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 »

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De Beers Opens First Store in Kuwait

Gaborone: De Beers recently opened a 145-square meter store in the Prestige area of the Avenues Mall in Kuwait – its first in the Emirate. It is the third location to be opened in the Middle East, following similar stores in Dubai and Bahrain. The company hosted an event in honor of talented Kuwaiti women to showcase the launch of

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De Beers 5th 2016 Sight Valued at $560 Million

Gaborone: The De Beers Group of Companies has announced that the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for its fifth Sight of 2016 was provisionally valued at $560 million. “Sales in the fifth cycle of the year were somewhat lower than in the fourth cycle, in line with our expectations and typical seasonal demand patterns,”

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India Diamond Week in New York from 22nd Aug

Mumbai: Enthused by the success of the previous editions of the India Diamond Week which commenced in 2014, India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 5th India Diamond Week in joint association with DDC (Diamond Dealers Club) in New York to be held from August 22 – 25, 2016 at the Diamond Dealers Club at 580/5th

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JNA Awards 2016 Honourees Revealed

Hong Kong: Jewellery News Asia (JNA), the organizer of the prestigious JNA Awards has announced the list of Honourees or finalists across 10 categories at a press conference held on the sidelines of the June Hong Kong Jewellery & Gem Fair. The JNA Awards, now in its fifth year, is a premier awards programme that recognises and celebrates excellence and

Read More »

De Beers Opens First Store in Kuwait

Gaborone: De Beers recently opened a 145-square meter store in the Prestige area of the Avenues Mall in Kuwait – its first in the Emirate. It is the third location to be opened in the Middle East, following similar stores in Dubai and Bahrain. The company hosted an event in honor of talented Kuwaiti women to showcase the launch of

Read More »

De Beers 5th 2016 Sight Valued at $560 Million

Gaborone: The De Beers Group of Companies has announced that the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for its fifth Sight of 2016 was provisionally valued at $560 million. “Sales in the fifth cycle of the year were somewhat lower than in the fourth cycle, in line with our expectations and typical seasonal demand patterns,”

Read More »

India Diamond Week in New York from 22nd Aug

Mumbai: Enthused by the success of the previous editions of the India Diamond Week which commenced in 2014, India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 5th India Diamond Week in joint association with DDC (Diamond Dealers Club) in New York to be held from August 22 – 25, 2016 at the Diamond Dealers Club at 580/5th

Read More »

JNA Awards 2016 Honourees Revealed

Hong Kong: Jewellery News Asia (JNA), the organizer of the prestigious JNA Awards has announced the list of Honourees or finalists across 10 categories at a press conference held on the sidelines of the June Hong Kong Jewellery & Gem Fair. The JNA Awards, now in its fifth year, is a premier awards programme that recognises and celebrates excellence and

Read More »

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