International News
Gold price struggles to capitalize on intraday gains amid receding Fed rate cut bets
Concerns about Trump’s trade tariff and a modest USD weakness underpin the XAU/USD pair.
Gold price (XAU/USD) builds on the previous day’s bounce from the $2,864 region touched in reaction to hotter US consumer inflation figures and gains some follow-through positive traction for the second straight day on Thursday. A fresh leg down in the US Treasury bond yields exerts downward pressure on the US Dollar (USD), which, in turn, is seen benefiting the USD-denominated commodity. Apart from this, worries about US President Donald Trump’s tariffs and a global trade war underpin the safe-haven bullion.
Meanwhile, the hotter US consumer inflation figures released on Wednesday reaffirmed market expectations that the Federal Reserve (Fed) will stick to its hawkish stance and hold interest rates steady for an extended period. This could act as a tailwind for the US bond yields and the Greenback, which, in turn, acts as a headwind for the non-yielding Gold price amid still-overbought conditions on the daily chart. Traders now look forward to the release of the US Producer Price Index (PPI) for some meaningful impetus.
International News
VICENZAORO Rewards Excellence:The VO Awards Will Be Back For The Second Edition
Entries Open Until 30 November For ICON, LOOK and CREATION Exhibitors. The Awards Ceremony Will Take Place At VOJ27.The Finalist Creations, Selected By A Jury Of Experts, Will Be On Display At VOJ27; The Media, Exhibitors and Buyers Will Also Cast Votes For The Winners.
– Vicenzaoro’s official VO Awards will be back for their second edition to celebrate the craftsmanship, manufacturing expertise, drive for innovation and commitment to sustainability of exhibitors at Italian Exhibition Group’s international event, a leading reference for the gold, jewellery and watchmaking sector for over 70 years.
Entries are already open. Bands from the ICON, LOOK and CREATION communities can place their entries up until 30th November by completing the relevant product form and submitting the required materials. The winners will be announced during the awards ceremony on the evening of Sunday 17th January at Vicenzaoro January (15–19 January 2027).
The VO Awards were established with the aim of giving Vicenzaoro exhibitors an exclusive platform at the January edition, the first event on the industry’s global calendar, on which to display their creations: jewellery that embodies excellence and points the way forward for the industry and the market, a factor that sets the offer and spirit of this international benchmark jewellery show apart.
Matteo Farsura said:
“As part of the Vicenzaoro ecosystem the VO Awards enhance manufacturing excellence, the care taken in selecting materials, the capacity for innovation and a sustainable approach. An original initiative designed to strengthen our community and consolidate the trade show’s role as a hub where tradition, innovation, craftsmanship, talent, art and industry converge, creating value through relationships across the entire supply chain.”
THE VO AWARDS CATEGORIES
Ten competition categories represent the various aspects of gold, jewellery and silver manufacturing, in keeping with the Vicenzaoro – The Jewellery Boutique Show format, which divides the exhibition offer into thematic communities based on brand identity, positioning and communication style.
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