Global Gold City Project Announced
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Should Airlines Ban Carrying Gold in Hand?
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
Diamond Prices to be Flat this Year: ALROSA
Moscow: Alrosa’s CEO Andrey Zharkov believes that diamond prices will be flat this year, according to an Interfax news agency report. Alrosa is basing its budget plan on an assumption that diamond prices will be unchanged, while output will increase by 5 percent on 2016. He said the mining giant may also repay part of its debt ahead of schedule
Bruce Cleaver Highlights Keys to Success
Gaborone: Speaking at a reception for customers of its Global Sightholder Sales business during the first Sight of 2017, Bruce Cleaver, De Beers Group CEO, yesterday highlighted the importance of all parts of the diamond sector working together, following the unpredictable events of a volatile year in 2016. Commenting on the value of different parts of the diamond pipeline finding
India's Polished Diamond Exports Increase in Dec
Mumbai: India’s polished diamond exports were sailing along quite nicely in 2016, having put the significant downturn of 2015 squarely behind and having nearly returned to 2014 and 2013 levels, until the bottom fell out in November as exports dropped 53% from $2.52 billion in October to $1.18 billion in November. According to statistics from the Gem and Jewellery Export
105 Companies Exhibiting at Sparkle
Surat: Southern Gujarat Chamber of Commerce and Industry (SGCCI) has mobilized its resources to ensure that the state government-sponsored Sparkle-2017, a gems and jewellery event, is held successfully here. Amid fear of getting less number of exhibitors, which was less than 50 until last week, the SGCCI’s gems and jewellery committee managed to get 105 exhibitors from Surat, Ahmedabad, Mumbai,
Diamond Prices to be Flat this Year: ALROSA
Moscow: Alrosa’s CEO Andrey Zharkov believes that diamond prices will be flat this year, according to an Interfax news agency report. Alrosa is basing its budget plan on an assumption that diamond prices will be unchanged, while output will increase by 5 percent on 2016. He said the mining giant may also repay part of its debt ahead of schedule
Bruce Cleaver Highlights Keys to Success
Gaborone: Speaking at a reception for customers of its Global Sightholder Sales business during the first Sight of 2017, Bruce Cleaver, De Beers Group CEO, yesterday highlighted the importance of all parts of the diamond sector working together, following the unpredictable events of a volatile year in 2016. Commenting on the value of different parts of the diamond pipeline finding
India's Polished Diamond Exports Increase in Dec
Mumbai: India’s polished diamond exports were sailing along quite nicely in 2016, having put the significant downturn of 2015 squarely behind and having nearly returned to 2014 and 2013 levels, until the bottom fell out in November as exports dropped 53% from $2.52 billion in October to $1.18 billion in November. According to statistics from the Gem and Jewellery Export
105 Companies Exhibiting at Sparkle
Surat: Southern Gujarat Chamber of Commerce and Industry (SGCCI) has mobilized its resources to ensure that the state government-sponsored Sparkle-2017, a gems and jewellery event, is held successfully here. Amid fear of getting less number of exhibitors, which was less than 50 until last week, the SGCCI’s gems and jewellery committee managed to get 105 exhibitors from Surat, Ahmedabad, Mumbai,
