RAPAPORT... Jewelry sales in the US fell 4.3% during the holiday period, even as e-commerce sales for the category soared.Online sales of jewelry rose 45% year on year for the extended seasonal period, according to data from Mastercard SpendingPulse, which tracked purchases from October 11 through Christmas Eve. The jump in digital spending could not make up for the decreased foot traffic in store...Read More

RAPAPORT... India's Gem & Jewellery Export Promotion Council (GJEPC) has introduced a new membership category for lab-grown diamond traders, claiming the move will help the sector expand.GJEPC members can now opt to identify themselves as lab-grown diamond businesses, enabling others to know that they are active in this area, the organization told Rapaport News Friday. The move followed r...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion barrels in 2020, equivalent to 83 days of oil demand.Wood Mackenzie senior...Read More

(IDEX Online) - Botswana has introduced a night-time curfew in an attempt to avoid what has been described as an "impending catastrophe".The world's biggest supplier of diamonds has seen exports fall by over 40 per cent during the pandemic.  President Dr Mokgweetsi Masisi imposed a 7pm to 4am curfew from December 24 to January 3 and renewed the country's state of emergency.Bots...Read More

(IDEX Online) - The Bharat Diamond Bourse, in Mumbai, is poised to lift its 2015 ban on trading lab-grown diamonds.Members of the world's largest diamond hub are expected to approve the proposal at the bourse's annual general meeting tomorrow (28 December).Many have diversified into lab-growns since the Bharat Diamond Bourse (BDB) ban was introduced, and feel that technology now allows a...Read More

(IDEX Online) - A counterfeiter avoided a jail term in Britain, after he admitted selling fake Pandora jewelry worth $495,000 on eBay.Usman Sadiq, 38, initially claimed all the goods were genuine, but later pleaded guilty to five trademark offences.He was caught out when trading standards officers bought a $28 Disney charm from his eBay platform. They had it analyzed and determined it was counterf...Read More

The advantage of buying a high-quality stock at a lower dollar amount is that you can accumulate more shares, which could multiply your returns over the years. We’ll focus on three such top Canadian stocks that you can buy under $20 a share to handily outperform the broader markets in the coming years. Real MattersThe reduction in interest rates following the outbreak of the COVID-19 pa...Read More

Small-cap stocks generally outperform large-caps in bullish markets. The recent rally has not been different. The TSX Composite Index is up almost 60%, while the TSX Small-cap Index has soared 107% since their respective March lows.Here are two small-cap TSX stocks that still have some steam left.Major Drilling InternationalMajor Drilling International Group (TSX:MDI) stock has been a significant...Read More

Here are five Fastmarkets stories you might have missed on Monday December 28 that are worth another look.The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard...Read More

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama fell by 20.9% year on year at the end of November, according to data released on Friday December 25 by major Japanese trading house Marubeni Corp.Aluminium stocks at the three ports totaled 254,000 tonnes on Monday November 30, down by 67,200 tonnes from 321,200 tonnes in November 2019, according to the d...Read More

An overview of the new energy raw materials markets and their latest price moves.Sybil Pan, and...Read More

Jack ChanPosted Dec 28, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.COT data is supportive for overall higher gold prices.COT data is supportive for overall higher silver prices.Our ratio is o...Read More

An overview of the new energy raw materials markets and their latest price moves.Sybil Pan, and...Read More

Here are five Fastmarkets stories you might have missed on Monday December 28 that are worth another look.The Russian government is mulling over the introduction of export duties on rebar and billet to combat a sharp rise in domestic long steel prices, Fastmarkets heard...Read More

China's State Reserve Bureau (SRB) is likely to conduct another round of cobalt metal stockpiling, sources close to the matter told Fastmarkets.A producer source told Fastmarkets that SRB sent them a notice late last week informing them of the prospective purchase, though the date for holding the tender has not been mentioned. The source expected that the purchase would take place after the New...Read More

Egyptian rebar producers raised their prices by Egyptian ?900-1,000 ($58-64) per tonne, effective Sunday December 27.The rebar prices in Egypt are now E ?13,350-13,654 per tonne ex-works, up from the E ?12,450-12,654 per tonne ex-works including 14% value-added tax announced last week.The country's biggest producer Ezz Steel is...Read More

(Corrects typographical error in paragraph 6) * U.S. stock futures reverse early losses after Trump'stweet * Source says Trump has signed $2.3 trln spending package * 2020 asset performance By Hideyuki SanoTOKYO, Dec 28 (Reuters) - Global shares ticked up on Mondayas a source said U.S. President Donald Trump signed into law a$2.3 trillion pandemic aid and spending package he had until nowrefused t...Read More

China's State Reserve Bureau (SRB) is likely to conduct another round of cobalt metal stockpiling, sources close to the matter told Fastmarkets.A producer source told Fastmarkets that SRB sent them a notice late last week informing them of the prospective purchase, though the date for holding the tender has not been mentioned. The source expected that the purchase would take place after the New...Read More

An overview of the new energy raw materials markets and their latest price moves.Sybil Pan, and...Read More

I want to begin today's Energy and Capital with a retelling of a Middle Eastern fable that's more than 1,000 years old:There was once a traveler walking across the great plateaus of central Africa. One day, while he was walking, he heard a sound from behind him. So he stopped and turned around to see if someone, or something, was following him.But he saw nothing. So he continued on his way.Minutes...Read More