Focus will now shift to US December private ADP job numbers tomorrow and Friday's US December nonfarm payrolls. Both these numbers should come it at or over 160,000 for gold and silver to see selling pressure. Use sharp dips to invest for Easter in both gold and silver. Trade pact with China and Brexit has already been factored by the markets. Trump has started 2020 with a fragile Middle east an...Read More
RAPAPORT... A 5.01-carat yellow-diamond ring was the most expensive piece of jewelry purchased on eBay in 2019, selling for $65,950.The piece, which is set on a gold band and flanked by 1-carat side stones, was one of two yellow diamonds that appeared in a list of the five priciest jewelry purchases at the e-commerce giant last year, the company said last week. A princess-cut, 7.31-carat, lig...Read More
RAPAPORT... Pandora's shares rose 12% after the company released preliminary results indicating it would meet its sales outlook for the year.The Danish jeweler expects same-store sales - at branches open for at least a year - to have fallen 4% in the fourth quarter of 2019 and 8% for the full year, it said Monday. The figures are in line with the forecast the company issued at the beginning o...Read More
RAPAPORT PRESS RELEASE (Revised), January 7, 2020, Las Vegas... Diamond market conditions improved in December as US and Chinese holiday demand helped raise sentiment. Polished prices stabilized and improved for sizes under 1 carat, supported by shortages of G+, VS2+ goods. High-end qualities (F+, VVS+) of 3 carats and larger diamonds remain weak. The RapNet Diamond Index (RAPI?,,?) for 1-car...Read More
(IDEX Online) - Diamond tender house Bonas will hold a gemstone tender viewing at the February Bangkok Gems & Jewellery Fair (BGJF) from February 25-27. The tender will feature 500 lots of colored gemstones. The lots will also be available for viewing in Hong Kong from March 1-4. Items on offer in the tender which is being organized with the support of the Asia Gem Center in Bangkok,...Read More
RAPAPORT... Output at Lucapa Diamond Company hit a record in the fourth quarter, leading to its strongest annual production, the miner said Monday.Production for the three months ending December 31 increased 72% year on year to 14,007 carats from the company's Lulo mine in Angola and Mothae mine in Lesotho. The record was buoyed by Mothae, with production from the deposit more than tripling c...Read More
(IDEX Online) - The National Association of Jewelry Appraisers (NAJA) has updated and expanded its Appraisal Studies Course (ASC) in its latest online incarnation. The ASC course covers a wide range of subjects from appraisal theory and methodology to jewelry history. There is a quiz at the end of each lesson to check students' knowledge. There are also interactive sections within each l...Read More
(IDEX Online) - Dominion Diamond Mines and De Beers are both looking to expand their current projects in Canada. The two companies have submitted applications to the Mackenzie Valley Land and Water Board requesting permission to ramp up their exploration activities, according to nnsl.com. Dominion has requested a five-year license to explore the area around Glowworm Lake, which lies to the ea...Read More
Forecasts...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published....Read More
...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Aluminium Having found technical support from the 200...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download...Read More
Copper spooked by geopolitical tensions A...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More
US-China trade deal should herald...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More
Short-term price direction uncertain... While we remain positive...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus do...Read More
Tin starts the year...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s...Read More
Trade deal optimism negated by geopolitical...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest iss...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were virtually unchanged following release of the November Trade report at 8:30 AM EST. Consensus was a deficit of $43.60 billion versus a deficit of $47.20 billion in October. Actual was a deficit of $43.1 billionThe Canadian Dollar was virtually unchanged at U.S. 77.00 cents...Read More
Over the past century, monetary systems change about every 30 to 40 years on average. Before 1914, the global monetary system was based on the classical gold standard.Then in 1945, a new monetary system emerged at Bretton Woods. I was at Bretton Woods this past summer to commemorate its 75th anniversary.Under that system, the dollar became the global reserve currency, linked to gold at $35 per oun...Read More