Connect with us

International News

Gold sees significant decline on global trade tensions, recession fears

Published

on

Spot gold experienced a significant decline on Monday, April 7, 2025, dropping 0.3% to $3,027.90 per ounce after hitting a 3.5-week low earlier in the session. This unusual behavior for gold, traditionally a safe-haven asset, prompted market speculation that investors are selling bullion to realize profits or cover margin calls on other investments. The sell-off is attributed to escalating global trade tensions and the resulting fears of a potential global recession.

Adding to the bearish sentiment, Morningstar’s John Mills foresees gold prices plummeting to $1,820 per ounce—a 38% decline—driven by easing inflation and potential trade normalization. Mehta Equities’ Rahul Kalantri attributes recent volatility to factors like a weak US jobs report and dovish Fed signals, projecting key trading ranges for gold.  

Gold prices face a potential 38% decline, according to Morningstar’s John Mills, who forecasts a drop to $1,820 per ounce due to shifting market dynamics. Meanwhile, Mehta Equities’ Rahul Kalantri warns of persistent extreme volatility, outlining specific support and resistance levels in both USD and INR, and attributing the recent swings to various economic indicators.  

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

International News

Fluorescent Diamonds: GIA to Introduce Clearer Guidance

According to GIA, around 25% to 35% of all diamonds show some level of fluorescence. Greater transparency about this significant segment of the market could help improve confidence among both consumers and the jewellery trade.

Published

on

Later this year, the Gemological Institute of America (GIA) will introduce new wording in its diamond grading reports to reduce confusion about fluorescent diamonds. The update, expected in the fourth quarter, is one of the most important steps taken by a grading laboratory to explain this feature more clearly to both the jewellery trade and consumers.

Rapaport Intelligence Report explores what this change could mean for the diamond market. Fluorescence has had a long and complicated history. In the past, fluorescent diamonds often sold at premium prices. However, attitudes changed during the diamond boom of the 1970s and again after a grading controversy in South Korea in the early 1990s. Although later gemological research helped improve confidence in fluorescent diamonds, many buyers still view them negatively, and they often sell at discounted prices.

The report also looks at how these discounts have changed over the past six years through both strong and weak market conditions. In addition, the report explains two key questions: how fluorescence affects a diamond’s appearance and whether it influences its color grade. It also considers whether GIA’s new report comments could change how buyers view fluorescent diamonds.

The report revisits a long-debated issue—does fluorescence really affect a diamond’s beauty, or are today’s concerns mainly based on old perceptions that continue to influence buying decisions?

According to GIA, around 25% to 35% of all diamonds show some level of fluorescence. Greater transparency about this significant segment of the market could help improve confidence among both consumers and the jewellery trade.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x