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
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S&P Sees Negative Outlook for Botswana
Gaborone: Standard & Poor’s (S&P) affirmed Botswana’s credit rating and gave the country a negative outlook, reflecting the risks over the next 12 to 18 months if the current diamond-sector slump proves more structural than cyclical in nature. The agency said it maintained its ‘A-/A-2’ long and short-term foreign and local currency sovereign credit ratings for the country. Even so,
Ali Pastorini Elected Presi. of Mujeres Brillantes
Bogota: The Second meeting of Latin America’s Mujeres Brillantes, (Woman Jewelers of Latin America) hosted by Cluster de Joyeria y Bisuteria de la Camara de Comercio de Bogota (Chamber of Commerce of Bogota) and took place at it’s headquarters in Bogota, Colombia, where additional 44 members attended the meeting. Established 4 months ago in Panama City, Panama the association has
Platinum Jewellery Leading the Trend: ASSOCHAM
Mumbai: Diamond studded or platinum jewellery is leading the trend this Diwali on the back of growing change in the mindset of women, particularly those working, away from their important role of homemakers, who take jewellery more as a daily wearable than buying gold as an investment avenue, an Associated Chambers of Commerce of India (ASSOCHAM) survey based on jewellers’
BrilliANT to Restore WFDB InterBourse Concept
Antwerp: Ten years after it debuted at the Iberjoya Jewellery Fair in Madrid, there will be a World Federation of Diamond Bourses (WFDB) ‘InterBourse’ pavilion at the eighth edition of BrilliANT, the Antwerp Diamond Trade Fair (ADTF). The WFDB Interbourse pavilion, which will accommodate members of visiting bourses in a ‘trading hall’ type set up, will be able to host
S&P Sees Negative Outlook for Botswana
Gaborone: Standard & Poor’s (S&P) affirmed Botswana’s credit rating and gave the country a negative outlook, reflecting the risks over the next 12 to 18 months if the current diamond-sector slump proves more structural than cyclical in nature. The agency said it maintained its ‘A-/A-2’ long and short-term foreign and local currency sovereign credit ratings for the country. Even so,
Ali Pastorini Elected Presi. of Mujeres Brillantes
Bogota: The Second meeting of Latin America’s Mujeres Brillantes, (Woman Jewelers of Latin America) hosted by Cluster de Joyeria y Bisuteria de la Camara de Comercio de Bogota (Chamber of Commerce of Bogota) and took place at it’s headquarters in Bogota, Colombia, where additional 44 members attended the meeting. Established 4 months ago in Panama City, Panama the association has
Platinum Jewellery Leading the Trend: ASSOCHAM
Mumbai: Diamond studded or platinum jewellery is leading the trend this Diwali on the back of growing change in the mindset of women, particularly those working, away from their important role of homemakers, who take jewellery more as a daily wearable than buying gold as an investment avenue, an Associated Chambers of Commerce of India (ASSOCHAM) survey based on jewellers’
BrilliANT to Restore WFDB InterBourse Concept
Antwerp: Ten years after it debuted at the Iberjoya Jewellery Fair in Madrid, there will be a World Federation of Diamond Bourses (WFDB) ‘InterBourse’ pavilion at the eighth edition of BrilliANT, the Antwerp Diamond Trade Fair (ADTF). The WFDB Interbourse pavilion, which will accommodate members of visiting bourses in a ‘trading hall’ type set up, will be able to host
