The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?

Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move

Read More »

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

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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

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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

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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, 

Read More »

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

Read More »

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

Read More »

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

Read More »

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, 

Read More »

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