We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Top News
AGS Announces '17 Circle of Distinction Honorees
New York: The American Gem Society (AGS) will honor three leaders in the jewelry industry at its annual Circle of Distinction dinner on July 25 in New York City. Dr. James Shigley, a distinguished research fellow at the Gemological Institute of America (GIA) in Carlsbad, CA, will receive the prestigious Lifetime Achievement Award for his significant contributions to the industry
IDE to Host 3 I. Hennig Rough Tenders in March
Ramat Gan: I. Hennig Tenders, a leading international diamond tender operator, will hold three rough diamond tenders at the Israel Diamond Exchange (IDE) International Tender Center from March 13-16, 2017. The first tender will offer two special fancy color rough diamonds of yellow color from the Superkolong diamond tailings operation in Kimberley, South Africa. The stones weigh 77.54 and 38.88
HK Show Signals Optimism in Asian Markets
Hong Kong: The Hong Kong International Diamond, Gem & Pearl Show, which ran from February 28 and closed March 4, was the first major gem show this year, and may signal a trend in the global diamond industry and in Asian markets specifically. Chairman of the Israel Diamond Institute Group of Companies (IDI) Shmuel Schnizter said, “Our general impression is
Belgium’s Polished Exports Decline
Antwerp: Belgium’s diamond-trade statistics for February made for somber reading, as data from the Antwerp World Diamond Centre (AWDC) showed a slowdown in both polished and rough shipments. Polished exports slid 15 percent year on year to $1.35 billion, with shipments dropping 14 percent by volume to 530,947 carats, according to the data released Monday. The average price of exports
AGS Announces '17 Circle of Distinction Honorees
New York: The American Gem Society (AGS) will honor three leaders in the jewelry industry at its annual Circle of Distinction dinner on July 25 in New York City. Dr. James Shigley, a distinguished research fellow at the Gemological Institute of America (GIA) in Carlsbad, CA, will receive the prestigious Lifetime Achievement Award for his significant contributions to the industry
IDE to Host 3 I. Hennig Rough Tenders in March
Ramat Gan: I. Hennig Tenders, a leading international diamond tender operator, will hold three rough diamond tenders at the Israel Diamond Exchange (IDE) International Tender Center from March 13-16, 2017. The first tender will offer two special fancy color rough diamonds of yellow color from the Superkolong diamond tailings operation in Kimberley, South Africa. The stones weigh 77.54 and 38.88
HK Show Signals Optimism in Asian Markets
Hong Kong: The Hong Kong International Diamond, Gem & Pearl Show, which ran from February 28 and closed March 4, was the first major gem show this year, and may signal a trend in the global diamond industry and in Asian markets specifically. Chairman of the Israel Diamond Institute Group of Companies (IDI) Shmuel Schnizter said, “Our general impression is
Belgium’s Polished Exports Decline
Antwerp: Belgium’s diamond-trade statistics for February made for somber reading, as data from the Antwerp World Diamond Centre (AWDC) showed a slowdown in both polished and rough shipments. Polished exports slid 15 percent year on year to $1.35 billion, with shipments dropping 14 percent by volume to 530,947 carats, according to the data released Monday. The average price of exports
