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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TBZ Announces Q4 & 2015-16 Results

Mumbai: Tribhovandas Bhimji Zaveri Limited (“TBZ”), India’s renowned and trusted jewellery retailer with a legacy of over 150 years, reported its audited results and financial performance for the fourth quarter and full financial year ending 31st March, 2016. Key Highlights: In Rs crores Q4 FY16 Q4 FY15 % YoY FY16 FY15 % YoY   Total Income from Operations 305.16 463.01

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Rio Tinto’s Largest Violet Diamond from Argyle

Perth: Rio Tinto’s Argyle Pink Diamonds business has unveiled the largest violet diamond recovered from the Argyle mine in Western Australia. The 2.83 carat polished oval shaped diamond, known as The Argyle Violet, will be the dazzling centre piece of the 2016 Argyle Pink Diamonds Tender, the annual showcase of the rarest diamonds from the Argyle mine. Argyle Pink Diamonds

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Diamond Producers to Participate in WDC

Antwerp: Exactly two weeks before the start of the 37th World Diamond Congress (WDC), the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), organizers are putting the final touches to the meeting schedule. Among the issues to be discussed at the Congress is the work and approach of the diamond producers,

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S&P Downgrades Botswana’s Outlook to Negative

Gaborone: The Standard & Poor’s Ratings Services (S&P) has revised downwards its outlook on Botswana to negative from stable, while affirming its ‘A-/A-2’ long- and short-term foreign and local currency sovereign credit ratings. The announcement came just days after S&P’s rival, Moody’s, reaffirmed Botswana’s credit rating of A2 for foreign and domestic bonds for 2016 while also upholding a stable

Read More »

TBZ Announces Q4 & 2015-16 Results

Mumbai: Tribhovandas Bhimji Zaveri Limited (“TBZ”), India’s renowned and trusted jewellery retailer with a legacy of over 150 years, reported its audited results and financial performance for the fourth quarter and full financial year ending 31st March, 2016. Key Highlights: In Rs crores Q4 FY16 Q4 FY15 % YoY FY16 FY15 % YoY   Total Income from Operations 305.16 463.01

Read More »

Rio Tinto’s Largest Violet Diamond from Argyle

Perth: Rio Tinto’s Argyle Pink Diamonds business has unveiled the largest violet diamond recovered from the Argyle mine in Western Australia. The 2.83 carat polished oval shaped diamond, known as The Argyle Violet, will be the dazzling centre piece of the 2016 Argyle Pink Diamonds Tender, the annual showcase of the rarest diamonds from the Argyle mine. Argyle Pink Diamonds

Read More »

Diamond Producers to Participate in WDC

Antwerp: Exactly two weeks before the start of the 37th World Diamond Congress (WDC), the biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), organizers are putting the final touches to the meeting schedule. Among the issues to be discussed at the Congress is the work and approach of the diamond producers,

Read More »

S&P Downgrades Botswana’s Outlook to Negative

Gaborone: The Standard & Poor’s Ratings Services (S&P) has revised downwards its outlook on Botswana to negative from stable, while affirming its ‘A-/A-2’ long- and short-term foreign and local currency sovereign credit ratings. The announcement came just days after S&P’s rival, Moody’s, reaffirmed Botswana’s credit rating of A2 for foreign and domestic bonds for 2016 while also upholding a stable

Read More »

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