Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
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
De Beers’ Sells $720 mln Rough in First Cycle
Gaborone: De Beers rough-diamond sales jumped 32 percent year on year to $720 million during its first sales cycle of 2017 as manufacturers restocked following the holiday season, according to a press statement issued by the Company. De Beers sold rough diamonds with a value of $720 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of
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.
De Beers’ Sells $720 mln Rough in First Cycle
Gaborone: De Beers rough-diamond sales jumped 32 percent year on year to $720 million during its first sales cycle of 2017 as manufacturers restocked following the holiday season, according to a press statement issued by the Company. De Beers sold rough diamonds with a value of $720 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of
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.
