The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

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The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

Read More »

Top News

ALROSA Joins Responsible Jewellery Council

Moscow: ALROSA, the world leader in diamond mining, has become a member of the Responsible Jewellery Council (RJC) since 11 August 2016, declared RJC in a press release. “Consumers around the world are giving great importance to the origin of diamonds in jewelry. We believe it is important to demonstrate to the consumer that diamond mining is a socially responsible

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Excelsior to Provide Liquidity to G&J Industry

New York: Excelsior Capital Ventures (ECV) LLC, announced today that it will be making substantial liquidity available to the mid-stream diamond and jewelry industry. The New York based firm, founded by industry leader Nehal Modi, said it expects to begin lending operations on October 3, 2016 and will provide loans secured by diamond and precious metal inventories. In making the

Read More »

DEF Grants Educational Funding in India, DRC

Mumbai: The Diamond Empowerment Fund (DEF) announced two new grants totaling $130,000 to educational institutions in India and the Democratic Republic of Congo (DRC). The DEF and its board approved a $100,000 award to Veerayatan, marking the second consecutive year that the fund has given financial backing to the organization. Veerayatan was the first educational institution in India to receive

Read More »

Fancy Color Diamond Prices Rise Slightly in Q2

New York: According to data collected and analyzed by the Fancy Color Research Foundation (FCRF), fancy color diamond prices edged up in the period between April and June 2016, after a relatively soft first quarter. Overall, price performance during Q2 was broadly in line with long-term trends in which continued demand-driven price increases for pink and blue fancy color diamonds

Read More »

ALROSA Joins Responsible Jewellery Council

Moscow: ALROSA, the world leader in diamond mining, has become a member of the Responsible Jewellery Council (RJC) since 11 August 2016, declared RJC in a press release. “Consumers around the world are giving great importance to the origin of diamonds in jewelry. We believe it is important to demonstrate to the consumer that diamond mining is a socially responsible

Read More »

Excelsior to Provide Liquidity to G&J Industry

New York: Excelsior Capital Ventures (ECV) LLC, announced today that it will be making substantial liquidity available to the mid-stream diamond and jewelry industry. The New York based firm, founded by industry leader Nehal Modi, said it expects to begin lending operations on October 3, 2016 and will provide loans secured by diamond and precious metal inventories. In making the

Read More »

DEF Grants Educational Funding in India, DRC

Mumbai: The Diamond Empowerment Fund (DEF) announced two new grants totaling $130,000 to educational institutions in India and the Democratic Republic of Congo (DRC). The DEF and its board approved a $100,000 award to Veerayatan, marking the second consecutive year that the fund has given financial backing to the organization. Veerayatan was the first educational institution in India to receive

Read More »

Fancy Color Diamond Prices Rise Slightly in Q2

New York: According to data collected and analyzed by the Fancy Color Research Foundation (FCRF), fancy color diamond prices edged up in the period between April and June 2016, after a relatively soft first quarter. Overall, price performance during Q2 was broadly in line with long-term trends in which continued demand-driven price increases for pink and blue fancy color diamonds

Read More »

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