo’s stock, making Agarwal the second-largest shareholder after South Africa’s Public Investment Corp. It

Read More »

UAE Nominates Maryam Al Hashemi For KP Committee

Dubai: Ahmed Bin Sulayem, the 2016 KP Chair, has nominated Maryam Al Hashemi, the UAE KP Director, as the 2017 Chair of the Committee of Participation and Chairmanship (CPC) of the Kimberley Process. The Committee on Participation and Chairmanship assists the Chair of the Kimberley Process in handling the admission of new participants and advises if a participant fails to

Read More »

GJSCI Ties up with IIGJ, JAJ, Jaipur for RPL Program

Mumbai: Gem & Jewellery Skill Council of India (GJSCI), Indian Institute of Gems & Jewellery (IIGJ), Jaipur and Jewellery Association, Jaipur (JAJ) signed a Tri-Party Agreement to train and certify the artisans of Jaipur under the RPL programme Pradhan Mantri Kaushal Vikas Yojana (PMKVY) Scheme. The signing of MoU was witnessed by Mr. Pramod Agrawal of IIGJ – Jaipur, Mr.

Read More »

Russian Dy. PM Meets Indian G&J Industry

Mumbai: A high powered Russian delegation led by Yuri Trutnev, Hon’ble Deputy Prime Minister of Russia and Presidential Envoy to the Russian Far East discussed closer collaboration between the gem and jewellery industries of the two countries with representatives of the GJEPC and BDB during a visit to the Bharat Diamond Bourse in Mumbai yesterday. The delegation comprised a number

Read More »

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