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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GJEPC’s MyKYCBank to Hold Training Sessions

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), had, some time back launched MyKYCBank.com for the benefit of the industry. The GJEPC is now holding training sessions for representatives (who are typically involved in the KYC process) of participating member companies. These sessions are planned to be held twice a week – every Tuesday and Thursday at 4.00 pm

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KP Chair Ahmed Bin Sulayem Honoured by DDC

New York: Kimberley Process (KP) Chair Ahmed Bin Sulayem has been honoured by the Diamond Dealers Club (DDC) of New York for contributions to supporting the sustainable growth of the global diamond industry. During an official visit to the United States, the accolade was presented to Bin Sulayem by Reuven Kaufman, President of the DDC, and Eli Izhakoff, Honorary President

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U.S. Consumer Confidence Highest in 13 Years

New York: Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, writes Bloomberg based on a report from the Conference Board, a New-York based independent business membership and research association working in the public interest. The Conference Board Consumer Confidence

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Dates for 10th Signature IIJS Rescheduled Again

Mumbai:  The 10th edition of Signature IIJS 2017 is all set to unveil the most coveted premium jewellery and kick-start the new buying season from 6th (Monday) – 9th (Thursday) February, 2017 at Bombay Exhibition Centre, Goregaon. The 4th edition of India Gem & Jewellery Machinery Expo (IGJME) – one of the leading gem and jewellery (G&J) technology fairs – will be held in conjunction

Read More »

GJEPC’s MyKYCBank to Hold Training Sessions

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), had, some time back launched MyKYCBank.com for the benefit of the industry. The GJEPC is now holding training sessions for representatives (who are typically involved in the KYC process) of participating member companies. These sessions are planned to be held twice a week – every Tuesday and Thursday at 4.00 pm

Read More »

KP Chair Ahmed Bin Sulayem Honoured by DDC

New York: Kimberley Process (KP) Chair Ahmed Bin Sulayem has been honoured by the Diamond Dealers Club (DDC) of New York for contributions to supporting the sustainable growth of the global diamond industry. During an official visit to the United States, the accolade was presented to Bin Sulayem by Reuven Kaufman, President of the DDC, and Eli Izhakoff, Honorary President

Read More »

U.S. Consumer Confidence Highest in 13 Years

New York: Consumer confidence climbed in December to the highest level since August 2001 as Americans were more upbeat about the outlook than at any time in the last 13 years, writes Bloomberg based on a report from the Conference Board, a New-York based independent business membership and research association working in the public interest. The Conference Board Consumer Confidence

Read More »

Dates for 10th Signature IIJS Rescheduled Again

Mumbai:  The 10th edition of Signature IIJS 2017 is all set to unveil the most coveted premium jewellery and kick-start the new buying season from 6th (Monday) – 9th (Thursday) February, 2017 at Bombay Exhibition Centre, Goregaon. The 4th edition of India Gem & Jewellery Machinery Expo (IGJME) – one of the leading gem and jewellery (G&J) technology fairs – will be held in conjunction

Read More »

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