Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The 200-Day Test: Where the Bull Case for Gold and Silver Goes on Trial
Macro Snapshot: The week ending June 26 extended the precious metals selloff to a fifth consecutive week and pushed both gold and silver into the most important long-term technical zone of the broader uptrend: the 200-day exponential moving average. Three macro forces drove the decline, and they did so simultaneously. First, the US-Iran 60-day peace roadmap, formally signed in Switzerland on June 17, continued to remove the geopolitical risk premium that had supported the metals since the February conflict began.
The 200-Day Test: Where the Bull Case for Gold and Silver Goes on Trial
Macro Snapshot: The week ending June 26 extended the precious metals selloff to a fifth consecutive week and pushed both gold and silver into the most important long-term technical zone of the broader uptrend: the 200-day exponential moving average. Three macro forces drove the decline, and they did so simultaneously. First, the US-Iran 60-day peace roadmap, formally signed in Switzerland on June 17, continued to remove the geopolitical risk premium that had supported the metals since the February conflict began.
Top News
Rio Tinto Completes First Rough Viewing at IDTC
Mumbai: Rio Tinto recently completed the inaugural rough diamond viewing at the India Diamond Trading Centre (IDTC) – India’s first SNZ – in Mumbai’s Bharat Diamond Bourse (BDB). The viewing was held from November 23 to November 25, 2015. The selection on view included rough diamonds from Rio’s Argyle and Diavik mines. After completion of the viewing, the diamonds were
India Gets Rs. 246 cr. from Gold Bonds
New Delhi: Government today said Gold Bond scheme got overwhelming response from retail investors with 63,000 applications amounting to Rs 246 crore, while the gold monetization scheme, which has so far witnessed a “slow response”, has been tweaked. On gold bond scheme, a Finance Ministry statement said: “This scheme saw an overwhelming response from the investors throughout the country and
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
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,
Rio Tinto Completes First Rough Viewing at IDTC
Mumbai: Rio Tinto recently completed the inaugural rough diamond viewing at the India Diamond Trading Centre (IDTC) – India’s first SNZ – in Mumbai’s Bharat Diamond Bourse (BDB). The viewing was held from November 23 to November 25, 2015. The selection on view included rough diamonds from Rio’s Argyle and Diavik mines. After completion of the viewing, the diamonds were
India Gets Rs. 246 cr. from Gold Bonds
New Delhi: Government today said Gold Bond scheme got overwhelming response from retail investors with 63,000 applications amounting to Rs 246 crore, while the gold monetization scheme, which has so far witnessed a “slow response”, has been tweaked. On gold bond scheme, a Finance Ministry statement said: “This scheme saw an overwhelming response from the investors throughout the country and
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
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,
