The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

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The Triangle Breaks Down: Both Metals Exit Consolidation to the Downside

This week (ended on 24th April, 2026) saw both gold and silver give back a meaningful portion of their recent gains, with the global macro backdrop supplying clear headwinds on multiple fronts simultaneously. The primary driver was the interplay between a rebounding US dollar, persistently elevated inflation expectations, and rising uncertainty around the FOMC meeting on April 28-29 — Powell’s final meeting as Fed chair before Kevin Warsh takes over on May 15. Metal This Week (Apr 24) Last Week

Read More »

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Leaders Discuss Issues in World Diamond Congress

Day 2: Antwerp: The topic of financing, which is crucial to diamond manufacturers and traders, was discussed in great depth on the second day of the 37th World Diamond Congress in Dubai on Wednesday. The issue of funding for the diamond sector was addressed with transparency and sustainability in mind, two of the themes of the Congress along with responsibility.

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Anglo American to Keep De Beers' Diamonds

Gaborone: After posting a $5.6 billion loss for 2015 as a global rout in commodity prices punished the costly mines it operates around the world, mining giant Anglo American (AA) entered a drastic restructuring phase intended to reduce its total number of mining operations from 45 to 16, but it is holding onto De Beers. “Mining group Anglo American,” writes

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US Jewellery Sales Rose 4.9% in Q1 2016

New York: Based on preliminary data from the US Department of Commerce, IDEX reports that total sales of fine jewellery and watches in the US market rose by a solid 4.2% in March when compared to March 2015, leading to a 4.9% overall increase US sales of fine jewelry during the first quarter of 2016, rising to $16.8 billion compared

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India's SGB to Become More Investor Friendly

New Delhi: The Indian government, in consultations with banks and the Reserve Bank (RBI), is finalizing a fourth tranche of sovereign gold bonds (SGB), reports Business Standard. This one is expected to be more investor-friendly and options under consideration include selling bonds also through a stock exchange, via an offer for sale (OFS), where member-brokers can put orders on behalf

Read More »

Leaders Discuss Issues in World Diamond Congress

Day 2: Antwerp: The topic of financing, which is crucial to diamond manufacturers and traders, was discussed in great depth on the second day of the 37th World Diamond Congress in Dubai on Wednesday. The issue of funding for the diamond sector was addressed with transparency and sustainability in mind, two of the themes of the Congress along with responsibility.

Read More »

Anglo American to Keep De Beers' Diamonds

Gaborone: After posting a $5.6 billion loss for 2015 as a global rout in commodity prices punished the costly mines it operates around the world, mining giant Anglo American (AA) entered a drastic restructuring phase intended to reduce its total number of mining operations from 45 to 16, but it is holding onto De Beers. “Mining group Anglo American,” writes

Read More »

US Jewellery Sales Rose 4.9% in Q1 2016

New York: Based on preliminary data from the US Department of Commerce, IDEX reports that total sales of fine jewellery and watches in the US market rose by a solid 4.2% in March when compared to March 2015, leading to a 4.9% overall increase US sales of fine jewelry during the first quarter of 2016, rising to $16.8 billion compared

Read More »

India's SGB to Become More Investor Friendly

New Delhi: The Indian government, in consultations with banks and the Reserve Bank (RBI), is finalizing a fourth tranche of sovereign gold bonds (SGB), reports Business Standard. This one is expected to be more investor-friendly and options under consideration include selling bonds also through a stock exchange, via an offer for sale (OFS), where member-brokers can put orders on behalf

Read More »

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