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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Platinum Evara Introduces Light Weight Collection

Mumbai: Platinum EVARA introduces a new collection for the modern bride and groom. Modern brides are looking for jewellery which is wearable, with unique designs and has a deeper meaning. Taking a cue from this Platinum Evara has launched an exquisitely crafted, light weight range of wedding jewellery within Rs. 2,00,000. Platinum Evara has a deeply rooted meaning in Sanskrit

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Gemfields’ Profit Nearly Doubled to $23.5m

London: Gemfields’ net profit nearly doubled to $23.5m (£18.2m) in the year ended 30 June 2016, up from $12.3m in 2015. This came as the firm’s revenue rose 13 per cent to $193.1m during this period, up from $171.4m a year earlier. Production at Gemfields’ flagship Kagem emerald mine in Zambia held steady at 30m carats, while output its ruby

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BrilliAnt Now Open for Foreign Exhibitors Also

Antwerp: The Antwerp Diamond Bourse, The Antwerp Diamond Club, The Antwerp Diamond Kring and the Antwerp World Diamond Centre (AWDC) have announced that BrilliAnt®, the eighth edition of the Antwerp Diamond Trade Fair (ADTF January 29-31, 2017), is opening its doors to international exhibitors. The trading hall of the Kring, Antwerp’s rough diamond trading bourse, will host foreign exhibitors (not

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Lucapa Finds Large Diamond of 172 Carats

Perth: Just a week after finding a 104-carat Type IIa, D-color diamond which was the fourth stone over 100 carats discovered this year, Lucapa Diamond Co. Ltd., an ASX-listed Australian company based in Perth, has uncovered an even bigger exceptional diamond from its Lulo Project in Angola. Lucapa said it unearthed 172.67-carat Type IIa, D-color stone. It is the fifth

Read More »

Platinum Evara Introduces Light Weight Collection

Mumbai: Platinum EVARA introduces a new collection for the modern bride and groom. Modern brides are looking for jewellery which is wearable, with unique designs and has a deeper meaning. Taking a cue from this Platinum Evara has launched an exquisitely crafted, light weight range of wedding jewellery within Rs. 2,00,000. Platinum Evara has a deeply rooted meaning in Sanskrit

Read More »

Gemfields’ Profit Nearly Doubled to $23.5m

London: Gemfields’ net profit nearly doubled to $23.5m (£18.2m) in the year ended 30 June 2016, up from $12.3m in 2015. This came as the firm’s revenue rose 13 per cent to $193.1m during this period, up from $171.4m a year earlier. Production at Gemfields’ flagship Kagem emerald mine in Zambia held steady at 30m carats, while output its ruby

Read More »

BrilliAnt Now Open for Foreign Exhibitors Also

Antwerp: The Antwerp Diamond Bourse, The Antwerp Diamond Club, The Antwerp Diamond Kring and the Antwerp World Diamond Centre (AWDC) have announced that BrilliAnt®, the eighth edition of the Antwerp Diamond Trade Fair (ADTF January 29-31, 2017), is opening its doors to international exhibitors. The trading hall of the Kring, Antwerp’s rough diamond trading bourse, will host foreign exhibitors (not

Read More »

Lucapa Finds Large Diamond of 172 Carats

Perth: Just a week after finding a 104-carat Type IIa, D-color diamond which was the fourth stone over 100 carats discovered this year, Lucapa Diamond Co. Ltd., an ASX-listed Australian company based in Perth, has uncovered an even bigger exceptional diamond from its Lulo Project in Angola. Lucapa said it unearthed 172.67-carat Type IIa, D-color stone. It is the fifth

Read More »

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