Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The 200-Day Test: Where the Bull Case for Gold and Silver Goes on Trial
Macro Snapshot: The week ending June 26 extended the precious metals selloff to a fifth consecutive week and pushed both gold and silver into the most important long-term technical zone of the broader uptrend: the 200-day exponential moving average. Three macro forces drove the decline, and they did so simultaneously. First, the US-Iran 60-day peace roadmap, formally signed in Switzerland on June 17, continued to remove the geopolitical risk premium that had supported the metals since the February conflict began.
The 200-Day Test: Where the Bull Case for Gold and Silver Goes on Trial
Macro Snapshot: The week ending June 26 extended the precious metals selloff to a fifth consecutive week and pushed both gold and silver into the most important long-term technical zone of the broader uptrend: the 200-day exponential moving average. Three macro forces drove the decline, and they did so simultaneously. First, the US-Iran 60-day peace roadmap, formally signed in Switzerland on June 17, continued to remove the geopolitical risk premium that had supported the metals since the February conflict began.
Top News
HP Gets LBMA Good Delivery Accreditation
Mumbai: Hindustan Platinum (HP), India’s leading manufacturer and refiner of precious metal products with wide and diverse industrial applications, has received Good Delivery Accreditation from the London Bullion Market Association(LBMA), an international apex body for precious metals; for silver bars produced from its HP’s Navi Mumbai refinery. The accreditation ensures that HPs silver bars will be widely accepted and traded
Silver Demand Hits Four-Year Low
Physical silver demand seen at 1,064.60 mln oz, down 9 pct Physical deficit seen at 52.2 mln oz vs 124.0 mln oz GRAPHIC-2016 metal returns: tmsnrt.rs/2eqHKkL London: Physical silver demand hit a four-year low this year as higher prices and weaker consumer sentiment put people off buying jewellery, coins and bars, GFMS analysts at Thomson Reuters predicted on Thursday. A
SSEF to Introduce Chemical Analysis System
Basel: The Swiss Gemmological Institute SSEF has become the first gem laboratory worldwide to introduce into its facility the ground-breaking GemTOF instrument, which conducts chemical analysis through laser ablation, thereby providing more information about the origin of a variety of gems, as well precisely identifying a range of other elements in coloured gemstones, diamonds and pearls. Considered a next-generation elemental
WFDB Reiterates Position on Synthetics
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has reiterated the organisation’s position on the issue of synthetic diamonds, while also emphasising the importance of ensuring artisanal miners are better rewarded. Blom was speaking at panel discussions as part of the Plenary meeting of the Kimberley Process Certification Scheme (KPCS) which is taking place in Dubai, UAE, this
HP Gets LBMA Good Delivery Accreditation
Mumbai: Hindustan Platinum (HP), India’s leading manufacturer and refiner of precious metal products with wide and diverse industrial applications, has received Good Delivery Accreditation from the London Bullion Market Association(LBMA), an international apex body for precious metals; for silver bars produced from its HP’s Navi Mumbai refinery. The accreditation ensures that HPs silver bars will be widely accepted and traded
Silver Demand Hits Four-Year Low
Physical silver demand seen at 1,064.60 mln oz, down 9 pct Physical deficit seen at 52.2 mln oz vs 124.0 mln oz GRAPHIC-2016 metal returns: tmsnrt.rs/2eqHKkL London: Physical silver demand hit a four-year low this year as higher prices and weaker consumer sentiment put people off buying jewellery, coins and bars, GFMS analysts at Thomson Reuters predicted on Thursday. A
SSEF to Introduce Chemical Analysis System
Basel: The Swiss Gemmological Institute SSEF has become the first gem laboratory worldwide to introduce into its facility the ground-breaking GemTOF instrument, which conducts chemical analysis through laser ablation, thereby providing more information about the origin of a variety of gems, as well precisely identifying a range of other elements in coloured gemstones, diamonds and pearls. Considered a next-generation elemental
WFDB Reiterates Position on Synthetics
Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has reiterated the organisation’s position on the issue of synthetic diamonds, while also emphasising the importance of ensuring artisanal miners are better rewarded. Blom was speaking at panel discussions as part of the Plenary meeting of the Kimberley Process Certification Scheme (KPCS) which is taking place in Dubai, UAE, this
