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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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

Read More »

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PNG Jewellers Inaugurates Science Lab

Mumbai: Parag Gadgil, Executive Director, PNG Jewellers along with other dignitaries inaugurated science labs in the Secondary school of the Ajivali village in Mawal taluka of Pune District on 6th January, 2017. Additionally, PNG Jewellers has also constructed toilets for the primary school in Shillim village. The corporate social responsibility initiative by PNG Jewellers Pvt Ltd was started last year

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IBJA Wishes 'Select' Hallmarking of Silver

Mumbai: India Bullion & Jewellers Association (IBJA) is writing to the consumer affairs ministry about allowing hallmarking in silver of only certain purity, as in gold, to prevent customers from being duped by wily silver jewellers and dealers. “Ignorance among silver buyers is great and that’s being used to the hilt by certain unscrupulous elements within the trade,” said Surendra

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GJEPC Delegation Meets Commerce Minister

Mumbai: A delegation of The Gem & Jewellery Export Promotion Council’s (GJEPC) Southern Region met India’s Minister of State for Commerce & Industry Smt. Nirmala Sitharaman, while the Minister was on a visit to Mangaluru recently. The meeting was held to explore ways and means of further developing the gems and jewellery industry in the region. During the discussion, the

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Signature IIJS to Run Alongside WFDB Meet

Mumbai: The Signature IIJS jewellery show will take place in Mumbai from February 6 to 9, coinciding with the World Federation of Diamond Bourses (WFDB) presidents’ meeting. The 10th edition of Signature IIJS will be held at the Bombay Exhibition Centre in Goregaon, a suburb of Mumbai. More than 550 exhibitors and 13,000 visitors are expected to attend, India’s Gem

Read More »

PNG Jewellers Inaugurates Science Lab

Mumbai: Parag Gadgil, Executive Director, PNG Jewellers along with other dignitaries inaugurated science labs in the Secondary school of the Ajivali village in Mawal taluka of Pune District on 6th January, 2017. Additionally, PNG Jewellers has also constructed toilets for the primary school in Shillim village. The corporate social responsibility initiative by PNG Jewellers Pvt Ltd was started last year

Read More »

IBJA Wishes 'Select' Hallmarking of Silver

Mumbai: India Bullion & Jewellers Association (IBJA) is writing to the consumer affairs ministry about allowing hallmarking in silver of only certain purity, as in gold, to prevent customers from being duped by wily silver jewellers and dealers. “Ignorance among silver buyers is great and that’s being used to the hilt by certain unscrupulous elements within the trade,” said Surendra

Read More »

GJEPC Delegation Meets Commerce Minister

Mumbai: A delegation of The Gem & Jewellery Export Promotion Council’s (GJEPC) Southern Region met India’s Minister of State for Commerce & Industry Smt. Nirmala Sitharaman, while the Minister was on a visit to Mangaluru recently. The meeting was held to explore ways and means of further developing the gems and jewellery industry in the region. During the discussion, the

Read More »

Signature IIJS to Run Alongside WFDB Meet

Mumbai: The Signature IIJS jewellery show will take place in Mumbai from February 6 to 9, coinciding with the World Federation of Diamond Bourses (WFDB) presidents’ meeting. The 10th edition of Signature IIJS will be held at the Bombay Exhibition Centre in Goregaon, a suburb of Mumbai. More than 550 exhibitors and 13,000 visitors are expected to attend, India’s Gem

Read More »

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