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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CIBJO Congress concludes in Yerevan, Armenia

Milan: CIBJO, the World Jewellery Confederation, wrapped up its 2016 congress in Yerevan, Armenia, on Friday, October 28, after five intensive days of discussions on a wide-ranging set of issues facing the gemstone and jewellery industry, and sessions of its specialized commissions covering the diamond, coloured stone, pearl, coral, precious metals and gemmological laboratory sectors, as well as ethics, marketing

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S&P Sees Negative Outlook for Botswana

Gaborone: Standard & Poor’s (S&P) affirmed Botswana’s credit rating and gave the country a negative outlook, reflecting the risks over the next 12 to 18 months if the current diamond-sector slump proves more structural than cyclical in nature. The agency said it maintained its ‘A-­/A-­2’ long­ and short-­term foreign and local currency sovereign credit ratings for the country. Even so,

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Ali Pastorini Elected Presi. of Mujeres Brillantes

Bogota: The Second meeting of Latin America’s Mujeres Brillantes, (Woman Jewelers of Latin America) hosted by Cluster de Joyeria y Bisuteria de la Camara de Comercio de Bogota (Chamber of Commerce of Bogota) and took place at it’s headquarters in Bogota, Colombia, where additional 44 members attended the meeting. Established 4 months ago in Panama City, Panama the association has

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Platinum Jewellery Leading the Trend: ASSOCHAM

Mumbai: Diamond studded or platinum jewellery is leading the trend this Diwali on the back of growing change in the mindset of women, particularly those working, away from their important role of homemakers, who take jewellery more as a daily wearable than buying gold as an investment avenue, an Associated Chambers of Commerce of India (ASSOCHAM) survey based on jewellers’

Read More »

CIBJO Congress concludes in Yerevan, Armenia

Milan: CIBJO, the World Jewellery Confederation, wrapped up its 2016 congress in Yerevan, Armenia, on Friday, October 28, after five intensive days of discussions on a wide-ranging set of issues facing the gemstone and jewellery industry, and sessions of its specialized commissions covering the diamond, coloured stone, pearl, coral, precious metals and gemmological laboratory sectors, as well as ethics, marketing

Read More »

S&P Sees Negative Outlook for Botswana

Gaborone: Standard & Poor’s (S&P) affirmed Botswana’s credit rating and gave the country a negative outlook, reflecting the risks over the next 12 to 18 months if the current diamond-sector slump proves more structural than cyclical in nature. The agency said it maintained its ‘A-­/A-­2’ long­ and short-­term foreign and local currency sovereign credit ratings for the country. Even so,

Read More »

Ali Pastorini Elected Presi. of Mujeres Brillantes

Bogota: The Second meeting of Latin America’s Mujeres Brillantes, (Woman Jewelers of Latin America) hosted by Cluster de Joyeria y Bisuteria de la Camara de Comercio de Bogota (Chamber of Commerce of Bogota) and took place at it’s headquarters in Bogota, Colombia, where additional 44 members attended the meeting. Established 4 months ago in Panama City, Panama the association has

Read More »

Platinum Jewellery Leading the Trend: ASSOCHAM

Mumbai: Diamond studded or platinum jewellery is leading the trend this Diwali on the back of growing change in the mindset of women, particularly those working, away from their important role of homemakers, who take jewellery more as a daily wearable than buying gold as an investment avenue, an Associated Chambers of Commerce of India (ASSOCHAM) survey based on jewellers’

Read More »

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