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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
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105 Companies Exhibiting at Sparkle
Surat: Southern Gujarat Chamber of Commerce and Industry (SGCCI) has mobilized its resources to ensure that the state government-sponsored Sparkle-2017, a gems and jewellery event, is held successfully here. Amid fear of getting less number of exhibitors, which was less than 50 until last week, the SGCCI’s gems and jewellery committee managed to get 105 exhibitors from Surat, Ahmedabad, Mumbai,

Rio Tinto Raises Diamond Output
Perth: Rio Tinto’s rough-diamond production grew 4 percent to 18 million carats in 2016, the lower end of its guidance, as it continued to step up underground operations at its Argyle mine in Australia. Output at Argyle, known for its production of rare fancy pink diamonds and high volume of lower-quality rough, increased 4 percent to 14 million carats. Production

Diamond studded Guitar at BrilliANT
Antwerp: A high-light of the upcoming eighth edition of BrilliANT, the Antwerp Diamond Trade Fair, will be Aaron Shum’s “Eden of Coronet,” a Gibson Guitar adorned with over 400 carats of Coronet® diamonds, set in approximately 1.6 kg of 18-karat white gold. The masterpiece was awarded a Guinness World Records™ title for the Most Valuable Guitar in 2015 and has

JNA Awards Declares Updated Categories
Hong Kong: The JNA Awards aims to promote and uphold excellence in innovation, creativity, leadership, sustainability and best business practices with a focus on initiatives that have a positive impact on Asia’s jewellery and gemstone sector. This year, the organiser has adjusted a few award categories to better respond to the needs of the industry and, at the same time,

105 Companies Exhibiting at Sparkle
Surat: Southern Gujarat Chamber of Commerce and Industry (SGCCI) has mobilized its resources to ensure that the state government-sponsored Sparkle-2017, a gems and jewellery event, is held successfully here. Amid fear of getting less number of exhibitors, which was less than 50 until last week, the SGCCI’s gems and jewellery committee managed to get 105 exhibitors from Surat, Ahmedabad, Mumbai,

Rio Tinto Raises Diamond Output
Perth: Rio Tinto’s rough-diamond production grew 4 percent to 18 million carats in 2016, the lower end of its guidance, as it continued to step up underground operations at its Argyle mine in Australia. Output at Argyle, known for its production of rare fancy pink diamonds and high volume of lower-quality rough, increased 4 percent to 14 million carats. Production

Diamond studded Guitar at BrilliANT
Antwerp: A high-light of the upcoming eighth edition of BrilliANT, the Antwerp Diamond Trade Fair, will be Aaron Shum’s “Eden of Coronet,” a Gibson Guitar adorned with over 400 carats of Coronet® diamonds, set in approximately 1.6 kg of 18-karat white gold. The masterpiece was awarded a Guinness World Records™ title for the Most Valuable Guitar in 2015 and has

JNA Awards Declares Updated Categories
Hong Kong: The JNA Awards aims to promote and uphold excellence in innovation, creativity, leadership, sustainability and best business practices with a focus on initiatives that have a positive impact on Asia’s jewellery and gemstone sector. This year, the organiser has adjusted a few award categories to better respond to the needs of the industry and, at the same time,