RAPAPORT... The Indian diamond industry has urged the government to cut taxes and lift red tape ahead of the country's annual Union Budget, arguing that exports could double under the right conditions.The Gem & Jewellery Export Promotion Council (GJEPC) has called for import duty on polished stones to drop to 2.5% from the current 7.5%, it said Thursday. The council also wants India to pe...Read More

(IDEX Online) - Insurers Jewelers Mutual is set to acquire Wexler Insurance Agency, one of the world's largest privately-owned independent insurance agencies for the jewelry trade. The move will bring together two of the most recognized names in the USA's jewelry insurance industry Jewelers Mutual Group announced on Friday that it has signed a definitive agreement to acquire We...Read More

(IDEX Online) - A British "green" millionaire is poised to produce the world's first "zero-impact diamonds".Dale Vince says his Sky Diamonds company will capture carbon dioxide directly from the atmosphere to produce 200 carats of environmentally-friendly CVD (carbon vapor deposition) lab-growns a month, scaling up to 1,000 next year.He'll use wind and solar electricity, and water collec...Read More

(IDEX Online) - October saw a blitz of price rises among smaller fancies (0.23-0.44cts) and some positive movement among 0.45-0.69cts. After a quiet September there was more movement overall, characterized by a rise in demand for these smaller, less costly stones. The economy has started its recovery, but there's still less of an appetite for larger diamonds.HIGHLIGHTSRounds0.3...Read More

As the United States posted its highest number of weekly coronavirus cases since the start of the pandemic and Americans headed to the ballot box in record numbers to cast their votes early for the country's next president, China's top leaders gathered for four days behind closed doors to craft their fourteenth Five Year Plan for 2021-2025.The Five Year Plan has been a fixture of Chinese rule sinc...Read More

Short-term valuation analysis implies major gold stocks still have another 10-20% downside.Read full newsRead More

I previously wrote that practically nothing happened on the gold market , which is bearish since gold should be rallying or trading at higher levels,Read full newsRead More

Canada's Agnico Eagle Mines reported a better-than-expected quarterly profit on Wednesday, benefiting from a surge in gold prices and sales volume, and raised its capex forecast for the year as it spends on several sites to boost production.Read full newsRead More

The Canadian stock market has always been a home for reliable, safe dividend stocks. In the last few years, tech and other sectors have seen a flurry of evolving companies, bringing investors high-growth opportunities as well. Here are four high-growth TSX stocks in Canada.WELL Health TechnologiesOne of the Canadian companies that have seen solid growth in the telehealth space recently is WELL Hea...Read More

TSX stocks at large tumbled almost 5% amid a notable surge in volatility last month. Interestingly, some of the top Canadian stocks stood strong and surged more than 30% in October. Could they remain firm for the rest of the year?Chorus AviationWhile almost the entire global aviation space is struggling amid the pandemic, Chorus Aviation (TSX:CHR) stock surged almost 35% last week. The charter fli...Read More

Are you worried about a renewed European economic lockdown or the uncertainties that the U.S. presidential election will bring?If you’re finding it difficult to navigate your stock portfolio in today’s environment, you can consider three top stocks to buy in November 2020.Gold stocksGold stocks are the place to invest in during times of uncertainty and, of course, times of money printi...Read More

Nov 02, 2020 Guest(s): Tavi Costa Portfolio Manager, Crescat Capital Over-extended equities valuations, excellent fundamentals and balance sheets for miners, and the volatility that election results would bring to stocks are contributing factors to the following three trade ideas: long mining stocks, short broad equity indices, and short emerging market currencies, said Tavi Costa, portfolio man...Read More

Here are five Fastmarkets stories you might have missed on Monday November 2 that are worth another look.Turkey produced 25.93 million tonnes of crude steel in January-September 2020, a 2.59% year-on-year increase from 25.28 million tonnes in the same period of 2019, the Turkish Steel Producers' Association (T???oeD) said on November...Read More

The three-month aluminium price on the London Metal Exchange was subject to strong afternoon buying before the close of trading on Monday November 2.The upward momentum was broadly incongruous with a strong US dollar index ahead of the country's presidential election this week, while zinc followed higher in a mixed close for LME base metals.Aluminium's outright price closed at $1,866 per tonne on...Read More

Bob Moriarty ArchivesNov 2, 2020I’m of mixed emotions about where we stand in the gold and silver resource market. Traditionally we have two tradable lows a year, one in the summer and the other at the end of tax loss silly season in December. I was spot on when calling for a correction but I have been hoping it would extend to a DSI of 10 or below. While the DSI on gold hit a low of 16 on O...Read More

China's copper industry is bracing itself for another ban on raw materials imports after escalating trade tensions with Australia led to reports of the potential cessation of trade in the red metal between the two nations.A report in the daily South China Morning Post newspaper cited multiple unnamed sources who claimed that a ban on imports of Australian copper ores and concentrate...Read More

Here are five Fastmarkets stories you might have missed on Monday November 2 that are worth another look.Turkey produced 25.93 million tonnes of crude steel in January-September 2020, a 2.59% year-on-year increase from 25.28 million tonnes in the same period of 2019, the Turkish Steel Producers' Association (T???oeD) said on November...Read More

Gold has climbed about US$20 an ounce since this point yesterday to almost $1,896/oz on the spot market.Silver was up slightly to more than $24/oz on the spot market.Newly-listed Gatos Silver hit a fresh high in Toronto (TSX: GATO) yesterday, closing up 2.9% to C$9.11 after debuting on the New York and Toronto stock exchanges last week, having raised US$150 million in its IPO priced at $7 per shar...Read More

China's copper industry is bracing itself for another ban on raw materials imports after escalating trade tensions with Australia led to reports of the potential cessation of trade in the red metal between the two nations.A report in the daily South China Morning Post newspaper cited multiple unnamed sources who claimed that a ban on imports of Australian copper ores and concentrate...Read More

Seaborne prices for both low-and high-grade manganese ore in China ticked down further in the week to Friday October 30, with falling portside ore prices and rising portside inventories continuing to weaken domestic market sentiment and buying appetite, sources said.Fastmarkets manganese ore index 37% Mn, cif Tianjin fell by 4 cents - or 1% - to $3.88 per dmtu on Friday November 2.Fastmarkets mang...Read More