China Central Television (CCTV) reports on Wuhan Coronavirus research in 2018.The release may have been accidental...But - lax security and procedureContinue...Read More
Dr. Kobi Haviv, Director of Jerusalem HospitalWatch in full screen so you can read the subtitles.'Vaccinated account for 95% of severe Covid hospitalizations. Vaccine effectiveness is fading.'Continue...Read More
A sudden burst of selling in the gold futures contract sent Gold pries plunging to as Continue...Read More
While Olympic athletes in Tokyo are going for the gold, investors are going for anything that might provide positive real returns.In a yield-starved environment where bonds and cash are returning less than inflation, there are no guarantees. But there are certainly opportunities outside of fixed income instruments.Investors who try to sprint their way to success risk hurting themselves in the proc...Read More
Here are five Fastmarkets stories you might have missed on Friday August 6 that are worth another look.German industrial group Thyssenkrupp has agreed the sale of its infrastructure business to compatriot company FMC Beteiligungs KG, an entrepreneur-led investment firm, Thyssenkrupp said on Thursday August 5.Spot differentials for low-carbon...Read More
Here are five Fastmarkets stories you might have missed on Friday August 6 that are worth another look.German industrial group Thyssenkrupp has agreed the sale of its infrastructure business to compatriot company FMC Beteiligungs KG, an entrepreneur-led investment firm, Thyssenkrupp said on Thursday August 5.Spot differentials for low-carbon...Read More
"Trustworthy Markets"?by Bix Weir of Road to Roota2 Bank of America silver traders were found GUILTY of manipulating the market for silver from 2008-2014...the SAME TIME that Gary Gensler was the Head of the CFTC!! And now he wants to lecture crypto investors about "Trustworthy Markets!" Give me a break!*** Please Note: If our comment section looks different, it's because we were served notice tod...Read More
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RAPAPORT... Titan Company's sales and profit recovered in the first fiscal quarter as the Indian jewelry retailer weathered the Covid-19 crisis that afflicted the country earlier this year.Revenue - including at subsidiaries - soared 74% year on year to INR 35.19 billion ($473.8 million) for the three months ending June 30, the company reported last week. The jeweler registered a profit of IN...Read More
RAPAPORT... Jewelry sales in the US saw a sharp spike in July as in-store traffic increased and customers had extra cash available to spend, according to Mastercard SpendingPulse.Sales in the category grew 83% year on year during the month, reflecting a favorable comparison with July of last year, when the Covid-19 pandemic forced many stores to close. However, jewelry spending also rose 54%...Read More
RAPAPORT... India's gem and jewelry trade is planning to reach $44 billion in outbound shipments this fiscal year as part of the nation's push to expand some of its most important export sectors.The announcement by the Gem & Jewellery Export Promotion Council (GJEPC) followed a speech by Indian Prime Minister Narendra Modi in which he called for a jump in countrywide exports to $400 billi...Read More
RAPAPORT... Sotheby's will host its first sale dedicated solely to Black jewelry designers, featuring custom-made and signature pieces from 21 participants.The exhibition, Brilliant & Black: A Jewelry Renaissance, will take place live in New York from September 17 to 26, with the pieces available for immediate purchase in-person, the auction house said last week. The jewelry can also be bought...Read More
(IDEX Online) - Christie's says a 24.45-carat heart-shaped diamond is the highest-valued jewel it has ever offered at an online auction.The D color, IF, Type IIa diamond pendant (pictured) has an estimate of of $1.55m to $2.55m.The gem leads the Jewels Online: Summer Sparkle sale, which closes on 18 August.Christie's previous record estimate for a high-value jewel online was $1m to $2m f...Read More
RAPAPORT... Christie's will offer a 24.45-carat diamond at its upcoming online sale, estimating it will fetch up to $2.55 million - the most for any jewel at a digital auction by the company.A necklace featuring the heart-shaped, D-color, internally flawless, type IIa diamond will lead the sale, which is named Jewels Online: Summer Sparkle and will run from August 4 to 18, Christie's said last wee...Read More
(IDEX Online) - Alrosa is expected to top its dwindling stocks with more rough diamonds from Gokhran, Russia's state repository.Last month the miner bought about 70 per cent of the 1.02m carats, which were sold at auction for a total of $139.2m, according to the Interfax news agency.Alrosa has been warning of "a long period of supply deficit" in the rough market as consumer demand outstrips s...Read More
(IDEX Online) - Three shipments of counterfeit watches and jewelry, worth $5.6m if genuine, have been seized entering the US from Hong Kong.Customs and Border Protection (CBP) officers in Louisville, Kentucky intercepted 580 fake pieces of David Yurman jewelry on 30 July, which would have been worth $365,000.The following day they seized 2,411 counterfeit designer brand watches with a value, if ge...Read More
Australian gold miner Resolute Mining Ltd said on Thursday it would sell its Bibiani mine in Ghana to Canada's Asante Gold Corp for $90 million.Read full newsRead More
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia , Aug. 04, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More
It’s not easy to find worthy investment ideas in such a frothy market. Investors should be wary of valuation in such markets and not just follow the exuberance. Here are three top TSX stocks that look attractive from the valuation standpoint and offer decent growth prospects as well.Barrick GoldThe year 2021 is turning out to be a different year for gold miners and investors than 2020. While...Read More
While the stock market is at all-time highs, gold isn't far behind.Sure, it's pulled back some, but prices are around 90% of their peak last year and trending up.This may seem counterintuitive with both rising at the same time. In some ways it is, but it isn't.It isn't just a doom-and-gloom counter-narrative, though plenty of gold haters always see any rise in gold prices that way.Instead, what we...Read More