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Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Gold prices hit new all-time high, silver exceeds 11-year peak

21 may 2024
News

Gold prices reached an all-time high on Monday, while silver scaled above an 11-year peak.

Spot gold was up 0.9% at $2,436.76 per ounce after reaching a record high of $2,440.49 earlier in the trading session. Also, spot silver rose 2.5% to $32.28 after hitting an 11-year high. Platinum rose 0.7% to $1,088.75 after hitting its highest since 12th May 2023. Palladium dropped 0.5% to $1,013.56.

According to experts, a slowing US inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut soon.

Hélène Tarin, Editor in Chief of the Asian Bureau, Rough&Polished

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