Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?

Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring

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Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?

Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring

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Men of Platinum Returns with ‘MS Dhoni Signature Edition’

Mumbai: Platinum Guild International (PGI) India’s Men of Platinum brand returns this festive season with the MS Dhoni Signature Edition — a line of jewellery that speaks to the enduring legacy of a modern icon. Crafted in 95% pure platinum one of the highest standards of purity in precious jewellery, platinum is naturally white, it never fades or tarnishes. Each

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Zen Diamond Opens 2 New Stores in Bengaluru

Bengaluru: Zen Diamond, a fine jewellery brand with a presence in over 450+ stores worldwide, is strengthening its footprint in India with the launch of two new stores in Bengaluru. Following its successful debut in Mumbai with stores in Bandra and Borivali, Zen Diamond now expands its presence to South India with openings at Phoenix Mall of Asia and Phoenix

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A New Book on ‘Theft of Koh-i-Noor’ by Britain

Mumbai: A new children’s picture book relating the story of the Koh-i-Noor as one of theft and colonial conquest, has just been published in India. Supriya Kelkar, a US-based author and illustrator of Indian origin, tells how the world’s most famous diamond was “stolen” by the British East India Company after the defeat of the Sikh Empire in 1849 and presented to Britain’s

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National Jewellery Awards 2025 Presented

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly hosted the 14th edition of the World Gold Council (WGC) Presents National Jewellery Awards (NJA’25), powered by IDT Gemological Laboratories Worldwide, at Jasmine Hall, Jio World Convention Centre, Mumbai, in conjunction with the India Gem & Jewellery Show (GJS). The evening was a dazzling celebration of India’s finest jewellery

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Silver Demand Reaches Peak in 2015

Mumbai: Demand for silver jewelry, coin and bar and photo-voltaic sectors set a record for the market, as silver demand reach 1.17 billion ounces last year, according to a report by The Silver Institute. The World Silver Survey 2016 showed that overall silver supply to the market was lower, due to continued weakness in silver scrap sales. Silver fabrication increased

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KP Forum on Rough Valuation Set for May 23

Dubai: De Beers and ALROSA will take part in a Kimberley Process (KP) forum this month on rough diamond valuation aimed at reaching a consensus on universal pricing. The event, hosted May 23 by the KP and the Organisation for Economic Co-operation and Development (OECD), will bring together companies, nations and non-profits. The organizers expect to encourage a discussion on

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Celebrate Akshaya Tritiya with Indian Gold Coin

Mumbai: Akshaya Tritiya, one of the most important festivals in the Indian calendar, falls on Monday, 9th May this year.  It is considered a particularly auspicious day to buy gold, and following this tradition is believed to bring a family long-term prosperity and success. This Akshaya Tritiya, Indian consumers can usher the festival of good fortune by buying India’s first

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ZCDC Sells 270,000 Carats of Diamonds Since Feb

Harare: The Zimbabwe Consolidated Diamond Company (ZCDC) has sold 270,000 carats of diamonds since February, when the government created the entity having merged several diamond companies, according to The Africa Report. Zimbabwe’s mines and mining development minister Walter Chidhakwa said that the ZCDC’s performance had vindicated the government’s decision consolidate the mines into one organization. He estimated that monthly diamond

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