Gold and Silver Ran 5% Despite a Hawkish Fed. Are Markets Repricing Fiscal Risk?

Macro Snapshot: The week ending August 21 was defined by two opposing forces. On Tuesday the 30-year Treasury yield touched 5.34%, its highest reading since 2007. On Wednesday the Treasury Department announced it would at least double its liquidity-support buybacks of 10 to 30-year securities; hours later, FOMC minutes from July 28 to 29 showed many participants judged further tightening would likely be necessary if inflation did not decline. On the same day, US federal debt crossed $40 trillion, only

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Gold and Silver Ran 5% Despite a Hawkish Fed. Are Markets Repricing Fiscal Risk?

Macro Snapshot: The week ending August 21 was defined by two opposing forces. On Tuesday the 30-year Treasury yield touched 5.34%, its highest reading since 2007. On Wednesday the Treasury Department announced it would at least double its liquidity-support buybacks of 10 to 30-year securities; hours later, FOMC minutes from July 28 to 29 showed many participants judged further tightening would likely be necessary if inflation did not decline. On the same day, US federal debt crossed $40 trillion, only

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Botswana Diamond Exports Fall by 38%

Gaborone: Diamond exports from Botswana mines fell 38 percent to a seven-year low in 2015 as a slump in global market impacted both demand and prices. According to statistics published by the Bank of Botswana yesterday, the value of exports from the major diamond mines in Botswana fell to $2.4 billion (P28.5 billion) in 2015 from $3.9 billion (P45.6 billion)

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GJSCI Signs MOU with Maharashtra Government

Mumbai: Gem & Jewellery Skill Council of India (GJSCI) has signed a Memorandum of Understanding  (MOU) with Maharashtra State Skill Development Society (MSSDS) on 8th February 2016. The MOU was signed in the presence of Chief Minister of Maharashtra Mr. Devendra Fadnavis.  Through this MOU the signatories Mr. Prem Kumar Kothari, Chairman – GJSCI and Mr. S. S. Sandhu, Principal

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Diamond Industry Needs to Help Itself: Alex Popov

Ramat Gan: Next week, on occasion of the International Diamond Week in Israel, the Israel Diamond Exchange will be holding a diamond marketing panel discussion with the participation of Jean Marc Lieberherr, representing the Diamond Producers Association (DPA); the undersigned in his capacity of Chairman of the World Diamond Mark Foundation (WDM); Jeweller to the Stars, Stephen Webster; and Patricia

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Strong H2 Uptick in Gold Demand in 2015

Mumbai: Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half of 2015 as a result of sustained buying from central banks and a strong second half from China and

Read More »

Botswana Diamond Exports Fall by 38%

Gaborone: Diamond exports from Botswana mines fell 38 percent to a seven-year low in 2015 as a slump in global market impacted both demand and prices. According to statistics published by the Bank of Botswana yesterday, the value of exports from the major diamond mines in Botswana fell to $2.4 billion (P28.5 billion) in 2015 from $3.9 billion (P45.6 billion)

Read More »

GJSCI Signs MOU with Maharashtra Government

Mumbai: Gem & Jewellery Skill Council of India (GJSCI) has signed a Memorandum of Understanding  (MOU) with Maharashtra State Skill Development Society (MSSDS) on 8th February 2016. The MOU was signed in the presence of Chief Minister of Maharashtra Mr. Devendra Fadnavis.  Through this MOU the signatories Mr. Prem Kumar Kothari, Chairman – GJSCI and Mr. S. S. Sandhu, Principal

Read More »

Diamond Industry Needs to Help Itself: Alex Popov

Ramat Gan: Next week, on occasion of the International Diamond Week in Israel, the Israel Diamond Exchange will be holding a diamond marketing panel discussion with the participation of Jean Marc Lieberherr, representing the Diamond Producers Association (DPA); the undersigned in his capacity of Chairman of the World Diamond Mark Foundation (WDM); Jeweller to the Stars, Stephen Webster; and Patricia

Read More »

Strong H2 Uptick in Gold Demand in 2015

Mumbai: Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half of 2015 as a result of sustained buying from central banks and a strong second half from China and

Read More »

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