Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Read More »

Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Read More »

Top News

Global Mining Industry Convalescing: Anglo

Cape Town: Anglo American, which has an 85 percent stake in De Beers, said the past year brought some reprieve for the global mining industry. Group chief executive Mark Cutifani told the Investing in African Mining Indaba in Cape Town, South Africa that while market watchers were ready to sound a death knell on mining’s prospects, the industry had survived.

Read More »

Presidents’ Meet Discusses Alternative Financing

Mumbai: The 2017 Presidents Meeting taking place in Mumbai this week heard at a special Finance Seminar on Monday about the financing challenges facing the global trade and possible solutions, including alternative forms of credit. Addressing the seminar, WFDB President Mr. Ernie Blom said the meeting aimed to lay out the reasons that the diamond trade finds it increasingly difficult

Read More »

GJSCI Launches Design Revive Contest

Kolhapur: With an aim to uplift the artisans of age-old jewellery technique, the Gems & Jewellery Skill Council of India (GJSCI) brings students of preliminary round of Revive Design contest to the silver town – Hupari. This initiative has been taken as a step to enable the young talent to blend with the custodians of 200 year old technique of

Read More »

The Imperial Crown of Russia at IDWI

Ramat Gan: A replica of the Great Imperial Crown of the Russian Empire, which was used in the coronations of all Russian monarchs since Catherine the Great, will be exhibited from February 13 – 14, 2017 at the sixth International Diamond Week in Israel (IDWI). The replica of the Crown was created by Kristall – Smolensk, Russia’s leading diamond manufacturer

Read More »

Global Mining Industry Convalescing: Anglo

Cape Town: Anglo American, which has an 85 percent stake in De Beers, said the past year brought some reprieve for the global mining industry. Group chief executive Mark Cutifani told the Investing in African Mining Indaba in Cape Town, South Africa that while market watchers were ready to sound a death knell on mining’s prospects, the industry had survived.

Read More »

Presidents’ Meet Discusses Alternative Financing

Mumbai: The 2017 Presidents Meeting taking place in Mumbai this week heard at a special Finance Seminar on Monday about the financing challenges facing the global trade and possible solutions, including alternative forms of credit. Addressing the seminar, WFDB President Mr. Ernie Blom said the meeting aimed to lay out the reasons that the diamond trade finds it increasingly difficult

Read More »

GJSCI Launches Design Revive Contest

Kolhapur: With an aim to uplift the artisans of age-old jewellery technique, the Gems & Jewellery Skill Council of India (GJSCI) brings students of preliminary round of Revive Design contest to the silver town – Hupari. This initiative has been taken as a step to enable the young talent to blend with the custodians of 200 year old technique of

Read More »

The Imperial Crown of Russia at IDWI

Ramat Gan: A replica of the Great Imperial Crown of the Russian Empire, which was used in the coronations of all Russian monarchs since Catherine the Great, will be exhibited from February 13 – 14, 2017 at the sixth International Diamond Week in Israel (IDWI). The replica of the Crown was created by Kristall – Smolensk, Russia’s leading diamond manufacturer

Read More »

Latest Videos