The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?

Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,

Read More »

The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?

Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,

Read More »

Top News

Shenzhen Bourse to Embrace Polished Diamonds

Shenzhen: The Shenzhen Rough Diamond Exchange (SRDE) plans to expand into polished trading and is preparing to rename itself to reflect the upgrade, reports Rapaport. The bourse is in the process of rebranding as the Shenzhen Diamond Exchange and has been trailing imports of polished diamonds since late last year, a spokesperson for the organization told Rapaport News on Wednesday.

Read More »

Pangolin Recovers Three New Diamonds

Gaborone: Pangolin Diamonds said three new diamonds were recently discovered from soil samples at the Malatswae diamond project in Botswana. It said one of the diamonds measured +2mm in all directions, clear and white in colour. Sixteen +0.5mm diamonds had now been discovered in soil samples within six zones at Malatswae. The first zone had produced nine diamonds from soil

Read More »

Diamond Conference Mines to Market Concludes

Mumbai: The two-day long International Diamond Conference Mines to Market organised by The Gem & Jewellery Export Promotion Council (GJEPC) as part of its 50th anniversary celebrations concluded in Mumbai on Monday after intense discussions spanning an extensive spectrum of issues related to the different stages of the pipeline. Summing up the two-day event, which included a Gala Dinner addressed

Read More »

DPA’s India Campaign to Unveil in IIJS 2017

Mumbai: The first ever generic diamond promotion campaign in over a decade launched by the Diamond Producers Association (DPA) in 2016, and the organisation’s plans to drive demand for diamonds especially among the millennial consumers, occupied centre stage at the session on Marketing during Day 2 of the GJEPC’s Mines to Market conference in Mumbai. The audience welcomed the announcement

Read More »

Shenzhen Bourse to Embrace Polished Diamonds

Shenzhen: The Shenzhen Rough Diamond Exchange (SRDE) plans to expand into polished trading and is preparing to rename itself to reflect the upgrade, reports Rapaport. The bourse is in the process of rebranding as the Shenzhen Diamond Exchange and has been trailing imports of polished diamonds since late last year, a spokesperson for the organization told Rapaport News on Wednesday.

Read More »

Pangolin Recovers Three New Diamonds

Gaborone: Pangolin Diamonds said three new diamonds were recently discovered from soil samples at the Malatswae diamond project in Botswana. It said one of the diamonds measured +2mm in all directions, clear and white in colour. Sixteen +0.5mm diamonds had now been discovered in soil samples within six zones at Malatswae. The first zone had produced nine diamonds from soil

Read More »

Diamond Conference Mines to Market Concludes

Mumbai: The two-day long International Diamond Conference Mines to Market organised by The Gem & Jewellery Export Promotion Council (GJEPC) as part of its 50th anniversary celebrations concluded in Mumbai on Monday after intense discussions spanning an extensive spectrum of issues related to the different stages of the pipeline. Summing up the two-day event, which included a Gala Dinner addressed

Read More »

DPA’s India Campaign to Unveil in IIJS 2017

Mumbai: The first ever generic diamond promotion campaign in over a decade launched by the Diamond Producers Association (DPA) in 2016, and the organisation’s plans to drive demand for diamonds especially among the millennial consumers, occupied centre stage at the session on Marketing during Day 2 of the GJEPC’s Mines to Market conference in Mumbai. The audience welcomed the announcement

Read More »

Latest Videos