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 »

Top News

Lucapa Production Jumped 147% in Q4

Perth: Lucapa Diamond Company Limited posted a 147-percent jump on the year in production in the December quarter. The Lulo mine, in which Lucapa has a 40-percent stake, produced 5,313 carats and achieved its highest quarterly production during the Angolan wet season, Lucapa and its partners said in a statement. The company sold two parcels of diamonds from Lulo totaling

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Evara Gets Brand of The Year 2016-17 Award

Mumbai: ‘Platinum EVARA’, the bridal jewellery collection has now been bestowed with the “BRAND OF THE YEAR 2016-17 – THE EMERGING NO.1 IN THE JEWELLERY CATEGORY” award, at the Pride of India awards recently held in Mumbai. The brand was felicitated with this honor by the World Consulting and Research Company (WCRC), which is Asia’s leading research and consulting firm.

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Second Seminar on Demonetization in Surat

Surat: The Gem & Jewellery Export Promotion Council (GJEPC), Surat organised a seminar on ‘Demonetization and Opportunities for G & J Sector’ on Jan 3, 2017. The seminar, which was the second on the theme held by GJEPC in the city, saw a large turnout of diamantaires, especially many of the smaller manufacturers who are facing problems as a result

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Researchers Grow Needle-Like Diamonds

Moscow: Physicists from the Lomonosov Moscow State University have obtained micrometer-sized diamond crystals in the form of a regular pyramid. In cooperation with co-workers from other Russian and foreign research centers, they have also studied the luminescence and electron emission properties of these diamond crystals. The research results have been published in a series of articles in journals including Scientific

Read More »

Lucapa Production Jumped 147% in Q4

Perth: Lucapa Diamond Company Limited posted a 147-percent jump on the year in production in the December quarter. The Lulo mine, in which Lucapa has a 40-percent stake, produced 5,313 carats and achieved its highest quarterly production during the Angolan wet season, Lucapa and its partners said in a statement. The company sold two parcels of diamonds from Lulo totaling

Read More »

Evara Gets Brand of The Year 2016-17 Award

Mumbai: ‘Platinum EVARA’, the bridal jewellery collection has now been bestowed with the “BRAND OF THE YEAR 2016-17 – THE EMERGING NO.1 IN THE JEWELLERY CATEGORY” award, at the Pride of India awards recently held in Mumbai. The brand was felicitated with this honor by the World Consulting and Research Company (WCRC), which is Asia’s leading research and consulting firm.

Read More »

Second Seminar on Demonetization in Surat

Surat: The Gem & Jewellery Export Promotion Council (GJEPC), Surat organised a seminar on ‘Demonetization and Opportunities for G & J Sector’ on Jan 3, 2017. The seminar, which was the second on the theme held by GJEPC in the city, saw a large turnout of diamantaires, especially many of the smaller manufacturers who are facing problems as a result

Read More »

Researchers Grow Needle-Like Diamonds

Moscow: Physicists from the Lomonosov Moscow State University have obtained micrometer-sized diamond crystals in the form of a regular pyramid. In cooperation with co-workers from other Russian and foreign research centers, they have also studied the luminescence and electron emission properties of these diamond crystals. The research results have been published in a series of articles in journals including Scientific

Read More »

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