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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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

Read More »

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WPIC Plans Platinum ETF in China

Mumbai: The World Platinum Investment Council (WPIC) plans to launch an exchange-traded fund (ETF) in China, the world’s biggest consumer of the precious metal, and a coin-based fund in Europe in 2017, an executive of the council said on Wednesday. “We are working on two deals in China for investment products. ETF and retail platinum bars with a big state-run

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JNA Awards 2017 Now Accepting Entries

Hong Kong: The JNA Awards, one of the world’s most prestigious awards in the jewellery and gemstone industry, is now calling for entries for its sixth edition. Organised by JNA, the annual JNA Awards is set to further advance and propel Asia’s jewellery and gemstone sector by recognising and honouring companies and individuals that have exhibited innovation, excellence, best business

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Muthoot Launches Anantavarsham Platinum Series

Mumbai: Muthoot Exim, the precious metals division of the 130-year–old corporate conglomerate Muthoot Pappachan Group, today launched India’s first ever range of non jewellery platinum products made from the rarest of precious metals, platinum. Named ‘Anantavarsham Platinum Series’, the new range of non jewellery products aims to give Indian customers unprecedented access to affordable platinum products, purchased via savings and

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Gahcho Kue Mine Begins Commercial Production

Toronto: Gahcho Kué, the world’s largest new diamond mine in the last 13 years, officially began commercial production on 2nd March 2017, according to a press release. The mine, a joint venture with De Beers Group (51 per cent) and Mountain Province Diamonds (49 per cent), is expected to produce approximately 54 million carats of rough diamonds over its lifetime.

Read More »

WPIC Plans Platinum ETF in China

Mumbai: The World Platinum Investment Council (WPIC) plans to launch an exchange-traded fund (ETF) in China, the world’s biggest consumer of the precious metal, and a coin-based fund in Europe in 2017, an executive of the council said on Wednesday. “We are working on two deals in China for investment products. ETF and retail platinum bars with a big state-run

Read More »

JNA Awards 2017 Now Accepting Entries

Hong Kong: The JNA Awards, one of the world’s most prestigious awards in the jewellery and gemstone industry, is now calling for entries for its sixth edition. Organised by JNA, the annual JNA Awards is set to further advance and propel Asia’s jewellery and gemstone sector by recognising and honouring companies and individuals that have exhibited innovation, excellence, best business

Read More »

Muthoot Launches Anantavarsham Platinum Series

Mumbai: Muthoot Exim, the precious metals division of the 130-year–old corporate conglomerate Muthoot Pappachan Group, today launched India’s first ever range of non jewellery platinum products made from the rarest of precious metals, platinum. Named ‘Anantavarsham Platinum Series’, the new range of non jewellery products aims to give Indian customers unprecedented access to affordable platinum products, purchased via savings and

Read More »

Gahcho Kue Mine Begins Commercial Production

Toronto: Gahcho Kué, the world’s largest new diamond mine in the last 13 years, officially began commercial production on 2nd March 2017, according to a press release. The mine, a joint venture with De Beers Group (51 per cent) and Mountain Province Diamonds (49 per cent), is expected to produce approximately 54 million carats of rough diamonds over its lifetime.

Read More »

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