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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
Top News
De Beers Rigs Botswana Sales Contract Negotiations
Gaborone: The De Beers Group has scored a major coup against Diamond Trading Company Botswana (DTCB), rigging the odds against Botswana as the country prepares to re-negotiate the Diamond Sales Agreement which lapses in 2020 and reversing achievements of the De Beers relocation from London to Gaborone. ‘Sunday Standard’ reports that against all advice from his technical team, the Managing
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
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
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
De Beers Rigs Botswana Sales Contract Negotiations
Gaborone: The De Beers Group has scored a major coup against Diamond Trading Company Botswana (DTCB), rigging the odds against Botswana as the country prepares to re-negotiate the Diamond Sales Agreement which lapses in 2020 and reversing achievements of the De Beers relocation from London to Gaborone. ‘Sunday Standard’ reports that against all advice from his technical team, the Managing
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
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
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
