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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Anil Kapoor Illuminates the ‘Jewellers for Hope’

Mumbai: The 10th edition of Jewellers for Hope, the flagship charity initiative by the Gem & Jewellery Export Promotion Council (GJEPC), illuminated the city with a powerful blend of compassion, commitment, and celebration. Held alongside IIJS Premiere 2025, this landmark edition brought together industry stalwarts, philanthropists, and dignitaries to mark a decade of impactful giving. Organized in collaboration with De

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GJEPC Renames India International Jewellery Show as ‘IIJS Bharat’ 

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex trade body,has got received official confirmation from the Government to rename the biggest-ever India International Jewellery Show (IIJS) as IIJS Bharat, as announced by Mr. Kirit Bhansali, Chairman, GJEPC, during the inauguration of IIJS Premiere 2025.  In a significant announcement, Mr. Bhansali revealed that the Council has received official

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41st IIJS Premiere Inaugurated at JWCC

Mumbai: The biggest-ever India International Jewellery Show (IIJS), the 41st edition, is the biggest-ever edition of the famous gem & jewellery B2B trade show organised by India’s apex trade body,The Gem & Jewellery Export Promotion Council (GJEPC). Showcasing “Brilliant Bharat” theme, IIJS 2025 is eyeing big business generation of billions of dollars in exports with several policy initiatives such as the recently

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The Platinum BSM Sparks Fresh Thinking

Kochi: Platinum Guild International (PGI) India recently concluded the 2025 edition of its annual Platinum Buyer-Seller Meet (BSM) on a high note in Kochi, bringing together leading industry voices right from key manufacturers to major jewellery retail partners from across the country. The event hosted at the Grand Hyatt, Kochi, brought together 60 retailers & 14 manufacturers, making it one

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India to Launch Sovereign Gold Coins

New Delhi: Move over gold coins with images of the queen of England. Come Gandhi Jayanti, Indians can lap up their very own sovereign gold coins, adorned with the image of the Ashok Chakra, reports Indian Express. The government has decided to launch the sovereign gold coin from October 2 so that people can easily take advantage of it during

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Hope Spinel Sold for Record Price

London: A rare British-owned gemstone steeped in history and intrigue sold for a record price of $30,000 per carat yesterday at Bonhams Fine Jewelry sale in London. The previous world record price per carat for a faceted Spinel was $16,000 which was set in 2013. This exceptional gem was bought by a private telephone bidder. The Hope Spinel was part

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New Blood Diamond Report on 30th Sep

Johannesburg: Amnesty International announced that it will publish a new report on the diamond industry that focuses on the Central African Republic (CAR), where illicit trade continues unabated amid sweeping conflict. Research for the report was conducted in the CAR, neighboring countries and diamond-trading centers, Antwerp and Dubai, according to an Amnesty announcement. The findings revealed systematic failures in preventing

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New Appointments in RJC

New York: The Responsible Jewellery Council (RJC) has appointed Anne-Marie Fleury as its Standards and Impacts director. The organization also recently appointed Bethan Herbert as Certification and Impacts manager. Fleury will work alongside executive director Andrew Bone and chief operations officer Catherine Sproule and will be responsible for providing strategic and technical leadership in standards development, certification, assurance, impact measurement

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