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Below the Perspective on `Gold prices post US Fed Rate Cut Announcement` by Mr. Colin Shah, MD, Kama Jewelry “Gold prices in the international market rallied over 1% to trade over the $2710 level. The move is primarily due to the 25 bps rate cut announced by the US Fed last night. The rate cut led to a cooloff in DXY and subsequently a rally in gold. The yellow has recovered much of the fall witnessed earlier this week. Gold prices normally tend to rise in a low-interest re...
Perspective on `Gold prices post US Fed Rate Cut Announcement` by Mr. Colin Shah, MD, Kama Jewelry
Below the Quote on Perspective on `Gold price reaction amid US Elections results` by Mr. Colin Shah, MD, Kama Jewelry “A victory for Donald Trump in the US Presidential election has led to a spike in USD, and that is having a negative impact on gold prices. Gold prices have hit a lower level of 2710 in the day's trade. Prices are volatile as the street awaits the Fed outcome on Thursday, another key event guiding gold prices. We expect gold to trade in a n...
Perspective on `Gold price reaction amid US Elections results` by Mr. Colin Shah, MD, Kama Jewelry
Below the Perspective on `Expectations From Festive Sales` by Mr. Colin Shah, MD, Kama Jewelry “The demand for gold usually rises during the festive season. The yellow metal holds great cultural and sentimental value in the country. Buying gold is considered highly auspicious during the festive period. This makes our country the largest consumer of gold in the world after China. Since Dhanteras and Diwali are approaching, we expect the demand for gold jewelry to re...
Perspective on `Expectations From Festive Sales` by Mr. Colin Shah, MD, Kama Jewelry
Below the Perspective on `Election Results and Its Impact On Gems & Jewellery Sector` by Mr. Colin Shah, MD, Kama Jewelry "While the consumer demand largely remains unaffected due to election results, the industry hopes on continuity on governance as a key take away from the elections and looks forward to a further seamless ease of doing business. Despite the hurdles, Indian gems & jewellery sector has flourished in the last one decade and looks forward to policy ref...
Perspective on `Election Results and Its Impact On Gems & Jewellery Sector` by Mr. Colin Shah, MD, Kama Jewelry
Below is a quote on US Fed Rates Announcement from Mr. Colin Shah, MD, Kama Jewelry "The US Fed kept interest rates on hold, but the commentary was dovish. Especially, the indication of rate cuts as early as next year and well after that. The only caveat being economic indicators on track. The guidance on interest rates is a gradual but steady approach to bring core inflation within the desired range of 2%. Lower interest rates bodes well for the gold and gem...
Perspective on US Fed Rates Announcement by Mr. Colin Shah, MD, Kama Jewelry
Below The Perspective on The Gems and Jewellery Industry dynamics between India and Israel By Mr Colin Shah, MD, Kama JewelryThe tension between the two countries at war can adversely impact Indian exports to Israel. Total gems and jewellery trade between India & Israel accounted for USD 2041.6 million during 2022-23. The trade has fallen by almost 27% from USD 2794.39 million in 2021-22. The imports and exports of gems and jewellery with Israel have recorded an annual decline o...
Perspective on The Gems and Jewellery Industry dynamics between India and Israel By Mr Colin Shah, Kama Jewelry
Below The Perspective on the voluntary ban on natural rough diamond imports by Mr. Colin Shah, MD, Kama JewelryWith the backdrop of a concurrent downtrend in diamond exports for the last many quarters and the softening of prices, this move to voluntarily ban diamond imports is a remedial measure that will help diamond traders, especially the small and medium-sized, to ease their inventories and, at the same time, help the Indian diamond industry derive a fair price. The diamond...
Perspective on the voluntary ban on natural rough diamond imports By Mr Colin Shah, Kama Jewelry
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