The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?

Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,

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The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?

Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,

Read More »

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Vintage Jewellery Proves Worthy Investment

London: Vintage jewellery has gained more than 80 percent in value in the past decade, with many owners not realizing how much money they are sitting on, U.K.-based auction house Bonhams said. Jewellery from the Art Deco period in the 1920s and 1930s and pieces from the Belle Epoque era from 1890 to 1915 have appreciated 88 percent since 2006,

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AGS Introduces ‘Only My Diamond’ Service

New York: The American Gem Society Laboratories (AGS Laboratories) has started a new service called Only My Diamond. The interactive online tool on the AGSLab web site provides an enhancement to AGS Laboratories’ Diamond QualityDocument (DQD) by offering supplementary diamond quality information. The Only My Diamond service includes a downloadable PDF of the Diamond Quality Document (DQD), a video of

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Sarine’s Sales Expected to Grow in Q4

Tel Aviv: Sarine Technologies expects fourth quarter revenue grew significantly as sentiment improved in the Indian diamond manufacturing sector, the diamond equipment supplier said in a trading update. The company projected sales will surpass $18 million during the final three months of 2016, which would imply a 45 percent jump from a year ago but falls in line with the

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Nitin Khandelwal Appointed as Chairman of GJF

Mumbai: The All India Gems & Jewellery Trade Federation (GJF), a national trade federation for the promotion and growth of trade in gems and jewellery across India, has appointed Mr. Nitin Khandelwal as Chairman and Mr. Pramod Agarwal as Vice Chairman for a period of two years. The list of other Directors of GJF has been uploaded on the company

Read More »

Vintage Jewellery Proves Worthy Investment

London: Vintage jewellery has gained more than 80 percent in value in the past decade, with many owners not realizing how much money they are sitting on, U.K.-based auction house Bonhams said. Jewellery from the Art Deco period in the 1920s and 1930s and pieces from the Belle Epoque era from 1890 to 1915 have appreciated 88 percent since 2006,

Read More »

AGS Introduces ‘Only My Diamond’ Service

New York: The American Gem Society Laboratories (AGS Laboratories) has started a new service called Only My Diamond. The interactive online tool on the AGSLab web site provides an enhancement to AGS Laboratories’ Diamond QualityDocument (DQD) by offering supplementary diamond quality information. The Only My Diamond service includes a downloadable PDF of the Diamond Quality Document (DQD), a video of

Read More »

Sarine’s Sales Expected to Grow in Q4

Tel Aviv: Sarine Technologies expects fourth quarter revenue grew significantly as sentiment improved in the Indian diamond manufacturing sector, the diamond equipment supplier said in a trading update. The company projected sales will surpass $18 million during the final three months of 2016, which would imply a 45 percent jump from a year ago but falls in line with the

Read More »

Nitin Khandelwal Appointed as Chairman of GJF

Mumbai: The All India Gems & Jewellery Trade Federation (GJF), a national trade federation for the promotion and growth of trade in gems and jewellery across India, has appointed Mr. Nitin Khandelwal as Chairman and Mr. Pramod Agarwal as Vice Chairman for a period of two years. The list of other Directors of GJF has been uploaded on the company

Read More »

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