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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

DS to Set Synthetic Screening Service in Shanghai
Hong Kong: Diamond Services has announced that it will begin offering synthetic diamond screening services directly to the Chinese diamond trade through the facilities in Shanghai of NGGC, the state-owned gem laboratory that is one of the largest grading institutes in China. The synthetic diamond screening service will begin on November 2. Diamond Services, which was established in 2012 in

Chairman of GJEPC Discusses Industry Issues
Mumbai: Mr. Praveenshankar Pandya, the newly elected Chairman and Mr. Russell Mehta, the Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) addressed their inaugural Press Meet on Tuesday where they focused on some of the issues faced by the gem & jewellery industry and enlisted the industry’s budgetary demands. Commenting on the slowdown in the global market,

PNG Jewellers Opens Showroom at Fremont, USA
Mumbai: The latest international showroom of PNG Jewellers was launched in Fremont, California on 16th October at 6 PM by Bollywood Actress Preity Zinta. PNG Jewllers is one of the most reputed jewellers in the country, with over 183 years of legacy and has been growing to be an international brand since past two decades. They have proudly presented their

Taliban Reportedly Involved in Gold, Lapis Trade
New York: The Taliban is illegally mining gold and controls access to a source of lapis lazuli, according to a United Nations Security Council report on Afghanistan issued in August. The report, issued by the council’s sanctions monitoring team, quotes Afghan officials as saying Taliban forces have gained control of an illegal gold mining operation in Arghistan, Afghanistan. The fundamentalist

DS to Set Synthetic Screening Service in Shanghai
Hong Kong: Diamond Services has announced that it will begin offering synthetic diamond screening services directly to the Chinese diamond trade through the facilities in Shanghai of NGGC, the state-owned gem laboratory that is one of the largest grading institutes in China. The synthetic diamond screening service will begin on November 2. Diamond Services, which was established in 2012 in

Chairman of GJEPC Discusses Industry Issues
Mumbai: Mr. Praveenshankar Pandya, the newly elected Chairman and Mr. Russell Mehta, the Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) addressed their inaugural Press Meet on Tuesday where they focused on some of the issues faced by the gem & jewellery industry and enlisted the industry’s budgetary demands. Commenting on the slowdown in the global market,

PNG Jewellers Opens Showroom at Fremont, USA
Mumbai: The latest international showroom of PNG Jewellers was launched in Fremont, California on 16th October at 6 PM by Bollywood Actress Preity Zinta. PNG Jewllers is one of the most reputed jewellers in the country, with over 183 years of legacy and has been growing to be an international brand since past two decades. They have proudly presented their

Taliban Reportedly Involved in Gold, Lapis Trade
New York: The Taliban is illegally mining gold and controls access to a source of lapis lazuli, according to a United Nations Security Council report on Afghanistan issued in August. The report, issued by the council’s sanctions monitoring team, quotes Afghan officials as saying Taliban forces have gained control of an illegal gold mining operation in Arghistan, Afghanistan. The fundamentalist