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 »

Top News

Diamond Detection Expo & Sympoon 15-16 Dec

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gems and jewellery industry in India in association with Bharat Diamond Bourse (BDB) will organize a Diamond Detection Expo and Symposium (DDES) at BDB, Mumbai on 15th& 16th of December. DDES, an educative initiative is organized with an objective to impart knowledge on synthetic diamonds, its detection

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De Beers IPO Could Fetch $10 Billion for Anglo

Gaborone: Anglo American Plc, the second-worst performer in the benchmark FTSE 100 this year, could raise more than $10 billion by selling its De Beers diamond business, according to HSBC Holdings Plc. “De Beers would likely attract a premium valuation,” HSBC said in a note to investors Wednesday. “A partial sale through IPO could be, under the right market conditions,

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GIA & TCS Notifies Invalidated Grading Reports

Mumbai: Gemological Institute of America (GIA) recently invalidated grading reports for 1042 diamonds after discovering that colour and clarity of these stones were fraudulently altered. Subsequently, they published the list of clients who submitted these stones. Their accounts have also been suspended. “Based on the seriousness of the issue, the Gem & Jewellery Export Promotion Council (GJEPC) and Bharat Diamond

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Talks with Temple Trusts for Monetizing Idle Gold

New Delhi: The government has initiated talks with temple trusts for bringing their vast stocks of gold into the financial system through the monetization scheme, reports Hindustan Times. Prime Minister Narendra Modi launched the scheme on November 5, along with sovereign gold bonds and coins, to mobilize an estimated 22,000 tonnes of idle gold lying in family lockers and temples

Read More »

Diamond Detection Expo & Sympoon 15-16 Dec

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gems and jewellery industry in India in association with Bharat Diamond Bourse (BDB) will organize a Diamond Detection Expo and Symposium (DDES) at BDB, Mumbai on 15th& 16th of December. DDES, an educative initiative is organized with an objective to impart knowledge on synthetic diamonds, its detection

Read More »

De Beers IPO Could Fetch $10 Billion for Anglo

Gaborone: Anglo American Plc, the second-worst performer in the benchmark FTSE 100 this year, could raise more than $10 billion by selling its De Beers diamond business, according to HSBC Holdings Plc. “De Beers would likely attract a premium valuation,” HSBC said in a note to investors Wednesday. “A partial sale through IPO could be, under the right market conditions,

Read More »

GIA & TCS Notifies Invalidated Grading Reports

Mumbai: Gemological Institute of America (GIA) recently invalidated grading reports for 1042 diamonds after discovering that colour and clarity of these stones were fraudulently altered. Subsequently, they published the list of clients who submitted these stones. Their accounts have also been suspended. “Based on the seriousness of the issue, the Gem & Jewellery Export Promotion Council (GJEPC) and Bharat Diamond

Read More »

Talks with Temple Trusts for Monetizing Idle Gold

New Delhi: The government has initiated talks with temple trusts for bringing their vast stocks of gold into the financial system through the monetization scheme, reports Hindustan Times. Prime Minister Narendra Modi launched the scheme on November 5, along with sovereign gold bonds and coins, to mobilize an estimated 22,000 tonnes of idle gold lying in family lockers and temples

Read More »

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