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 »

Top News

De Beers to Cut 366 Jobs in S.A. Mines

Gaborone: Anglo American-owned De Beers has announced plans to cut 366 jobs in its South African mines as part of its retrenchment process, reports mining-technology.com. As part of its plans, the company will axe 152 posts at its Venetia Mine outside Musina, with a further jobs going at some of its other South African mines. The latest decision comes as

Read More »

Responsible Sourcing Protocol for Diamonds

New York: Signet Jewelers Limited has launched an initiative to commit to improvement and increased transparency in the integrity of the global diamond supply chain. The Responsible Sourcing Protocol for Diamonds (D-SRSP) is a collaborative effort, having gathered expert opinions from within the diamond industry, civil society and governments. These included the De Beers Group, Rio Tinto, Dominion Diamond Corporation,

Read More »

Leaders Discuss How to Market Diamonds

Ramat Gan: The first day of the International Diamond Week in Israel (IDWI) featured a panel discussion on how to market diamonds. The speakers included IDWI Guest of Honor, the British jewelry designer Stephen Webster; Jean Marc Lieberherr, the newly appointed CEO of the Diamond Producers Association; Alex Popov, Chairman of the World Diamond Mark Foundation; and Patricia Syvrud, Executive

Read More »

India May Introduce National Gold Policy Soon

New Delhi: The government of India may introduce the National Gold Policy to find a long-term solution to huge gold imports, instead of relying on ad hoc measures such as raising import duty on the yellow metal, reports Deccan Herald. Additionally, the government may also look at establishing a Gold Board for managing import-export, develop accredited refineries, drive gold monetization

Read More »

De Beers to Cut 366 Jobs in S.A. Mines

Gaborone: Anglo American-owned De Beers has announced plans to cut 366 jobs in its South African mines as part of its retrenchment process, reports mining-technology.com. As part of its plans, the company will axe 152 posts at its Venetia Mine outside Musina, with a further jobs going at some of its other South African mines. The latest decision comes as

Read More »

Responsible Sourcing Protocol for Diamonds

New York: Signet Jewelers Limited has launched an initiative to commit to improvement and increased transparency in the integrity of the global diamond supply chain. The Responsible Sourcing Protocol for Diamonds (D-SRSP) is a collaborative effort, having gathered expert opinions from within the diamond industry, civil society and governments. These included the De Beers Group, Rio Tinto, Dominion Diamond Corporation,

Read More »

Leaders Discuss How to Market Diamonds

Ramat Gan: The first day of the International Diamond Week in Israel (IDWI) featured a panel discussion on how to market diamonds. The speakers included IDWI Guest of Honor, the British jewelry designer Stephen Webster; Jean Marc Lieberherr, the newly appointed CEO of the Diamond Producers Association; Alex Popov, Chairman of the World Diamond Mark Foundation; and Patricia Syvrud, Executive

Read More »

India May Introduce National Gold Policy Soon

New Delhi: The government of India may introduce the National Gold Policy to find a long-term solution to huge gold imports, instead of relying on ad hoc measures such as raising import duty on the yellow metal, reports Deccan Herald. Additionally, the government may also look at establishing a Gold Board for managing import-export, develop accredited refineries, drive gold monetization

Read More »

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