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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
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Dubai Precious Metals Conference on April 9-10
Dubai: The conference will have the participation of miners, investors, engineers, asset managers and professional services representatives from across the precious metals sector. They will discuss the most relevant topics of note to the industry. “Held under the theme of ‘Connecting Markets’, the discussions will focus on the new era of global trade and how shifting geopolitics will impact the
Rolex Rated as World’s Most Reputable Company
New York: For the second year in a row, Rolex topped an annual ranking of companies with the best reputations in the world. The Global RepTrak 100 ranking, according to the Reputation Institute, which produces the list, is the largest corporate reputation study of its kind, with 170,000 ratings. Rolex was the only jewellery or watch brand listed on the
All Parcels Sold at Gahcho Kué Tender
Toronto: Mountain Province sold 277,646 carats of rough diamonds at its second tender of production from the Gahcho Kué mine in Canada. The company sold all the parcels of diamonds on offer, including those it had held over from its January sale due to India’s liquidity crisis, Mountain Province said. While that previous sale of 49,420 carats fetched $6.3 million
Industry Productivity Dropped 30%: Mark Cutifani
Toronto: Productivity remains number one operational challenge for the industry as it has dropped by 30% over the last decade, said Mark Cutifani, CEO of Anglo American, in his speech at the Prospectors and Developers association of Canada convention. Cutifani reported that since 2012 Anglo American has increased its productivity by 41%, delivering 8% more product, from a 1/3 fewer
Dubai Precious Metals Conference on April 9-10
Dubai: The conference will have the participation of miners, investors, engineers, asset managers and professional services representatives from across the precious metals sector. They will discuss the most relevant topics of note to the industry. “Held under the theme of ‘Connecting Markets’, the discussions will focus on the new era of global trade and how shifting geopolitics will impact the
Rolex Rated as World’s Most Reputable Company
New York: For the second year in a row, Rolex topped an annual ranking of companies with the best reputations in the world. The Global RepTrak 100 ranking, according to the Reputation Institute, which produces the list, is the largest corporate reputation study of its kind, with 170,000 ratings. Rolex was the only jewellery or watch brand listed on the
All Parcels Sold at Gahcho Kué Tender
Toronto: Mountain Province sold 277,646 carats of rough diamonds at its second tender of production from the Gahcho Kué mine in Canada. The company sold all the parcels of diamonds on offer, including those it had held over from its January sale due to India’s liquidity crisis, Mountain Province said. While that previous sale of 49,420 carats fetched $6.3 million
Industry Productivity Dropped 30%: Mark Cutifani
Toronto: Productivity remains number one operational challenge for the industry as it has dropped by 30% over the last decade, said Mark Cutifani, CEO of Anglo American, in his speech at the Prospectors and Developers association of Canada convention. Cutifani reported that since 2012 Anglo American has increased its productivity by 41%, delivering 8% more product, from a 1/3 fewer
