Global Gold City Project Announced
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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
Top News
6th India diamond Week Successful: DDC
New York: The Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), this week hosted more than 60 exhibitors and several hundred buyers at the sixth edition of the India Diamond Week on the DDC’s trading floor in Manhattan. The India Diamond Week provides trading opportunities for the Indian diamond trade
Bangkok Jewellery Fair Expects to See £382m Deals
Bangkok: The 59th Bangkok Gems & Jewelelry Fair has projected it will generate in excess of £382 million worth of trade deals. Thailand’s Ministry of Commerce has confirmed that major importers and buyers from key export markets of gems and jewellery will attend the show next month. It expects to see 20,000 international visitors, bringing together more than 700 companies
India May Revive Old Gold Mines
New Delhi: India is planning to revive a cluster of colonial-era gold mines – shut for 15 years but with an estimated $2.1 billion worth of deposits left – as the world’s second-largest importer of the metal looks for ways to cut its trade deficit, officials said. State-run Mineral Exploration Corp has started exploring the reserves at Kolar Gold Fields,
India’s Gold Demand Touches 13-Year Low
Mumbai: India’s gold demand has slumped to its lowest in 13 years due to various measures announced by the government to discourage purchases. GFMS, a precious metals consultancy, estimated India’s gold demand at 580 tonnes in 2016, a decline of 34 per cent from the previous year. This level of demand has not been seen in India since 2003. “The
6th India diamond Week Successful: DDC
New York: The Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), this week hosted more than 60 exhibitors and several hundred buyers at the sixth edition of the India Diamond Week on the DDC’s trading floor in Manhattan. The India Diamond Week provides trading opportunities for the Indian diamond trade
Bangkok Jewellery Fair Expects to See £382m Deals
Bangkok: The 59th Bangkok Gems & Jewelelry Fair has projected it will generate in excess of £382 million worth of trade deals. Thailand’s Ministry of Commerce has confirmed that major importers and buyers from key export markets of gems and jewellery will attend the show next month. It expects to see 20,000 international visitors, bringing together more than 700 companies
India May Revive Old Gold Mines
New Delhi: India is planning to revive a cluster of colonial-era gold mines – shut for 15 years but with an estimated $2.1 billion worth of deposits left – as the world’s second-largest importer of the metal looks for ways to cut its trade deficit, officials said. State-run Mineral Exploration Corp has started exploring the reserves at Kolar Gold Fields,
India’s Gold Demand Touches 13-Year Low
Mumbai: India’s gold demand has slumped to its lowest in 13 years due to various measures announced by the government to discourage purchases. GFMS, a precious metals consultancy, estimated India’s gold demand at 580 tonnes in 2016, a decline of 34 per cent from the previous year. This level of demand has not been seen in India since 2003. “The
