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The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,

The Selloff Deepens, but Demand is Answering: Are Gold-Silver Nearing a Floor?
Macro Snapshot: Two events defined the week ending June 12. On Monday June 9, White House officials indicated that US-Iran nuclear negotiations were making positive progress; oil prices dropped immediately, with WTI crude falling approximately 4% to $87.61 and Brent losing 3.5% to $90.92. Then on Tuesday June 10, the Bureau of Labor Statistics released the May CPI: headline inflation accelerated to 4.2% year-on-year, the highest reading since April 2023, up from 3.8% in April. The monthly increase was 0.5%,
Top News

Rio Tinto’s Rare Coloured Diamonds Showcased
Hong Kong: Rio Tinto’s spectacular 2016 Argyle Pink Diamonds Tender is being showcased in Hong Kong against the backdrop of the annual Hong Kong Watch and Jewellery Fair. The 2016 Tender collection is an unprecedented spectrum of colour, size and clarity, a truly magnificent collection of 63 one of a kind diamonds. The centerpiece of the collection, The Argyle Violet,

NDT Produces Record-Breaking Synthetic Blue
Moscow: Russian company New Diamond Technology (NDT) announced it has produced a new blue diamond that it calls the world’s largest lab-grown blue diamond, more than twice the size of its prior notable blue stone, reports JCK. The “world’s largest lab-grown blue diamond” is a 10.07 ct. fancy deep blue SI Asscher cut. Its IGI grading report can be seen

Reena Ahluwalia Collaborates with Aaron Shum
Hong Kong: Canadian jewellery designer and painter Ms. Reena Ahluwalia has collaborated with Hong Kong-based Aaron Shum Jewelry, which headlines its brand with its patented Coronet diamond-set jewellery, to unveil a painting of a Coronet piece on September 15 at the Hong Kong Jewellery show. Aaron Shum is delighted to collaborate with acclaimed jewelry designer and diamond painter Reena Ahluwalia

Somnath Trust to Deposit 6 Kg. Gold under GMS
New Delhi: The Somnath Trust, which met here on Saturday, decided to deposit about 6 kg. gold under the government’s Gold Monetization Scheme (GMS), reports Financial Express. “Glad that Somnath Trust decided to deposit about 6 kg gold under Gold Monetization Scheme of Government of India,” Prime Minister Narendra Modi, who attended the meeting, tweeted. The Board of Trustees met

Rio Tinto’s Rare Coloured Diamonds Showcased
Hong Kong: Rio Tinto’s spectacular 2016 Argyle Pink Diamonds Tender is being showcased in Hong Kong against the backdrop of the annual Hong Kong Watch and Jewellery Fair. The 2016 Tender collection is an unprecedented spectrum of colour, size and clarity, a truly magnificent collection of 63 one of a kind diamonds. The centerpiece of the collection, The Argyle Violet,

NDT Produces Record-Breaking Synthetic Blue
Moscow: Russian company New Diamond Technology (NDT) announced it has produced a new blue diamond that it calls the world’s largest lab-grown blue diamond, more than twice the size of its prior notable blue stone, reports JCK. The “world’s largest lab-grown blue diamond” is a 10.07 ct. fancy deep blue SI Asscher cut. Its IGI grading report can be seen

Reena Ahluwalia Collaborates with Aaron Shum
Hong Kong: Canadian jewellery designer and painter Ms. Reena Ahluwalia has collaborated with Hong Kong-based Aaron Shum Jewelry, which headlines its brand with its patented Coronet diamond-set jewellery, to unveil a painting of a Coronet piece on September 15 at the Hong Kong Jewellery show. Aaron Shum is delighted to collaborate with acclaimed jewelry designer and diamond painter Reena Ahluwalia

Somnath Trust to Deposit 6 Kg. Gold under GMS
New Delhi: The Somnath Trust, which met here on Saturday, decided to deposit about 6 kg. gold under the government’s Gold Monetization Scheme (GMS), reports Financial Express. “Glad that Somnath Trust decided to deposit about 6 kg gold under Gold Monetization Scheme of Government of India,” Prime Minister Narendra Modi, who attended the meeting, tweeted. The Board of Trustees met