Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal
Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in
Top News
India’s Gold Demand May Reach 950T by 2020
Mumbai: The World Gold Council (WGC) yesterday launched the report titled ‘India’s Gold Market: evolution and innovation’. This report explains the entire supply chain for India’s gold market– from imports and recycling through to consumer demand – and how it is likely to develop in the coming years. It also provides an overview of existing gold-related policies and how they
Sarine Appoints David Block as CEO
Tel Aviv: Sarine Technologies named David Block as its new chief executive officer after Uzi Levami stepped down for personal reasons. Levami, 65, has been group CEO for eight years, a period in which he presided over dramatic growth and expansion, according to the company. He will continue serving as an executive director and as a director of all of
Dates Set for Rival Thailand Jewellery Fairs
Bangkok: Following industry confusion last year, the 2017 dates and venues of Thailand’s two independently organised jewellery fairs appear to have been finalised. The 59th Bangkok Gems and Jewelry Fair (BGJF), hosted by the Thai government’s Department of International Trade Promotion (DITP), is scheduled to take place at the Impact Exhibition Centre in Bangkok from 22 February to 26 February.
Nine New Diamond Deposits in Yakutia By 2025
Moscow: Nine new diamond deposits in two Arctic regions of Yakutia will be commissioned by 2025 by ALROSA subsidiaries, according to Vasily Zakharov, the first deputy minister of Industry and Geology of the Republic of Yakutia. “In 2016-2025, the two companies – Nizhne-Lenskoye and Diamonds Anabara (ALROSA subsidiaries) will commission nine new locations in two Arctic regions,” – he said.
India’s Gold Demand May Reach 950T by 2020
Mumbai: The World Gold Council (WGC) yesterday launched the report titled ‘India’s Gold Market: evolution and innovation’. This report explains the entire supply chain for India’s gold market– from imports and recycling through to consumer demand – and how it is likely to develop in the coming years. It also provides an overview of existing gold-related policies and how they
Sarine Appoints David Block as CEO
Tel Aviv: Sarine Technologies named David Block as its new chief executive officer after Uzi Levami stepped down for personal reasons. Levami, 65, has been group CEO for eight years, a period in which he presided over dramatic growth and expansion, according to the company. He will continue serving as an executive director and as a director of all of
Dates Set for Rival Thailand Jewellery Fairs
Bangkok: Following industry confusion last year, the 2017 dates and venues of Thailand’s two independently organised jewellery fairs appear to have been finalised. The 59th Bangkok Gems and Jewelry Fair (BGJF), hosted by the Thai government’s Department of International Trade Promotion (DITP), is scheduled to take place at the Impact Exhibition Centre in Bangkok from 22 February to 26 February.
Nine New Diamond Deposits in Yakutia By 2025
Moscow: Nine new diamond deposits in two Arctic regions of Yakutia will be commissioned by 2025 by ALROSA subsidiaries, according to Vasily Zakharov, the first deputy minister of Industry and Geology of the Republic of Yakutia. “In 2016-2025, the two companies – Nizhne-Lenskoye and Diamonds Anabara (ALROSA subsidiaries) will commission nine new locations in two Arctic regions,” – he said.
