Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
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Platinum is Set to Become the Metal of Choice: Sujala Martis
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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.
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.
Top News
Petra Recovers 138.57 Carat Diamond
Johannesburg: Petra Diamonds recovered a 138.57-carat, D-color, type IIa rough diamond, the latest in a string of large stones found at its Cullinan mine in South Africa. The company said it will offer the diamond at its sale in Johannesburg toward the end of the month. The Cullinan mine is no stranger to large diamonds with recent finds including a
India International Gold Convention from 11th Aug
Agra: Foretell Business Solutions Private Limited is organizing the 13th edition of India International Gold Convention (IIGC) between 11 and 14 August, 2016 at Jaypee Palace Hotel & Convention Centre, Agra, India. India International Gold Convention provides an apt platform for the bullion industry to deliberate on various challenges facing the industry, articulate the possible solutions and set an agenda
Kirit Bhansali Elected as Chairman of IIGJ Mumbai
Mumbai: The Board of Directors of the Indian Institute of the Gems & Jewellery – IIGJ Mumbai, having completed its tenure, has elected a new panel of Directors and Chairman in a meeting held at Indian Institute of Gems & Jewellery, Bagmal Laxmichand Parikh Campus at Andheri East in July end 2016. The newly inducted Directors of the re-enacted Board
WGC, LME and Others to Launch LMEprecious
London: The World Gold Council (WGC) and the London Metal Exchange (LME), together with Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe Generale, have announced their intention to introduce a suite of exchange-traded and centrally-cleared precious metals products. The initiative has been driven by the need for greater market transparency, to support and aid ongoing regulatory change,
Petra Recovers 138.57 Carat Diamond
Johannesburg: Petra Diamonds recovered a 138.57-carat, D-color, type IIa rough diamond, the latest in a string of large stones found at its Cullinan mine in South Africa. The company said it will offer the diamond at its sale in Johannesburg toward the end of the month. The Cullinan mine is no stranger to large diamonds with recent finds including a
India International Gold Convention from 11th Aug
Agra: Foretell Business Solutions Private Limited is organizing the 13th edition of India International Gold Convention (IIGC) between 11 and 14 August, 2016 at Jaypee Palace Hotel & Convention Centre, Agra, India. India International Gold Convention provides an apt platform for the bullion industry to deliberate on various challenges facing the industry, articulate the possible solutions and set an agenda
Kirit Bhansali Elected as Chairman of IIGJ Mumbai
Mumbai: The Board of Directors of the Indian Institute of the Gems & Jewellery – IIGJ Mumbai, having completed its tenure, has elected a new panel of Directors and Chairman in a meeting held at Indian Institute of Gems & Jewellery, Bagmal Laxmichand Parikh Campus at Andheri East in July end 2016. The newly inducted Directors of the re-enacted Board
WGC, LME and Others to Launch LMEprecious
London: The World Gold Council (WGC) and the London Metal Exchange (LME), together with Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe Generale, have announced their intention to introduce a suite of exchange-traded and centrally-cleared precious metals products. The initiative has been driven by the need for greater market transparency, to support and aid ongoing regulatory change,
