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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%,

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%,
Top News

Dominion to Hold Rough Viewing At IDTC
Mumbai: Dominion Diamond Marketing NV will be holding its first rough diamond viewing session for 2017 at the India Diamond Trading Centre Special Notified Zone in Mumbai from January 11-17, 2017. The company sells assortments of rough sourced via its ownership interests in the Diavik and Ekati Diamond Mines in Canada. Other major mining companies have also displayed their goods

Mujeres Brillantes Expands its Reach on Net
Panama: Mujeres Brillantes Association launched today their website www.mubri.com, their Youtube Channel called Mujeres Brillantes has been active since December 2016. The Channel has videos discussing a variety of subjects related to the industry where most women’s jewellers have an opportunity not only to promote their jewellery lines and share their history but also discuss relevant subjects on ways of

GJF Elects Committee of Admin for 2016-18
Mumbai: The All India Gems & Jewellery Trade Federation (GJF) has announced the names of those elected to the new Committee for Administration 2016-18 following the completion of its first ever online election process. The CoA comprises four zonal chairmen representing the North, South, East and West and 14 other Panel Representatives from different sectors of the manufacturing, trading and

India’s Gold Imports Lowest Since 2003
Mumbai: With the government giving a push to digital transactions following demonetisation and discouraging the purchase of assets using cash, some trends expected to change the gold business have been identified, reports Business Standard. The immediate impact of demonetisation has been on gold demand, which went up sharply after the withdrawal of the 500- and 1000-rupee notes on November 8.

Dominion to Hold Rough Viewing At IDTC
Mumbai: Dominion Diamond Marketing NV will be holding its first rough diamond viewing session for 2017 at the India Diamond Trading Centre Special Notified Zone in Mumbai from January 11-17, 2017. The company sells assortments of rough sourced via its ownership interests in the Diavik and Ekati Diamond Mines in Canada. Other major mining companies have also displayed their goods

Mujeres Brillantes Expands its Reach on Net
Panama: Mujeres Brillantes Association launched today their website www.mubri.com, their Youtube Channel called Mujeres Brillantes has been active since December 2016. The Channel has videos discussing a variety of subjects related to the industry where most women’s jewellers have an opportunity not only to promote their jewellery lines and share their history but also discuss relevant subjects on ways of

GJF Elects Committee of Admin for 2016-18
Mumbai: The All India Gems & Jewellery Trade Federation (GJF) has announced the names of those elected to the new Committee for Administration 2016-18 following the completion of its first ever online election process. The CoA comprises four zonal chairmen representing the North, South, East and West and 14 other Panel Representatives from different sectors of the manufacturing, trading and

India’s Gold Imports Lowest Since 2003
Mumbai: With the government giving a push to digital transactions following demonetisation and discouraging the purchase of assets using cash, some trends expected to change the gold business have been identified, reports Business Standard. The immediate impact of demonetisation has been on gold demand, which went up sharply after the withdrawal of the 500- and 1000-rupee notes on November 8.