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

No Mercy for Those Involved in Certification Fraud

Antwerp: Four traders have received extremely harsh sentences from the Correctional Court in Antwerp for committing fraud concerning diamond certificates. The traders in question criminally bribed an employee from the HRD Antwerp diamond lab, and in this way were able to obtain certificates stating a higher color grade for their diamonds than is actually the case. This enabled them to

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Connecting Resources and Society Conference

Gaborone: Leading experts will meet in Botswana on 23 – 24 November 2015 for the Connecting Resources and Society conference that is set to explore the role of Botswana’s diamond industry in the socio-economic development of the country since independence, almost 50 years ago. It will also discuss how responsible resource management can safeguard the benefits of resource extraction for

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New Diamond Exchange Proposed in Lisbon

Lisbon: A new diamond exchange, which is a private project with private investors, may kick off its operations in Lisbon, presumably in two or three years from now. Though the whole venture is so far in the making and ‘not all is guaranteed yet’, in the words of Vitor Rita, its Project Manager, it has its location almost set and

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Gold Jewellery Demand +6% in Q3 2015: WGC

Mumbai: Demand for gold jewellery increased 6 percent in the third quarter of 2015 according to the World Gold Council’s (WGC) Gold Demand Trends report. Demand hit 632 tons compared to 594 tons in the third quarter of 2014. According to the WGC, consumers in India, China, the US and the Middle East took advantage of lower prices in July

Read More »

No Mercy for Those Involved in Certification Fraud

Antwerp: Four traders have received extremely harsh sentences from the Correctional Court in Antwerp for committing fraud concerning diamond certificates. The traders in question criminally bribed an employee from the HRD Antwerp diamond lab, and in this way were able to obtain certificates stating a higher color grade for their diamonds than is actually the case. This enabled them to

Read More »

Connecting Resources and Society Conference

Gaborone: Leading experts will meet in Botswana on 23 – 24 November 2015 for the Connecting Resources and Society conference that is set to explore the role of Botswana’s diamond industry in the socio-economic development of the country since independence, almost 50 years ago. It will also discuss how responsible resource management can safeguard the benefits of resource extraction for

Read More »

New Diamond Exchange Proposed in Lisbon

Lisbon: A new diamond exchange, which is a private project with private investors, may kick off its operations in Lisbon, presumably in two or three years from now. Though the whole venture is so far in the making and ‘not all is guaranteed yet’, in the words of Vitor Rita, its Project Manager, it has its location almost set and

Read More »

Gold Jewellery Demand +6% in Q3 2015: WGC

Mumbai: Demand for gold jewellery increased 6 percent in the third quarter of 2015 according to the World Gold Council’s (WGC) Gold Demand Trends report. Demand hit 632 tons compared to 594 tons in the third quarter of 2014. According to the WGC, consumers in India, China, the US and the Middle East took advantage of lower prices in July

Read More »

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