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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

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
Top News

Andhra Pradesh Has Huge Gold Mining Potential
Visakhapatnam: Andhra Pradesh is literally a gold mine! The state has a huge potential for gold mining and is the only state in India where two exclusive gold mines are being set up by an Australian-Indian organisation. There are known deposits of gold bearing quartz rocks in the Rayalaseema region of AP, including Anantapur, Chittoor and Kurnool, as per experts.

6th India diamond Week Successful: DDC
New York: The Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), this week hosted more than 60 exhibitors and several hundred buyers at the sixth edition of the India Diamond Week on the DDC’s trading floor in Manhattan. The India Diamond Week provides trading opportunities for the Indian diamond trade

Bangkok Jewellery Fair Expects to See £382m Deals
Bangkok: The 59th Bangkok Gems & Jewelelry Fair has projected it will generate in excess of £382 million worth of trade deals. Thailand’s Ministry of Commerce has confirmed that major importers and buyers from key export markets of gems and jewellery will attend the show next month. It expects to see 20,000 international visitors, bringing together more than 700 companies

India May Revive Old Gold Mines
New Delhi: India is planning to revive a cluster of colonial-era gold mines – shut for 15 years but with an estimated $2.1 billion worth of deposits left – as the world’s second-largest importer of the metal looks for ways to cut its trade deficit, officials said. State-run Mineral Exploration Corp has started exploring the reserves at Kolar Gold Fields,

Andhra Pradesh Has Huge Gold Mining Potential
Visakhapatnam: Andhra Pradesh is literally a gold mine! The state has a huge potential for gold mining and is the only state in India where two exclusive gold mines are being set up by an Australian-Indian organisation. There are known deposits of gold bearing quartz rocks in the Rayalaseema region of AP, including Anantapur, Chittoor and Kurnool, as per experts.

6th India diamond Week Successful: DDC
New York: The Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), this week hosted more than 60 exhibitors and several hundred buyers at the sixth edition of the India Diamond Week on the DDC’s trading floor in Manhattan. The India Diamond Week provides trading opportunities for the Indian diamond trade

Bangkok Jewellery Fair Expects to See £382m Deals
Bangkok: The 59th Bangkok Gems & Jewelelry Fair has projected it will generate in excess of £382 million worth of trade deals. Thailand’s Ministry of Commerce has confirmed that major importers and buyers from key export markets of gems and jewellery will attend the show next month. It expects to see 20,000 international visitors, bringing together more than 700 companies

India May Revive Old Gold Mines
New Delhi: India is planning to revive a cluster of colonial-era gold mines – shut for 15 years but with an estimated $2.1 billion worth of deposits left – as the world’s second-largest importer of the metal looks for ways to cut its trade deficit, officials said. State-run Mineral Exploration Corp has started exploring the reserves at Kolar Gold Fields,