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Diamond News Archives

Israel's Rough Exports up 22 per cent

Category: News Archives
Created: 07 March 2021
Hits: 463
March 07, 21 by John Jeffay
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(IDEX Online) - Israel's rough diamond exports rose sharply in February, with Dubai accounting for 16 per cent of all foreign sales.

Exports fell last year as the global pandemic hit, but were up by 21.9 per cent year-on-year in January and February, according to the Ministry of Economy and Industry.

Israel's rough diamond exports were $231m over the two months, compared to $190.3m in the same period last year.

Demand has been growing in China and the US, and Israel is doing brisk trade with Dubai after the normalization agreement signed with the UAE in September 202...

Read more from our friends at IDEX

Preview Chartbook of the In Gold We Trust report 2021

Category: News Archives
Created: 05 March 2021
Hits: 439
Diamond Buyers Club
The In Gold We Trust report 2021 will be published on May 27th! Subscribe by following the link: https://ingoldwetrust.report/igwt/?
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Read more from our friends at Gold & Silver

BofA: "The Fed Will Inevitably Move To YCC" As "Rates Are No Longer Anchored"

Category: News Archives
Created: 05 March 2021
Hits: 440
Diamond Buyers Club
As a result, BofA predicts that the bond bear is likely not over and that markets will now likely push the Fed via higher yields (i.e. 10Y rising above 2%) into Yield Curve Control policy announcement, something we have been pounding the table on for months...
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Read more from our friends at Gold & Silver

US Debt on Track to Double by 2051, Raising Risk of Financial Crisis, CBO Says

Category: News Archives
Created: 05 March 2021
Hits: 626
Diamond Buyers Club
The U.S. federal debt burden will double over the next 30 years, reaching 202% of economic output in 2051, as deficits grow and interest rates eventually rise, the Congressional Budget Office said on Thursday in its latest long-term budget projections.
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Read more from our friends at Gold & Silver

Gold Settles at 9-Month Low as Powell’s Comments Help Strengthen the Dollar, Bond Yields

Category: News Archives
Created: 04 March 2021
Hits: 541
Diamond Buyers Club
Gold futures decline Thursday, with bullion settling at its lowest in nine months, amid a weekly rise in the U.S. dollar and U.S. Treasury yields holding...
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Read more from our friends at Gold & Silver

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