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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

ALROSA in Top 3 Mining Companies in Russia
Moscow: ALROSA, the world leader in diamond mining by volume, was placed among the top three mining companies in Russia for environmental responsibility. The diamond company entered TOP-3 list in all the categories of the rating which are Environmental Management/Policy, Environmental Impact, Disclosure / Transparency. According to the jury assessing the rating, these positions reflect the leadership both in terms

Govt. Clarifies Why Rio Abandoned Bunder Project
Bhopal: The Opposition Congress is eyeing the withdrawal of global mining giant Rio Tinto from the Chhattarpur diamond mines in Madhya Pradesh suspiciously. Congress’ deputy leader of Opposition Bala Bachchan raised the issue during the Question Hour in the state assembly on Tuesday and asked mining minister Rajendra Shukla for a copy of the agreement signed between the government and

KGK Group Joins JNA Awards 2017 Partner Roster
Hong Kong: KGK Group has joined as a Partner for the 2017 edition of the JNA Awards. KGK Group is the latest name to be added to the stellar roster of sponsors led by Headline Partners Rio Tinto Diamonds and Chow Tai Fook, together with fellow Honoured Partners the Shanghai Diamond Exchange, Guangdong Gems & Jade Exchange, and Guangdong Land

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.

ALROSA in Top 3 Mining Companies in Russia
Moscow: ALROSA, the world leader in diamond mining by volume, was placed among the top three mining companies in Russia for environmental responsibility. The diamond company entered TOP-3 list in all the categories of the rating which are Environmental Management/Policy, Environmental Impact, Disclosure / Transparency. According to the jury assessing the rating, these positions reflect the leadership both in terms

Govt. Clarifies Why Rio Abandoned Bunder Project
Bhopal: The Opposition Congress is eyeing the withdrawal of global mining giant Rio Tinto from the Chhattarpur diamond mines in Madhya Pradesh suspiciously. Congress’ deputy leader of Opposition Bala Bachchan raised the issue during the Question Hour in the state assembly on Tuesday and asked mining minister Rajendra Shukla for a copy of the agreement signed between the government and

KGK Group Joins JNA Awards 2017 Partner Roster
Hong Kong: KGK Group has joined as a Partner for the 2017 edition of the JNA Awards. KGK Group is the latest name to be added to the stellar roster of sponsors led by Headline Partners Rio Tinto Diamonds and Chow Tai Fook, together with fellow Honoured Partners the Shanghai Diamond Exchange, Guangdong Gems & Jade Exchange, and Guangdong Land

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.
