Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
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
Poor Pay in India’s Gem Trade: ASSOCHAM
New Delhi: Salaries in India’s gem and jewellery sector are half of those in other industries, according to a report that highlights a labor shortage driven by rock-bottom pay and dangerous working conditions. Workers in the industry earn an average of $3,740 (INR 252,000) per year, according to a study by the Associated Chambers of Commerce & Industry of India
New Technic to Produce Artificial Diamonds
Moscow: Experts of the Institute of Solid State Chemistry and Mechanochemistry (ISSCM) of the Siberian Branch of the Russian Academy of Sciences (SB RAS) have developed a technique to produce artificial diamonds, which permits to make them a thousand times faster, much faster than the methods used today. The news was broken to reporters by Boris Tolochko, Senior Research Fellow,
Rough Prices Declining: ABN AMRO
Amsterdam: Rough diamond prices are likely to fall because of sluggish consumer demand for jewelry, according to a report from ABN AMRO. A surge in the Composite Rough Diamond Index so far this year is not sustainable and may have been motivated by traders’ opportunistic behavior, Georgette Boele, the bank’s coordinator of FX and precious metals strategy, said in a
Laboratory Grown Diamond Sales Triple
New York: NPD Group, a well-recognized market research firm releases findings from its recent project ‘Diamond Tracker’, which gathers data from a representative cross section of U.S. Speciality jewellers, 3950 doors in total. The study shares interesting data about how lab-grown diamonds are selling at retail, Madestones reported. The percentage of total sales of laboratory grown diamonds has tripled from
Poor Pay in India’s Gem Trade: ASSOCHAM
New Delhi: Salaries in India’s gem and jewellery sector are half of those in other industries, according to a report that highlights a labor shortage driven by rock-bottom pay and dangerous working conditions. Workers in the industry earn an average of $3,740 (INR 252,000) per year, according to a study by the Associated Chambers of Commerce & Industry of India
New Technic to Produce Artificial Diamonds
Moscow: Experts of the Institute of Solid State Chemistry and Mechanochemistry (ISSCM) of the Siberian Branch of the Russian Academy of Sciences (SB RAS) have developed a technique to produce artificial diamonds, which permits to make them a thousand times faster, much faster than the methods used today. The news was broken to reporters by Boris Tolochko, Senior Research Fellow,
Rough Prices Declining: ABN AMRO
Amsterdam: Rough diamond prices are likely to fall because of sluggish consumer demand for jewelry, according to a report from ABN AMRO. A surge in the Composite Rough Diamond Index so far this year is not sustainable and may have been motivated by traders’ opportunistic behavior, Georgette Boele, the bank’s coordinator of FX and precious metals strategy, said in a
Laboratory Grown Diamond Sales Triple
New York: NPD Group, a well-recognized market research firm releases findings from its recent project ‘Diamond Tracker’, which gathers data from a representative cross section of U.S. Speciality jewellers, 3950 doors in total. The study shares interesting data about how lab-grown diamonds are selling at retail, Madestones reported. The percentage of total sales of laboratory grown diamonds has tripled from
