We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Hawkish Fed Comments on Inflation Landed Right at Both Metals’ Supply Zones, and the Correction Wrote Itself
Macro Snapshot: The correction in gold and silver during the week ending August 28 was a confluence event. Both metals had rallied into well-defined supply zones (gold at ₹162,000-164,000, silver at ₹244,000-248,000) and were showing early signs of exhaustion. Into that setup, the July PCE release on August 26 came in hot on the headline (3.7% year over year against 3.6% consensus), and Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole address leaned decisively hawkish on inflation. The trigger
Top News
Synthetic Super-Hard Diamond Developed
Mumbai: Scientists have created synthetic diamonds that are harder than the regular ones and may help cut through ultra-solid materials on mining sites. Nano-sized Lonsdaleite is a hexagonal diamond only found in nature at the site of meteorite impacts. “This new diamond is not going to be on any engagement rings. You’ll more likely find it on a mining site
Koin Int'nl to Hold 1st Polished Tender at IDWI
Ramat Gan: Koin International Diamond Tenders will hold its first tender in Israel during the International Diamond Week (IDWI), from February 13 – 16, 2017, in cooperation with the new International Tender Center at the Israeli bourse. Koin specializes in tenders of rough and polished diamonds. Adam Schulman, Koin International CEO, said, “We are delighted to expand our rough and
Indian Cash Crunch Slows De Beers Sales
Gaborone: De Beers revenue from rough diamonds declined sequentially to $418 million in the final sales cycle of the year as tighter liquidity in India hit demand for lower-priced stones. Sales fell 12 percent at last week’s December sight from $476 million in November, the miner reported. They were 69 percent higher than the $248 million recorded a year ago,
First Ever Bilingual Diamond Reports by HRD
Seoul: In the framework of an economic mission to South Korea (Seoul) and China (Shanghai), presided over by Antwerp’s Mayor Bart De Wever, the internationally renowned diamond grading lab HRD Antwerp has announced it will start offering bilingual diamond grading reports with the first reports available in English/Korean and English/Chinese as of February 1, 2017. “The South-Korean market represents great
Synthetic Super-Hard Diamond Developed
Mumbai: Scientists have created synthetic diamonds that are harder than the regular ones and may help cut through ultra-solid materials on mining sites. Nano-sized Lonsdaleite is a hexagonal diamond only found in nature at the site of meteorite impacts. “This new diamond is not going to be on any engagement rings. You’ll more likely find it on a mining site
Koin Int'nl to Hold 1st Polished Tender at IDWI
Ramat Gan: Koin International Diamond Tenders will hold its first tender in Israel during the International Diamond Week (IDWI), from February 13 – 16, 2017, in cooperation with the new International Tender Center at the Israeli bourse. Koin specializes in tenders of rough and polished diamonds. Adam Schulman, Koin International CEO, said, “We are delighted to expand our rough and
Indian Cash Crunch Slows De Beers Sales
Gaborone: De Beers revenue from rough diamonds declined sequentially to $418 million in the final sales cycle of the year as tighter liquidity in India hit demand for lower-priced stones. Sales fell 12 percent at last week’s December sight from $476 million in November, the miner reported. They were 69 percent higher than the $248 million recorded a year ago,
First Ever Bilingual Diamond Reports by HRD
Seoul: In the framework of an economic mission to South Korea (Seoul) and China (Shanghai), presided over by Antwerp’s Mayor Bart De Wever, the internationally renowned diamond grading lab HRD Antwerp has announced it will start offering bilingual diamond grading reports with the first reports available in English/Korean and English/Chinese as of February 1, 2017. “The South-Korean market represents great
