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

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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

Read More »

Top News

KP Chair Ahmed Bin Sulayem Honoured by DDC

New York: Kimberley Process (KP) Chair Ahmed Bin Sulayem has been honoured by the Diamond Dealers Club (DDC) of New York for contributions to supporting the sustainable growth of the global diamond industry. During an official visit to the United States, the accolade was presented to Bin Sulayem by Reuven Kaufman, President of the DDC, and Eli Izhakoff, Honorary President

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U.S. Consumer Confidence Highest in 13 Years

New York: Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, writes Bloomberg based on a report from the Conference Board, a New-York based independent business membership and research association working in the public interest. The Conference Board Consumer Confidence

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Dates for 10th Signature IIJS Rescheduled Again

Mumbai:  The 10th edition of Signature IIJS 2017 is all set to unveil the most coveted premium jewellery and kick-start the new buying season from 6th (Monday) – 9th (Thursday) February, 2017 at Bombay Exhibition Centre, Goregaon. The 4th edition of India Gem & Jewellery Machinery Expo (IGJME) – one of the leading gem and jewellery (G&J) technology fairs – will be held in conjunction

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Alrosa to Auction Rough & Polished during IDWI

Ramat Gan:  Alrosa will hold a tender of both polished and rough diamonds during Israel’s sixth International Diamond Week (IDWI), February 13 – 16, 2017 at the Israel Diamond Exchange (IDE.) The auction will offer 108 boxes of rough diamonds of 11 to 199 carats, and several unique white and fancy color polished diamonds, weighing from 10 to 80 ct,

Read More »

KP Chair Ahmed Bin Sulayem Honoured by DDC

New York: Kimberley Process (KP) Chair Ahmed Bin Sulayem has been honoured by the Diamond Dealers Club (DDC) of New York for contributions to supporting the sustainable growth of the global diamond industry. During an official visit to the United States, the accolade was presented to Bin Sulayem by Reuven Kaufman, President of the DDC, and Eli Izhakoff, Honorary President

Read More »

U.S. Consumer Confidence Highest in 13 Years

New York: Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, writes Bloomberg based on a report from the Conference Board, a New-York based independent business membership and research association working in the public interest. The Conference Board Consumer Confidence

Read More »

Dates for 10th Signature IIJS Rescheduled Again

Mumbai:  The 10th edition of Signature IIJS 2017 is all set to unveil the most coveted premium jewellery and kick-start the new buying season from 6th (Monday) – 9th (Thursday) February, 2017 at Bombay Exhibition Centre, Goregaon. The 4th edition of India Gem & Jewellery Machinery Expo (IGJME) – one of the leading gem and jewellery (G&J) technology fairs – will be held in conjunction

Read More »

Alrosa to Auction Rough & Polished during IDWI

Ramat Gan:  Alrosa will hold a tender of both polished and rough diamonds during Israel’s sixth International Diamond Week (IDWI), February 13 – 16, 2017 at the Israel Diamond Exchange (IDE.) The auction will offer 108 boxes of rough diamonds of 11 to 199 carats, and several unique white and fancy color polished diamonds, weighing from 10 to 80 ct,

Read More »

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