Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?

Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers

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Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?

Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers

Read More »

Top News

Signet to Conduct Independent Review

New York: Signet Jewellers Limited announced that its new Board Committee, focused on Respect in the Workplace, has appointed former federal Judge Barbara S. Jones to conduct a thorough review of the company’s policies and practices regarding equal opportunity and workplace expectations. “Judge Barbara Jones’ integrity is impeccable. She and her team have had a distinguished career in matters relating

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Surat-Dubai Flight Starts from 15th May

Surat’s diamond industry is all set to glitter with the direct business links with the world’s second largest diamond centre in Dubai following the proposed launch of international connectivity by the Air India (AI) starting from May 15. For diamond traders and jewellery makers over the world, Dubai remains an important trade centre for pearls. But, of late, a growing

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Dubai Diamond Trade Sharply Jumped in 2016

Dubai: The Dubai Diamond Exchange (DDE) gained 268 new members in 2016, facilitating a sharp rise in diamond-trading activity there. A total of 945 companies now operate in the bourse, out of the 13,500 members that the Dubai Multi Commodities Centre (DMCC) hosts in its tax-free zone, according to the DMCC’s recent annual report. The DMCC, which includes commodities such

Read More »

Second DDES in Surat Concluded Successfully

Massive awareness campaign in 21 cities across India Surat’s diamond associations pledge to preserve its reputation GJEPC Chairman offers 50% discount to all Associations in & around Surat which want to install synthetic diamond detection machines Surat:  Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s  gem & jewellery industry, organized the second edition of ‘Diamond Detection

Read More »

Signet to Conduct Independent Review

New York: Signet Jewellers Limited announced that its new Board Committee, focused on Respect in the Workplace, has appointed former federal Judge Barbara S. Jones to conduct a thorough review of the company’s policies and practices regarding equal opportunity and workplace expectations. “Judge Barbara Jones’ integrity is impeccable. She and her team have had a distinguished career in matters relating

Read More »

Surat-Dubai Flight Starts from 15th May

Surat’s diamond industry is all set to glitter with the direct business links with the world’s second largest diamond centre in Dubai following the proposed launch of international connectivity by the Air India (AI) starting from May 15. For diamond traders and jewellery makers over the world, Dubai remains an important trade centre for pearls. But, of late, a growing

Read More »

Dubai Diamond Trade Sharply Jumped in 2016

Dubai: The Dubai Diamond Exchange (DDE) gained 268 new members in 2016, facilitating a sharp rise in diamond-trading activity there. A total of 945 companies now operate in the bourse, out of the 13,500 members that the Dubai Multi Commodities Centre (DMCC) hosts in its tax-free zone, according to the DMCC’s recent annual report. The DMCC, which includes commodities such

Read More »

Second DDES in Surat Concluded Successfully

Massive awareness campaign in 21 cities across India Surat’s diamond associations pledge to preserve its reputation GJEPC Chairman offers 50% discount to all Associations in & around Surat which want to install synthetic diamond detection machines Surat:  Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s  gem & jewellery industry, organized the second edition of ‘Diamond Detection

Read More »

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