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.

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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.

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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