News Archives

: Category: News Archives; Created: 11 June 2021; Hits: 582

U.S. consumer prices are rising at the fastest rate for several years, as the economy recovers from the coronavirus recession and manufacturing supply chains struggle to keep up with demand.

...

: Category: News Archives; Created: 11 June 2021; Hits: 603

As we move into the second half of 2021, interest rates and the dollar continue to shape the outlook. Did the dollar and rates miss the bigger picture?

...

: Category: News Archives; Created: 10 June 2021; Hits: 671

Gold futures settled modestly higher on Thursday as government data showing that the pace of U.S. inflation climbed to a 13-year high in May prompted prices to tally a second straight gain.

...

: Category: News Archives; Created: 10 June 2021; Hits: 540

A new study finds that as the government expands, the private sector shrinks.

...

: Category: News Archives; Created: 10 June 2021; Hits: 650

June 10, 21 by John Jeffay

(IDEX Online) - The historic Chrysler Diamond has sold for $5.07m at Christie's New York, above its high estimate of $4.5m.

The 54.03-carat Type IaB D-color, internally flawless pear-shaped diamond (pictured) takes its name from the socialite Thelma Chrysler Foy.

Her father Walter Chrysler started life as locomotive engineer. He went on to found the Chrysler car corporation and personally funded the construction of New York's iconic Chrysler building.

Thelma bought the gem, believed to have been sourced originally by a 17th century French merchant, and it was subsequently sold to Harry Winston in 1958.

Another highlight was The Dancing Sun, a fancy intense yellow diamond of 204.36 carats, VVS2 clarity, and the largest polished diamond mined at Diavik in North America, which sold for $4,950,000 - below its high estimate of $5.5m.

The Magnificent Jewels auction on 8 June achieved a total of $26,559,250, selling 94 per cent by value, and 87 per cent by lot....

Diamond News Archives

U.S. Inflation Will Accelerate if Recovery Stays on Track

Rates, The Dollar & The 2021 Outlook: Lance Roberts

Gold Settles Up for a Second Session As Pace of U.S. Inflation Hits 13-Year High: MW

Many Politicians Claim That Increased Spending Sparks Economic Growth. Here's Why That's Misleading

Chrysler Diamonds Beats Estimate and Sells for $5m