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%,

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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%,

Read More »

Top News

Need to change Tactics for Next Consumer Gen.

Vicenza: Arguably the most substantial reconsideration in recent decades of the way in which diamond jewellery should promoted and sold was the focus of a seminar held September 4, 2016, the second day of the VICENZAORO September trade fair in Vicenza, Italy. Entitled “The Challenge of Marketing to Millennials: The Next Great Consumer Generation,” the event was co-organized by CIBJO

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Indian Govt. to Set up Gem Certifying Labs

New Delhi: To weed out fakes precious gemstones, the government has begun a process similar to hallmarking of gold which it says will help reinforce consumer confidence in Indian gems and jewellery industry, reports The Economic Times. With no regulation for testing and certifying coloured gemstones and increasing proliferation of online jewellery stores, the commerce department along with industry and

Read More »

Hennig to Offer Polished Tender in Israel

Ramat Gan: I. Hennig Tenders will be tendering a large selection of polished diamonds in collaboration with the Israel Diamond Exchange’s new International Tender Center at its upcoming Polished Diamond Tender. The Tender will offer a wide range of both parcels and single stones in all shapes, qualities and sizes. The Tender will be held in Israel from September 25th

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JCK Las Vegas 2017 Shows Rescheduled

Las Vegas: The JCK and LUXURY shows will have their dates changed for the 2017 editions to enable Jewish exhibitors and visitors to observe the holiday of Shavuot. The festival is observed by several hundred of JCK’s and LUXURY’s customers. LUXURY will open on June 2 and continue through the weekend, while the JCK show opens on June 5 and

Read More »

Need to change Tactics for Next Consumer Gen.

Vicenza: Arguably the most substantial reconsideration in recent decades of the way in which diamond jewellery should promoted and sold was the focus of a seminar held September 4, 2016, the second day of the VICENZAORO September trade fair in Vicenza, Italy. Entitled “The Challenge of Marketing to Millennials: The Next Great Consumer Generation,” the event was co-organized by CIBJO

Read More »

Indian Govt. to Set up Gem Certifying Labs

New Delhi: To weed out fakes precious gemstones, the government has begun a process similar to hallmarking of gold which it says will help reinforce consumer confidence in Indian gems and jewellery industry, reports The Economic Times. With no regulation for testing and certifying coloured gemstones and increasing proliferation of online jewellery stores, the commerce department along with industry and

Read More »

Hennig to Offer Polished Tender in Israel

Ramat Gan: I. Hennig Tenders will be tendering a large selection of polished diamonds in collaboration with the Israel Diamond Exchange’s new International Tender Center at its upcoming Polished Diamond Tender. The Tender will offer a wide range of both parcels and single stones in all shapes, qualities and sizes. The Tender will be held in Israel from September 25th

Read More »

JCK Las Vegas 2017 Shows Rescheduled

Las Vegas: The JCK and LUXURY shows will have their dates changed for the 2017 editions to enable Jewish exhibitors and visitors to observe the holiday of Shavuot. The festival is observed by several hundred of JCK’s and LUXURY’s customers. LUXURY will open on June 2 and continue through the weekend, while the JCK show opens on June 5 and

Read More »

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