Cool Inflation, Hot Oil: Why Gold and Silver Couldn’t Rally

The week ending July 17 extended the correction to a fourth consecutive weekly decline. What made the move notable was not the size of the loss (both metals gave back most or all of the July 3 recovery) but the character of the weekly path. On Tuesday July 14, the US June CPI came in cooler than expected, and the initial reaction was gold-positive. That rally faded within 24 hours, and by Friday both metals were at multi-month lows. The

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Cool Inflation, Hot Oil: Why Gold and Silver Couldn’t Rally

The week ending July 17 extended the correction to a fourth consecutive weekly decline. What made the move notable was not the size of the loss (both metals gave back most or all of the July 3 recovery) but the character of the weekly path. On Tuesday July 14, the US June CPI came in cooler than expected, and the initial reaction was gold-positive. That rally faded within 24 hours, and by Friday both metals were at multi-month lows. The

Read More »

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BDB Leadership Series Discusses Future of G&J Sector

Mumbai: The second edition of the Bharat Diamond Bourse (BDB) Leadership Series themed ‘Polishing Our Future’ concluded successfully with world renowned speakers attending the preparatory conference for the Gem and Jewellery Industry members. This was the third day of the three-day conference, the first two days dedicated to presentation of research papers by globally acclaimed scientists under the AGDRT (Advances

Read More »

Forevermark Diamond Jewellery Launched in India

New Delhi: Forevermark Diamond Jewellery from De Beers Group, the world’s leading diamond company, officially launched as a jewellery brand yesterday. India becomes the lead market for the Forevermark brand with a landmark brand debut and flagship store opening in New Delhi. The opening of the flagship New Delhi store marks a significant milestone in Forevermark’s journey of bringing its

Read More »

0% U.S. Import Tariff for EU-Polished Diamonds 

Antwerp: Thanks to intensive negotiations, the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, has succeeded in securing a zero percent import tariff for natural polished diamonds under the trade agreement between the European Commission and the United States. This exemption is part of a U.S. executive order, effective retroactively as of Monday, September 1,

Read More »

GSI Launches State-of-Art Lab in Kolkata

Kolkata: Gemological Science International (GSI) proudly announced the official launch of its laboratory in Kolkata, marking a significant milestone in the company’s commitment to providing world-class gemological services to one of the leading jewellery manufacturing hubs of India. The event, which was attended by prominent industry leaders and luminaries, received an overwhelming outpouring of support and enthusiasm, further solidifying GSI’s

Read More »

BDB Leadership Series Discusses Future of G&J Sector

Mumbai: The second edition of the Bharat Diamond Bourse (BDB) Leadership Series themed ‘Polishing Our Future’ concluded successfully with world renowned speakers attending the preparatory conference for the Gem and Jewellery Industry members. This was the third day of the three-day conference, the first two days dedicated to presentation of research papers by globally acclaimed scientists under the AGDRT (Advances

Read More »

Forevermark Diamond Jewellery Launched in India

New Delhi: Forevermark Diamond Jewellery from De Beers Group, the world’s leading diamond company, officially launched as a jewellery brand yesterday. India becomes the lead market for the Forevermark brand with a landmark brand debut and flagship store opening in New Delhi. The opening of the flagship New Delhi store marks a significant milestone in Forevermark’s journey of bringing its

Read More »

0% U.S. Import Tariff for EU-Polished Diamonds 

Antwerp: Thanks to intensive negotiations, the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, has succeeded in securing a zero percent import tariff for natural polished diamonds under the trade agreement between the European Commission and the United States. This exemption is part of a U.S. executive order, effective retroactively as of Monday, September 1,

Read More »

GSI Launches State-of-Art Lab in Kolkata

Kolkata: Gemological Science International (GSI) proudly announced the official launch of its laboratory in Kolkata, marking a significant milestone in the company’s commitment to providing world-class gemological services to one of the leading jewellery manufacturing hubs of India. The event, which was attended by prominent industry leaders and luminaries, received an overwhelming outpouring of support and enthusiasm, further solidifying GSI’s

Read More »

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