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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Various Courses Offered by IIGJ, Mumbai

Mumbai: Now leverage your creativity and skill to create a distinguished career in the fast-growing gems & jewellery sector. Indian Institute of Gems & Jewellery (IIGJ) Mumbai, an initiative of Gem & Jewellery Export Promotion Council of India (GJEPC), now offers comprehensive and intensive training using state-of-the-art resources encompassing qualified & trained faculty and equipment, supported by audio-visual techniques. The

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GJEPC Expo on Synthetic Diamond Detection

Surat: The Diamond City will host a two-day-long Diamond Detection Expo & Symposium (DDES) 2017 to provide a platform for the trade to interact with developers of machines and technology for detection of natural diamonds and synthetic at Samast Patidar Samaj Bhavan at Katargam starting from April 14. Regional chairman of Gem and Jewellery Export Promotion Council (GJEPC), Mr. Dinesh

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Alrosa Sells $554 Million of Rough Diamonds in March

Moscow: Russian diamond miner Alrosa announced rough sales of $554.2 million in March. Polished diamond sales amounted to $12.4 million. Total diamond sales in March amounted to $566.6 million, 1 percent higher than the same period last year. “In March, we continue to observe stable demand in almost all categories of rough diamonds, which is a confirmation of the optimism

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India’s Gold Imports Down 24% in April-Feb ‘17

Mumbai: Import of gold into India rose to US$ 3.4 billion during February 2017, as compared to US$ 1.4 billion a year earlier, but the overall imports for the first eleven months of the previous fiscal were still about 24% below the levels for the comparative period a year ago, according to data released by the Indian government, as reported

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Various Courses Offered by IIGJ, Mumbai

Mumbai: Now leverage your creativity and skill to create a distinguished career in the fast-growing gems & jewellery sector. Indian Institute of Gems & Jewellery (IIGJ) Mumbai, an initiative of Gem & Jewellery Export Promotion Council of India (GJEPC), now offers comprehensive and intensive training using state-of-the-art resources encompassing qualified & trained faculty and equipment, supported by audio-visual techniques. The

Read More »

GJEPC Expo on Synthetic Diamond Detection

Surat: The Diamond City will host a two-day-long Diamond Detection Expo & Symposium (DDES) 2017 to provide a platform for the trade to interact with developers of machines and technology for detection of natural diamonds and synthetic at Samast Patidar Samaj Bhavan at Katargam starting from April 14. Regional chairman of Gem and Jewellery Export Promotion Council (GJEPC), Mr. Dinesh

Read More »

Alrosa Sells $554 Million of Rough Diamonds in March

Moscow: Russian diamond miner Alrosa announced rough sales of $554.2 million in March. Polished diamond sales amounted to $12.4 million. Total diamond sales in March amounted to $566.6 million, 1 percent higher than the same period last year. “In March, we continue to observe stable demand in almost all categories of rough diamonds, which is a confirmation of the optimism

Read More »

India’s Gold Imports Down 24% in April-Feb ‘17

Mumbai: Import of gold into India rose to US$ 3.4 billion during February 2017, as compared to US$ 1.4 billion a year earlier, but the overall imports for the first eleven months of the previous fiscal were still about 24% below the levels for the comparative period a year ago, according to data released by the Indian government, as reported

Read More »

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