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 »

Top News

Gem Diamonds Puts Ghaghoo Mine on Hold

Gaborone: Gem Diamonds will stop production at the Ghaghoo mine in Botswana, effective immediately, due to a slump in prices, the company said Thursday. The miner has decided to place the asset on “care and maintenance,” meaning it will put diamond recovery on hold but keep managing the site until market conditions improve. The average price of rough diamonds extracted

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10th Convocation Ceremony Held at IIGJ Mumbai

Mumbai: On February 14th , 2017 members of the Indian Institute of Gems & Jewellery gathered with students, their family, and friends to celebrate Convocation. On this day, the students of Diploma Batch 10TH were declared graduates at the D.Navinchandra Auditorium at IIGJ, Andheri East. The presence of Chief Guest – Mr. PremKumar Kothari – Chairman – GJSCI, Mrs. Namita

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Change in Address of NY Diamond Dealers Club

New York; The Diamond Dealers Club (DDC) of New York will move to new premises at the International Gem Tower (IGT), enabling more companies to beat Manhattan’s sky-high rents by relocating their offices to the trading floor. The DDC signed a contract with Extell Development to secure about 17,500 square feet on the 11th floor of the building, which is

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DJWE to be Held from 20th to 25th Feb

Doha: Doha Jewellery and Watches Exhibition (DJWE) is being held from 20th to 25th February, 2017 under the patronage of the Prime Minister and Minister of Interior, His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al Thani, and brought to you by Qatar Tourism Authority (QTA) in partnership with Auditoire Qatar. DJWE returns for the 14th year with a dazzling

Read More »

Gem Diamonds Puts Ghaghoo Mine on Hold

Gaborone: Gem Diamonds will stop production at the Ghaghoo mine in Botswana, effective immediately, due to a slump in prices, the company said Thursday. The miner has decided to place the asset on “care and maintenance,” meaning it will put diamond recovery on hold but keep managing the site until market conditions improve. The average price of rough diamonds extracted

Read More »

10th Convocation Ceremony Held at IIGJ Mumbai

Mumbai: On February 14th , 2017 members of the Indian Institute of Gems & Jewellery gathered with students, their family, and friends to celebrate Convocation. On this day, the students of Diploma Batch 10TH were declared graduates at the D.Navinchandra Auditorium at IIGJ, Andheri East. The presence of Chief Guest – Mr. PremKumar Kothari – Chairman – GJSCI, Mrs. Namita

Read More »

Change in Address of NY Diamond Dealers Club

New York; The Diamond Dealers Club (DDC) of New York will move to new premises at the International Gem Tower (IGT), enabling more companies to beat Manhattan’s sky-high rents by relocating their offices to the trading floor. The DDC signed a contract with Extell Development to secure about 17,500 square feet on the 11th floor of the building, which is

Read More »

DJWE to be Held from 20th to 25th Feb

Doha: Doha Jewellery and Watches Exhibition (DJWE) is being held from 20th to 25th February, 2017 under the patronage of the Prime Minister and Minister of Interior, His Excellency Sheikh Abdullah bin Nasser bin Khalifa Al Thani, and brought to you by Qatar Tourism Authority (QTA) in partnership with Auditoire Qatar. DJWE returns for the 14th year with a dazzling

Read More »

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