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 »

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GJF Seeks 1.25% GST for Gems & Jewellery Sector

Patna: The All India Gems & Jewellery Trade Federation (GJF) East Zonal Chairman Mr. Sankar Sen, Immediate Past Chairman G V Sreedhar, Director – Manoj Jha, Zonal Committee Member Srimal Dholakia and office bearers of Patliputra Sarafa Association Binod Kumar and Bharat Mehta met Honourable Finance Minister of Bihar Mr. Abdul Bari Siddiqui ji and Commercial Tax Minister Mr. Bijendra

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Israel Denies Work Permit to Human Rights Watch

Tel Aviv: Human Rights Watch reported that Israeli authorities denied its application for a work permit submitted by the organization’s Israel and Palestine director on the grounds that it is not a real human rights group, reports Rough&Polished. In his reply to the application, Moshe Nakash, Permit Division Director at Israel’s Administration Service for Employers and Foreign Workers cited the

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GJSCI Declares Winners of Design Revive Contest

Mumbai: Gem & Jewellery Skill Council of India (GJSCI) announced winners of Design Revive Contest 2017 during the 3rd edition of Jewel Talks, an interactive knowledge forum, in Mumbai’s on 23rd February 2017. Ms. Mahima from Institute NIFT, Mumbai won the first prize, Ms. Vipula Ayare from Institute SNDT College, Mumbai won the second prize and Mr. Sankesh Surana from

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Dominion Diamond Reports Sharp Fall in Q4 Sales

Toronto: Dominion Diamond Corporation reports fourth fiscal quarter diamond sales of $129.9 million from the sale of 1.4 million carats compared with $178.1 million from the sale of 1.1 million carats in the year-earlier quarter. “Total rough diamond sales decreased 27% in the fourth fiscal quarter compared to the same period in the prior year. This was due primarily to

Read More »

GJF Seeks 1.25% GST for Gems & Jewellery Sector

Patna: The All India Gems & Jewellery Trade Federation (GJF) East Zonal Chairman Mr. Sankar Sen, Immediate Past Chairman G V Sreedhar, Director – Manoj Jha, Zonal Committee Member Srimal Dholakia and office bearers of Patliputra Sarafa Association Binod Kumar and Bharat Mehta met Honourable Finance Minister of Bihar Mr. Abdul Bari Siddiqui ji and Commercial Tax Minister Mr. Bijendra

Read More »

Israel Denies Work Permit to Human Rights Watch

Tel Aviv: Human Rights Watch reported that Israeli authorities denied its application for a work permit submitted by the organization’s Israel and Palestine director on the grounds that it is not a real human rights group, reports Rough&Polished. In his reply to the application, Moshe Nakash, Permit Division Director at Israel’s Administration Service for Employers and Foreign Workers cited the

Read More »

GJSCI Declares Winners of Design Revive Contest

Mumbai: Gem & Jewellery Skill Council of India (GJSCI) announced winners of Design Revive Contest 2017 during the 3rd edition of Jewel Talks, an interactive knowledge forum, in Mumbai’s on 23rd February 2017. Ms. Mahima from Institute NIFT, Mumbai won the first prize, Ms. Vipula Ayare from Institute SNDT College, Mumbai won the second prize and Mr. Sankesh Surana from

Read More »

Dominion Diamond Reports Sharp Fall in Q4 Sales

Toronto: Dominion Diamond Corporation reports fourth fiscal quarter diamond sales of $129.9 million from the sale of 1.4 million carats compared with $178.1 million from the sale of 1.1 million carats in the year-earlier quarter. “Total rough diamond sales decreased 27% in the fourth fiscal quarter compared to the same period in the prior year. This was due primarily to

Read More »

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