International News
Gold rally continues;US PCE Price Index data keenly awaited
Gold price extends its record-setting rally toward $3,100 after settling above $3,050 on Thursday. Sitting at record highs, Gold price keenly awaits the US Personal Consumption Expenditures (PCE) Price Index data and US President Donald Trump’s tariff updates for additional trading impetus.
The recent announcement of a 25% tariff on imported cars and light trucks, effective April 3, along with duties on auto parts beginning May 3, has reignited trade war fears. Reciprocal tariffs from key trading partners are expected to follow, creating an environment of uncertainty that further boosts gold’s appeal. Historically, protectionist policies have contributed to financial market instability, leading investors to shift capital into more stable assets such as gold.
Technical indicators suggest that gold prices are nearing the $3,080 resistance level, a crucial threshold for market sentiment. A breakthrough above this level could pave the way for prices to reach $3,100 and beyond. However, the Relative Strength Index (RSI) is currently at 72.50, indicating overbought conditions that may lead to a short-term correction. Key support levels to watch include $3,050 and $3,012, with $3,000 serving as a significant psychological barrier.
International News
SIJE 2026 To Host 450+ Global Brands As Singapore Welcomes Back The World Diamond Congress After 38 Years
The Largest Edition In The Expo’s History Will Coincide With The Inaugural Singapore Diamond & Jewellery Week From 9–15 July 2026.
Singapore International Jewellery Expo (SIJE) 2026 is set to stage its largest-ever edition, bringing together more than 450 brands and exhibitors from 26 countries across 10,000 square metres at Marina Bay Sands from 9 to 12 July 2026.
The event will be officially inaugurated by Alvin Tan, Minister of State for the Ministry of Trade & Industry and the Ministry of National Development, Singapore, and is expected to attract around 18,000 trade buyers and consumers over four days.
A major highlight of this year’s edition is Singapore hosting the 41st World Diamond Congress for the first time since 1988, marking the prestigious event’s return to the city-state after 38 years. The Congress, scheduled from 12 to 15 July at PARKROYAL COLLECTION Marina Bay, will bring together global leaders from across the diamond value chain, including miners, manufacturers, traders, retailers and industry associations.
SIJE 2026 also forms one of the two pillars of the inaugural Singapore Diamond & Jewellery Week (SDJW), a week-long celebration running from 9 to 15 July 2026 that will feature retail experiences, industry events, promotions and international showcases across the island nation.
Despite ongoing global economic uncertainties, SIJE 2026 has recorded its strongest international participation to date, underlining confidence in Singapore’s position as a trusted hub for jewellery, luxury retail, gemstones and high-value trade.
The exhibition will feature prominent country pavilions and exhibitors from Italy, Hong Kong and Uzbekistan, alongside leading jewellers, gemstone dealers, luxury watchmakers, designers and manufacturers from around the world.
One of the unique attractions this year will be the display of a replica of the historic Crown of Carlo di Borbone at the Diamond Exchange of Singapore (DES) Pavilion. The crown, originally created in the 18th century for Charles III of Spain, has been reconstructed from historical records and is linked to the legendary “Perfect Colour of Violet” diamond
Organised by Italian Exhibition Group (IEG) Asia, SIJE continues to strengthen Singapore’s role as a gateway to the rapidly expanding markets of Southeast Asia and the Asia-Pacific region.
Industry observers note that the scale of SIJE 2026, coupled with the return of the World Diamond Congress, reflects growing momentum in the regional luxury market and reinforces Singapore’s standing as one of the world’s most important centres for jewellery trade, craftsmanship, innovation and international business exchange.
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SIJE 2026 To Host 450+ Global Brands As Singapore Welcomes Back The World Diamond Congress After 38 Years
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International News22 hours agoSIJE 2026 To Host 450+ Global Brands As Singapore Welcomes Back The World Diamond Congress After 38 Years
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National News22 hours agoMCX Gold, Silver Move North On June US Employment Report
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BrandBuzz20 hours agoMia By Tanishq and Lakmé Join Hands To Celebrate Everyday Style and Self-Expression
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