The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

Read More »

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PNG Jewellers Enters Lifestyle Seg. with Perfumes

Mumbai: PNG Jewellers is all set to explore the lifestyle and fashion segment with the launch of their perfume range. PNG has created recognizable signature fragrances that define today’s men and woman. Categorized as Gold and Gold Intense, they are introducing two stunning fragrances for men and women. These perfumes are meant to recreate the independent, unique identity of today’s

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Titan to Acquire Majority Stake in CaratLane

Bengaluru: Titan Company Ltd., a lifestyle company belonging to the Tata Group, said on Friday that it will be acquiring a majority stake in online jewellery chain CaratLane, according to a report publish in ibtimes.co.in. The cost of acquisition was not disclosed by the Bengaluru-based firm that makes jewellery under the name Tanishq, apart from watches, eyewear, perfume and accessories.

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Silver Demand Reaches Peak in 2015

Mumbai: Demand for silver jewelry, coin and bar and photo-voltaic sectors set a record for the market, as silver demand reach 1.17 billion ounces last year, according to a report by The Silver Institute. The World Silver Survey 2016 showed that overall silver supply to the market was lower, due to continued weakness in silver scrap sales. Silver fabrication increased

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KP Forum on Rough Valuation Set for May 23

Dubai: De Beers and ALROSA will take part in a Kimberley Process (KP) forum this month on rough diamond valuation aimed at reaching a consensus on universal pricing. The event, hosted May 23 by the KP and the Organisation for Economic Co-operation and Development (OECD), will bring together companies, nations and non-profits. The organizers expect to encourage a discussion on

Read More »

PNG Jewellers Enters Lifestyle Seg. with Perfumes

Mumbai: PNG Jewellers is all set to explore the lifestyle and fashion segment with the launch of their perfume range. PNG has created recognizable signature fragrances that define today’s men and woman. Categorized as Gold and Gold Intense, they are introducing two stunning fragrances for men and women. These perfumes are meant to recreate the independent, unique identity of today’s

Read More »

Titan to Acquire Majority Stake in CaratLane

Bengaluru: Titan Company Ltd., a lifestyle company belonging to the Tata Group, said on Friday that it will be acquiring a majority stake in online jewellery chain CaratLane, according to a report publish in ibtimes.co.in. The cost of acquisition was not disclosed by the Bengaluru-based firm that makes jewellery under the name Tanishq, apart from watches, eyewear, perfume and accessories.

Read More »

Silver Demand Reaches Peak in 2015

Mumbai: Demand for silver jewelry, coin and bar and photo-voltaic sectors set a record for the market, as silver demand reach 1.17 billion ounces last year, according to a report by The Silver Institute. The World Silver Survey 2016 showed that overall silver supply to the market was lower, due to continued weakness in silver scrap sales. Silver fabrication increased

Read More »

KP Forum on Rough Valuation Set for May 23

Dubai: De Beers and ALROSA will take part in a Kimberley Process (KP) forum this month on rough diamond valuation aimed at reaching a consensus on universal pricing. The event, hosted May 23 by the KP and the Organisation for Economic Co-operation and Development (OECD), will bring together companies, nations and non-profits. The organizers expect to encourage a discussion on

Read More »

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